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Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy?
23.5.2024
Despite Nvidia's impressive Q1 earnings report, the price of AI-related cryptocurrency tokens fell briefly, contrary to Crypto trader's expectations.
The post Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy? appeared first on Cryptonews
Stepn Go app lets users share digital sneakers and split earnings
23.5.2024
With StepN Go, users are now able to share their digital sneakers with friends and split the earnings with the new token, the Go Gaming Token
Nvidia’s Q1 results sent its stock soaring 6% but AI tokens barely moved
23.5.2024
Nvidia’s strong earnings report didn’t have the immediate effect on AI crypto tokens that traders expected
AI-Focused Tokens Edge Higher Ahead of Nvidia Earnings Results
22.5.2024
FET, RNDR, TAO and AGIX gained even as the broader market benchmark CoinDesk 20 Index saw a slight decline during the day
AI and DePIN tokens brace for impact as NVIDIA earnings loom
21.5.2024
NVIDIA is a computer chip firm that is positioned as a major player in several areas of the cryptocurrency business, including artificial intelligence and decentralized physical infrastructure network (DePIN). Analysts anticipate that NVIDIA’s upcoming earnings report will shed light on...
Best Crypto to Buy Now May 20 – Fantom, Injective, Sui
20.5.2024
As cryptocurrency markets push higher on Monday, with Bitcoin (BTC) surpassing $68,000 as traders look ahead of this week’s Fed meeting minutes release, Nvidia earnings and the SEC’s decision on spot Ethereum ETFs, investors are hunting for the best crypto to buy now that might hand them quick...
Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
20.5.2024
The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager
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...
Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord
15.5.2024
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said
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...
Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
10.5.2024
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024.
The post Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings appeared first on Cryptonews
Marathon Digital misses Q1 estimates on bad weather, utility failures
10.5.2024
The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle
10.5.2024
Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform...
Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges
9.5.2024
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AI Crypto Coins Rally Begins Ahead of NVIDIA’s May 22 Earnings, This Lesser-Known Coin Poised for Biggest Surge
9.5.2024
Many crypto tokens attached to top AI/blockchain projects are rallying hard ahead of Nvidia’s earnings report on May 22. Nvidia is the premier AI play in the stock market. The stock has an eye-watering market capitalization of $2.2 trillion and some of the highest returns of any asset....
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
9.5.2024
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
9.5.2024
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
9.5.2024
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an increase in Bitcoin mining and hosting services....
Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
8.5.2024
The popular trading platform also beat first quarter revenue and earnings estimates