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Block, Inc. Q1 results top estimates, shares jump after-hours
2.5.2024
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
27.4.2024
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens
ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares
26.4.2024
The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW)
Meta drops 15% on weak outlook and high AI and metaverse spending
25.4.2024
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products
Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation
23.4.2024
Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is "deeply undervalued," despite revenue decline.
The post Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation...
Ali Charts shares his opinion on Bitcoin Halving
23.4.2024
Bitcoin is rallying above the mark of $66,000 as the article is being drafted. There is speculation that it could go as high as $100k by the end of this year. Alternate speculation suggests that the token could even surpass the mark of $150,000 before entering the next year. Some of it is linked...
Fallout Creator Shares His Theories On The Prime Series
22.4.2024
Amazon Prime’s Fallout series has been out in its entirety for almost two weeks. In that time, the incredible adaptation has sparked endless conversations and theory-crafting from everybody who watched it. That includes Tim Cain, best known as the creator of Fallout. Cain took to YouTube to talk...
Fallout’s Michael Esper Shares His Go-To Helldivers 2 Stratagems
19.4.2024
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Zilliqa shares current developments shaping its ecology
16.4.2024
The Zilliqa ecosystem experienced noteworthy advancements in March 2024, which served as evidence of the platform’s ongoing expansion and aptitude for novelty. This month-long summary of Zilliqa’s highlights and successes sheds light on the platform’s ecosystem and its impact...
HBAR Foundation shares how Shinhan Bank and SB Group used the network
12.4.2024
HBAR Foundation has shared insights about how Shinhan Bank and Standard Bank Group leveraged their capabilities to drive the pilots of stablecoin. The Foundation is majorly known for hosting the Hedera Governing Council. The Council’s core functions include network governance, node...
Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR
10.4.2024
MicroStrategy's convertible bonds are due in December 2025, and seem due to a large-scale conversion into equity.
The post Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR appeared first on Cryptonews
Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response
9.4.2024
According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin...
Metaplanet Shares Soar as Japanese Firm Mimics MicroStrategy on Bitcoin Buying
9.4.2024
Metaplanet began as Red Planet Japan, a budget hotel operator, before pivoting to become a Web3 developer
Core Scientific CEO Discusses Bitcoin Halving’s Impact on Mining
9.4.2024
Adam Sullivan, CEO of Core Scientific, shares his insights on implications of the upcoming Bitcoin halving, sheds light on the future of the mining industry and crypto market.
The post Core Scientific CEO Discusses Bitcoin Halving’s Impact on Mining appeared first on Cryptonews
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
6.4.2024
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings...
Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move
6.4.2024
Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.
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Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
5.4.2024
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust
COTI Foundation shares insights into its white paper
3.4.2024
COTI Foundation has published a COTI V2 white paper. The focus is primarily on two aspects: blockchain encryption and decentralized sequencers. The COTI Foundation hopes that this will serve as a guide for the community in developing the lightest and quickest confidentiality layer 2 on Ethereum....
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...