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Bitcoin Miner Iris Energy Reiterates Hashrate View While Revenue Misses Estimates
11.5.2022
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago
Bitcoin Miner CleanSpark Tops Quarterly Estimates
10.5.2022
The company funded its growth and capital expenditure plans with the sale of mined bitcoin
Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions
5.5.2022
The payments firm formerly known as Square said it didn’t record any bitcoin impairment charges in the quarter
Marathon Digital Beats Q1 Sales, EBITDA Estimates
4.5.2022
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
3.5.2022
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of...
Collection of South African Fine Wine Sold as NFTs
29.4.2022
Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South...
Bitcoin Miner Stronghold Digital Tanks as Q4 Earnings, Revenues Miss Estimates
29.3.2022
The miner also said it no longer believes its original target of 8.0 EH/s by the end of 2022 is achievable
Bitcoin Miner Core Scientific’s Full Year Sales Rise to $545M, Beating Estimates
29.3.2022
The miner also reiterated its 2022 hashrate expectations
Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules
28.3.2022
The proposal also seeks to expand the DOJ’s budget by $52 million to fight ransomware and combat the “misuse of cryptocurrency.”
Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates
10.3.2022
Bitcoin sees competition from commodities after failing to put in lasting gains from the latest U.S. inflation news
Marathon Digital’s Q4 Revenue Rises 17% From Q3, but Misses Estimates Slightly
1.3.2022
Mined bitcoin in Q4 fell about 12% from the previous quarter, but rose more than 600% year-over-year
Block Tops Q4 Estimates, Posts Nearly $2B in Bitcoin Transactions
24.2.2022
The payments firm formerly known as Square took note of a slowdown in business in January due to the Omicron variant, but a growth recovery thus far in February
Coinbase Beats Q4 Estimates, but Shares Fall on Outlook
24.2.2022
The U.S.’s largest crypto exchange expects lower trading volumes and monthly transacting users in Q1
JPMorgan estimates ‘fair value’ of Bitcoin at $38K
9.2.2022
JPMorgan’s long-term theoretical target for Bitcoin stands at $150,000, up from $146,000 forecasted in January 2021
Bitcoin Giveaway: Crypto Exchange FTX Giving Away BTC During Super Bowl
9.2.2022
Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive between eight and 10 bitcoins. The actual prize amount depends on the time FTX’s Super Bowl commercial airs. FTX Giving Away Bitcoin in Super Bowl Sweepstakes...
US Treasury Warns NFTs May Present New Illicit Finance Risks
6.2.2022
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of...
Russia houses $200B worth of crypto, Kremlin estimates
1.2.2022
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021
First Cryptocurrency ATM Reportedly Installed in Uruguay
15.1.2022
The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose...
Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals
27.12.2021
The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated...
Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals
21.12.2021
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some...