Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.
Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures' in revenue
The trading platform posted a sharp rise in monthly crypto trading volumes in November, while CEO Vlad Tenev said he hopes to eventually reel in “nine figures” in annual revenue.
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe.
Coinbase narrows loss while crypto trading volumes fall in Q3
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out.
Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode
Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.
Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%
Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production.
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit.
Bitcoin miners hedging with recent sell-offs: Bitfinex report
All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.
What is profit and loss (PnL) and how to calculate it
PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!
Coinbase remains ‘100% committed’ to US market: Armstrong
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much.
Block’s Q4 Bitcoin revenue down 7% on crypto price decline
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.
Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.
Solana eyes 40% jump in August despite long-term bearish signals
The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds.
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
Crypto market correlation and Valkyrie’s Avalanche fund launch also helped push AVAX to a weekly high.
Solana’s STEPN hits record high as GMT price skyrockets 34,000% in over a month
Strong hype around move-to-earn tokens could offset the bearish technicals emerging for GMT.
Hash rate and difficulty rebound shows miners have recovered from China exodus
Bitcoin mining profitability is up 275% since before the May 2020 halving.
62% of Robinhood’s Q2 crypto revenue was from Dogecoin trading
Around 41% of Robinhood’s quarterly revenues were generated by crypto trading.
Voyager Digital sees 16X increase in quarterly revenue, first operating profit
The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021.