Tag: Shares
Coinbase Q3 Revenue Falls Short of Estimates; Stock Drops: Analysts
Coinbase, a popular crypto exchange, reported third-quarter net revenue that fell short of expectations. This led to a 2% drop in the company's stock price to $207.50 in early trading on Thursday. Despite total...
21Shares Files S-1 Application for XRP ETF – All You Need to Know
Asset management firm 21Shares has recently made a significant move by filing an S-1 application with the US Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF). This development comes amidst...
Coinbase Q3 Earnings Fall Due to Market Conditions
Coinbase, a popular crypto exchange, reported lower-than-expected third-quarter earnings and revenue, causing a drop in its stock price during after-hours trading. The company's total revenue for the quarter was $1.2 billion, missing the estimated...
ARK Invest Purchases $2.2M Worth of Coinbase Shares
Cathie Wood's investment firm ARK Invest made a significant purchase of nearly $2.2 million worth of Coinbase shares on Tuesday. This marked ARK's first acquisition of stock in the crypto exchange since September 11.The...
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...
Bitcoin Adoption by Public Companies Boosts Share Prices
In recent times, there has been a noticeable trend of public companies adopting Bitcoin as a treasury asset, which has resulted in a significant boost in their share prices. This move has garnered attention...