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Bitcoin futures cash-and-carry trade tanks in profit; what’s next?
24.6.2024
As the selling pressure on crypto continues, Bitcoin’s market price has plummeted. Consequently, the Bitcoin futures cash-and-carry trade has also tanked. Investors prefer cash-and-carry trades in the derivatives market because they involve strategies for simultaneously purchasing and selling...
BlockDAG’s Keynote 2 unveils X1 miner beta app: Mine $6000 a month by 2025, big profit opportunity for Cosmos and Maker investors
19.6.2024
Ready to uncover the next big crypto investment? BlockDAG has emerged as a major contender, capturing investors’ attention with a stunning $50.8 million raised in its presale. As the cryptocurrency world evolves, savvy investors seek opportunities for substantial returns. BlockDAG‘s...
Bitcoin price uptrend 'intact' with hodlers 120% in profit — Research
19.6.2024
Bitcoin hodlers face "boredom and apathy" but are not engaging in mass distribution — even as the BTC price dip erodes unrealized profits
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
Trump token whale sells for $3.7M profit as memecoin starts decline
18.6.2024
The memecoin whale made an over 1,428% return on his initial investment in the Trump token
Openai Reportedly Mulling For-Profit Shift
16.6.2024
Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of the picture, given that it would not have...
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
16.6.2024
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from...
OpenAI reportedly considering shift to for-profit as CEO stacks board
15.6.2024
The reported discussions come as the company adds a former NSA director to its board
Inverse futures contract, explained
13.6.2024
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT)
Base TVL surges to $8B just days after overtaking OP Mainnet
10.6.2024
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months
100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K
6.6.2024
Long-term Bitcoin holders are now all in the green, thanks to BTC’s recent climb above November 2021’s all-time high
Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment
4.6.2024
On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset
UXLINK’s Profit Rises Sharply in Web3 Social Infrastructure
30.5.2024
PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem. For Users: UXLINK offers a platform where users can socially discover, participate in, and trade crypto...
Nigerian crypto community raises alarm over Davido meme token
30.5.2024
Davido has remained silent amid criticism about pump-and-dump schemes and regulatory scrutiny
'Diamond hands' SHIB holder nets $1.1M profit after 3-year HODL
28.5.2024
The trader made an over 400-fold return on his initial investment, which was worth a little over $2,600
Trader nets $2.7M profit in 3 days with Trump-themed MAGA memecoin
27.5.2024
The MAGA memecoin has seen drastic price rallies following pro-crypto comments from Republican presidential candidate Donald Trump
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
Pepe Holders Move Funds to New Bitcoin ICO, Targeting 1982% Profits
21.5.2024
As the Pepe (PEPE) price pumps to fresh record highs as bets on Ethereum ecosystem growth grow amid optimism Ethereum ETFs might soon gain US regulatory approval, Pepe holders are taking profit and moving funds to a new Bitcoin ICO called 99Bitcoins (99BTC) as they hunt potential 1,982%...
Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue
20.5.2024
BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.
The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews
Bybit’s Notcoin listing debacle, China firm’s profits up 1100% after crypto buy: Asia Express
17.5.2024
Bybit to compensate users after Notcoin listing debacle, China gaming firm’s profits up 1100% after $200M crypto buy, and more: Asia Express