– Advertisement – MicroStrategy reported revenue of $120 million and gross profit of $93 million in Q2 ‘2023. The company incurred an impairment charge of $24 million on its 152,333 BTC w...
News
AI mentions skyrocket in major tech companies’ Q2 calls
The mention of artificial intelligence (AI) in earnings calls for major tech companies skyrocketed from the first to the second fiscal quarter, according to a report from Reuters. The S&P 500 comp...
SoFi Earnings Sent the Stock Flying. Why Shares Still Got a Downgrade.
Text size SoFi shares soared 20% on Monday. Justin Sullivan/Getty Images SoFi Technologies stock kicked off the week strong, soaring 20% Monday after delivering strong deposit numbers and a narrower-t...
Singapore High Court deems digital assets as trustable property
Digital assets have been conferred with property rights in Singapore following a ruling by the High Court of Singapore in a landmark case. On July 25, the High Court of Singapore ruled digital currenc...
Litecoin Blockchain’s ‘Halving,’ Set for Wednesday, Should Harden Supplies of ‘Digital Silver’
Litecoin, like Bitcoin, uses a “proof-of-work” security mechanism – relying on “miners” who expend computational resources to process transactions and secure the network. During that process, miners w...
Solana (SOL) Faces Challenges, VC Spectra Emerges as a Top Crypto Pick!
Solana’s (SOL) recent price volatility has resulted in a decline in investor interest in the ecosystem’s progress. In addition to the price decline, Solana (SOL) went through delisting from multiple p...
Ukraine’s Crypto Industry Under Scrutiny: NBU’s Bold Demands
Key Points: Ukrainian National Bank demands financial statements from local crypto companies. Kuna exchange leaves the Ukrainian market due to NBU’s actions, facing significant volume reduction. IRS c...
Litecoin (LTC) Network Fundamentals Boom Ahead of Halving Event
Litecoin is experiencing a boom in network fundamentals ahead of its halving event, which is less than 24 hours away. The mining community’s sentiment is measured by two indicators: hashrate and...
Honeywell Stock Price Prediction Aug-2023: What’s Wrong With HON?
Honeywell International Inc. (HON) is a global provider of solutions for the aerospace, building, and industrial sectors, as well as advanced materials. Why is HON Falling? The company’s stock price h...
Terraform Labs Denies Motion Seeking Dismissal of SEC Fraud Allegations
The implications of this judgment are significant for both Terraform and the broader ecosystem. Terraform Labs, and its founder, Do Kwon, are facing a major setback as US District Judge Jed Rakoff has...
Bitcoin (BTC) Traders Experience Heavy Losses, Compound (COMP) Price Struggles; Perfect Time to Invest in Borroe ($ROE)
Last week, Bitcoin (BTC) fell below $29,000 support briefly and almost triggered selling pressure in the market. In other news, Compound (COMP) struggled to maintain steady momentum after its CEO’s ex...
e.l.f Beauty (ELF) earnings Q1 2024
Tarang Amin (C), Chairman and CEO of cosmetics company e.l.f. Beauty Inc., rings the opening bell at the New York Stock Exchange (NYSE) to celebrate his company’s IPO in New York City, U.S. Sept...
Binance Japan Returns With 34 Token Listing and Spot-Trading Service
Binance Japan’s anticipated August launch with 34 tokens, including BNB, BTC, ETC, and ADA. The crypto exchange will offer spot trading and real-time single-selling price. Binance’s return through SEB...
Tether Freezes $20 Million Linked To Phishing Scammer
A phishing scammer recently nabbed $20 million in USDT from an unsuspecting victim using a zero transfer phishing attack, reported blockchain security firm PeckShield on Tuesday. The stolen funds were...
Stocks making the biggest moves after hours: SEDG, AMD, SBUX
Elf complexion sponges arranged in Germantown, New York, July 17, 2023. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after hours. SolarEdge Technologies — The solar ...
gateway to state control or monetary innovation?
While some champion CBDCs as a financial revolution, many view them as a threat to privacy and freedom. Crypto.news spoke with experts to shed light on this complex debate. Digital currencies backed b...
CRV prices spiral downward after exploit, is a recovery in sight
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The sentiment was strongly bearish for Curve toke...
Dangerous Culture Characteristics In Companies And Their Antidotes
getty An organization can only reach the level of success that its established culture will allow. Even if profitability is initially achieved with a weak or toxic culture in place, it won’t prove sus...
GameStop to pull support for its native crypto wallets by Nov. 1
GameStop has set a date for the demise of its crypto wallet program, chalking it up to “regulatory uncertainty.” The publicly traded GameStop will take its iOS and Chrome wallet extensions off the ma...
Hard-Hitting New York Attorney Files To Join Ripple Lawsuit Against SEC
High-powered attorney Douglas Samuel Zolkind has officially filed a motion to intervene in the SEC’s lawsuit against Ripple Labs. As Ripple Labs continues in its legal battle against the SEC, the New ...
Australian Dollar recapitulates after dovish RBA rate decision
Australian Dollar reverses and declines as it continues ping-ponging in a range. The latest leg down came after the Reserve Bank of Australia decided against raising interest rates, contrary to expect...
Binance Japan Debuts Listing Shiba Inu, XRP and Others
The largest crypto exchange Binance unveils an exclusive platform for the Japanese market with initial support for Shiba Inu and XRP. Binance, the global crypto exchange giant, has announced the debut...
FUN Token Accelerating Blockchain Evolution With 20M FUN Seed Fund Initiative ⋆ ZyCrypto
Advertisement     The FUN Token Seed Fund, a ground-breaking initiative created to hasten the integration of FUN Token into the fast-growing blockchain industry, has just been launched...
Toyota’s Big Earnings Surprise: It’s More Profitable Than Tesla
Text size A Toyota vehicle sits on a sales lot. Brandon Bell/Getty Images Move over Tesla— Toyota Motor is the most profitable automaker once again. The change, revealed in Toyota earnings, shows how ...
Whopping 1.41 Billion Terra Luna Classic (LUNC) Burned by Binance
Binance delivered 1.41 billion Terra Luna Classic (LUNC) tokens to the burn address. 2.65 billion Terra Luna Classic tokens were burned by Binance in July. In the 12th round of the LUNC burn mechanism...
Here’s Why $SOL Price Hold the Potential to Surpass $30
Published 4 hours ago Solana Price Analysis: The recent correction phase in Solana price found suitable support at $22.7. This horizontal level combined with the 50% Fibonacci replacement level, creat...
Microsoft AI Chooses 1inch, Hedera, and Pomerdoge As Best Cryptocurrencies Transforming Industries
Microsoft AI has analyzed various cryptocurrencies and identified three standout projects that are poised to transform industries – 1Inch (1INCH), Hedera (HBAR), and Pomerdoge (POMD). Today, we will e...
Decoding the 155-day cycle: An analysis of long-term Bitcoin holders and market trends
Quick Take The study of long-term Bitcoin holders’ behavior, especially those who have maintained their investments for over 155 days, provides fascinating insights into market patterns. Our analysis ...
Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?
Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has...
Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure
Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentral...
Judge Refuses to Dismiss SEC Lawsuit Against Terraform Labs Despite Ripple Ruling
In a high-stakes ruling for the crypto industry, U.S. District Judge Jed Rakoff on Monday denied Terraform Labs’ motion to dismiss the securities fraud lawsuit filed against it by the Securities...
Bitcoin loses $29K as traders flag key BTC price levels to watch next
Bitcoin (BTC) shed 2% into the start of August as traders’ expectations of further downside slowly came true. BTC/USD 1-hour chart. Source: TradingView Bitcoin short-term holder breakeven point in fo...