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$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period
1.6.2024
In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued...
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
31.5.2024
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner...
Crypto traders are expecting records for Ether amid ETF hype
28.5.2024
Volatility is on the rise, yet traders see an optimistic window for further gains. This is cemented by the fact that there has been a pivotal transition in the stand of the US Securities & Exchange Commission. The agency has started showing interest in giving the green light to more crypto...
US lawmakers demand SEC-FINRA records on Prometheum ETH custody
22.5.2024
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters
First Mover Americas: Bitcoin Hovers Around $70K After ETF Records Month-High Inflows
22.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
BlackRock's Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K
22.5.2024
Bitcoin spot ETFs in the U.S. have seen net inflows of over $1.4 billion in the past week after a timid first half of the month
Microsoft’s new ‘Black Mirror’ recall feature records everything you do
21.5.2024
“This is a Black Mirror episode. Definitely turning this ‘feature’ off,” commented Elon Musk on Microsoft’s new Recall feature
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
19.5.2024
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer investment advice and financial education. However...
The Wild Story Of Tetris World Records Has To Be Seen To Be Believed
17.5.2024
YouTuber and video game documentarian Summoning Salt has made a career out of chronicling remarkable tales of competition and achievement in speedrunning. He’s so good at capturing the inherent drama in these struggles that his videos routinely rack up millions of views, whether he’s recounting...
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
16.5.2024
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice...
PlayStation 5 Sales Fall Short Of PS4, Even As Helldivers 2 Breaks Records
14.5.2024
Sony sold over 20 million PlayStation 5s in its last fiscal year, an impressive number that nevertheless failed to hit its original goal of 25 million, and even missed its revised target of 21 million consoles sold. The latest numbers make it clear that the next-gen hardware will probably never...
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances
8.5.2024
Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance. During the last 12 months, cryptocurrency purchases reached $14.84 billion, after reaching $12.3 billion last year. Likewise, crypto imports...
Grayscale’s GBTC Bitcoin ETF Records Inflows For The First Time in 78 Days
5.5.2024
After a prolonged period of continuous outflows, Grayscale's Bitcoin Trust ETF recorded its first day of net positive inflows.
The post Grayscale’s GBTC Bitcoin ETF Records Inflows For The First Time in 78 Days appeared first on Cryptonews
Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
3.5.2024
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
1.5.2024
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56...
The crypto-mystery of BlockDAG: Was Forbes’ doxxing an accident? Or a strategic marketing move?
1.5.2024
For quite a while now, speculation has surrounded the meteoric rise of BlockDAG, a project promising to revolutionize the smart contracts and crypto mining landscapes. With its innovative technology and astronomical presale success, all eyes are on the mysterious figure(s) behind this potential...
April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK
1.5.2024
As April concludes, the cryptocurrency industry experienced a significant downturn in combined losses from hacks and scams, reaching the lowest recorded figure.
The post April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK appeared first on Cryptonews
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
30.4.2024
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account
Why The Life Is Strange Devs Aren’t Making A Sequel With Lost Records
29.4.2024
The Life Is Strange series started as French developer Don’t Nod’s baby back when the first game’s episodic rollout began in 2015. After two games, publisher Square Enix has placed the franchise in the hands of Deck Nine Games, which worked on the prequel Before the Storm and the most recent game...