Tag: Cryptocurrency

news-07082024-094049

Valour Launches Digital Asset ETPs in Kenya, Expanding Beyond Europe

Valour, a crypto fund issuer, has made a significant move beyond Europe by partnering with the Nairobi Securities Exchange (NSE) and SovFi to introduce digital asset exchange-traded products (ETPs) in Kenya. This collaboration will...
news-07082024-062644

Analyzing MicroStrategy’s Success: Semler Scientific’s Bitcoin Strategy Shift

Semler Scientific recently made a significant shift in its investment strategy by converting much of its cash holdings to bitcoin. This decision came after Eric Semler, the company's chairman, became more actively involved in...
news-07082024-002555

Core Scientific’s Stock Jumps 18% with $2 Billion CoreWeave Deal

Core Scientific, a Bitcoin mining company, recently announced a significant deal with CoreWeave that will see an expansion of its high-performance computing (HPC) infrastructure. This agreement will allow CoreWeave to finance modifications to Core...
news-02082024-220632

Polymarket Surpasses DeFi Giants in Traffic Amid Trump-Harris Election Betting Craze

Polymarket, a prediction market platform, has experienced a surge in website traffic, surpassing other DeFi giants like Uniswap, dYdX, Compound, and GMX. This increase in traffic is mainly due to the growing interest in...
news-02082024-110510

Coinbase Earnings Threatened by Low Volume and Federal Headwinds, Analysts Warn

Coinbase's second-quarter earnings were considered solid by Wall Street analysts, despite a potential slowdown in the third quarter. The exchange reported total revenue of $1.45 billion, but revenue from transaction fees decreased by 27%.Analysts...
news-01082024-220301

Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline

Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
news-31072024-101625

Building a Blockchain-Based Professional Network: Coinbase and Google Veterans Secure $5M

Icebreaker, a new professional networking platform co-founded by former employees of Coinbase and Google, has successfully raised $5 million in a seed round to develop a blockchain-based alternative to LinkedIn. The funding was led...
news-29072024-170458

Ether ETFs Experience $340 Million Outflows in Debut Week

Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of the Grayscale Ethereum Trust (ETHE) in favor of competing products....
news-28072024-133953

Bitcoin Price Drops in Americas Following Tech Market Decline

Bitcoin's price has dropped to just above $64,000 in the Americas due to a stock market decline and weakening sentiment for risk assets. This led to over $250 million worth of bullish bets being...
news-28072024-023918

The Impact of a Democrat Win on U.S. Bitcoin Reserve: Trump’s Warning to Crypto...

Former U.S. President Donald Trump recently made a bold promise to establish a "strategic national bitcoin reserve" and vowed to never sell the government's seized bitcoin. This announcement was made during a speech at...