That was Wall Street billionaire investor Carl Icahn, speaking to CNBC’s Closing Bell on Tuesday, in the aftermath of emergency action taken by the government to mitigate the impact of one of the larg...
Tag: Net
Biggest USDC burn on record just occurred, net redemptions since Friday reach $4.5 billion
Circle’s stablecoin continues to struggle to win back confidence, and the biggest redemption on record just occurred as $723.5 million was sent to a null address and burnt, according to data via...
Bitcoin exchange net inflow highest in 10 months
On-chain data shows that bitcoin (BTC) has been flowing to centralized cryptocurrency exchanges at an impressive rate amid the recent market chaos. Data provided by Glassnode shows that the net transf...
Dogecoin Co-Founder Lost Millions After DOGE Price Free Fall, His Net Worth Will Shock You
In 2022, Dogecoin, like any other cryptocurrency, lost almost 60% of its value in one year. On March 9, 2023, the cryptocurrency price was around $0.072, down nearly 90% from the May 2021 all-time hi...
The SEC’s Custody Rule Would Be a Net Positive for Crypto
The SEC’s proposal that registered investment advisors be required to use an independent, regulated, qualified custodian is prudent and good for the digital asset industry. Qualified custodians, which...
Bitcoin market sentiment shifts as Asia turns from net buyers to net sellers
Definition This metric shows the 30-day change in the regional price set during Asia, US, and EU working hours, i.e., between 8 am and 8 pm. Quick Take A thesis I have covered for a substantial amount...
Bitcoin’s net emissions are down for 3rd month in a row
Ad The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted mining ban in China, a huge number of large mining operations set up s...
BUSD has seen 12 billion withdrawn from exchanges in 3 months, USDT, BTC have been net beneficiaries
Quick Take The outflows for BUSD continue, which sees a balance on exchanges of less than 10 billion. The balance on exchange was as high as 22 billion on exchanges in November 2022 — a trend expected...
Hive Blockchain Reports Q3 2022 Net Loss of $90.4 Million
8 seconds ago | 2 mins read Bitcoin News The company’s gross mining margin was hit hard by the decline in crypto prices. After the Ethereum-Merge, Hive began selling its excess energy to the grid. Whi...
Crypto Miner Hive Blockchain Posted Net Loss of $90.4M for Q3 2022
Crypto mining saw severe losses last year as prices went south. Several notable players in the space slid into bankruptcy, while others had to take cost-cut measures and shut down branches. This was a...
Coinbase Says It Will Be ‘Net Beneficiary’ Amid Heightened Regulatory Scrutiny
Coinbase, the leading cryptocurrency exchange in the U.S., took an opportunity to address the current regulatory landscape in its Q4 2022 earnings report released Tuesday, saying it is in a strong pos...
Black families’ net worth has grown since Covid, but wealth gap remains wide
Black families saw their wealth grow more than that of non-Black households during the pandemic, but the racial wealth gap is still vast, a new study showed. The average net worth among Black househol...
NBA Top Shot Ruling Is ‘Net Positive’ For Ripple, Here’s Why
Yesterday’s ruling by a U.S. District Judge on Dapper Labs’ motion to dismiss a lawsuit alleging that NBA Top Shot NFTs are an unregistered security may have a “net positive” impact on Ripple’s case a...
Coinbase’s Quarterly Net Revenue Surpasses Analyst Predictions
Coinbase’s quarterly net revenue exceeded analyst estimates, reaching $605 million, up 5% from the last quarter. Despite the positive revenue performance, Coinbase’s quarterly transaction volume decre...
Lido Finance (LDO) Shows Enormous Net Network Growth, Indicators Hit Bullish Levels
Arman Shirinyan Lido Finance remains biggest liquidity provider on network despite rise of competition Lido Finance, the popular liquid staking derivatives platform, is currently experiencing a massiv...
A “Net Zero World” Starts With Regenerative Agriculture
Farming in a “Net Zero World” murata manufacturing co. The new year is off to a fast start, but it appears that many companies have taken a step back from basing decisions solely on the bo...
Bitcoin miner Iris Energy posts $144 million net loss
Iris Energy posted a net loss of $144 million, mainly due to a $105.2 million non-cash impairment charge in part related to its equipment financing, and said it mined fewer bitcoin in the quarter end...
Revolutionary Orbeon Protocol (ORBN) Expected to Net Early Holders Nearly 60x Gains as MATIC Sees Huge Increase in NFT Transactions
Advertisement     Polygon (MATIC) is making a big impact in the world of NFTs, as the platform saw a significant increase in NFT transactions, reaching 1.5 million. Po...
Ford just exposed the biggest lie of net zero
Ford Fiesta Now is not a good time to be working in Britain’s car industry. Nobody said the shift to electric vehicles was going to be smooth, but the true scale of the disruption is only just startin...
Cloudflare Stock: Cloudflare Earnings Top Views Amid Strong 2023 Revenue Outlook For NET Stock
Cloudflare (NET) on Thursday reported fourth-quarter earnings and revenue that edged by Wall Street targets. The company’s outlook came in above expectations, and Cloudflare stock popped. X For ...
Tether reports $700 million Q4 net profit in latest attestation report
Stablecoin issuer Tether released its latest attestation report on Thursday, reporting a profit of $700 million in the fourth quarter of 2022, which it reinvested into its reserves. “Tethe...
How Are The Leading Countries Faring On The Path To Net Zero?
Authored by Wood Mackenzie’s Prakash Sharma and David Brown In the run-up to the COP27 climate conference in Egypt, more than 80 countries announced pledges to reach net zero emissions around mi...
Who is Crypto Billionaire Mike Novogratz? Net worth, Wife, Investments
Who is Galaxy Investment Firms CEO Crypto Billionaire Mike Novogratz? Michael Edward Novogratz is an American investment banker and a billionaire. Currently, he is the CEO of the cryptocurrency invest...
Bitcoin-hungry MicroStrategy Posts $250M Net Loss in Q4
MicroStrategy’s net loss jumped quarter over quarter to $250 million — though executives said the firm is going to keep up its longtime strategy of buying and holding bitcoin on its balance sheet.&nbs...
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations
Topline Indian billionaire Gautam Adani briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s th...
High Net Worth Investors Are Ready To Take The Crypto Plunge
Join Our Telegram channel to stay up to date on breaking news coverage Millionaires across the globe are investing in crypto more and more, according to a recent survey from financial advisory firm de...
Tesla records $140M Bitcoin net loss in 2022
According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss duri...
8 Of 10 High Net Worth Individuals Seek Guidance On Bitcoin
Institutional investors and high net worth (HNW) individuals’ adoption of crypto has dwindled because of the 2022 bear market. But before the start of the bear market, 2021 saw the rise of millionaire...
AMD 4Q Net Income Seen Sliding as PC Sales Drop
Key Takeaways Advanced Micro Devices Inc. (AMD) is expected to report EPS of $0.19 for the fourth quarter, a drop of almost 80% from a year ago. Revenue growth likely fell to its slowest pace since be...
Bitcoin net position change hits new monthly low; potential volatility ahead?
Bitcoin may regain some volatility to end the month as options expire. Exchange reserves drop to a monthly low but some whales are still cashing out. There are only a few days remaining until the mont...
Gautam Adani Slips From Top 5 Richest As His Net Worth Plummets After ‘Corporate Con’ Accusations
Topline Indian billionaire Gautam Adani fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. sh...
Diageo sees 9.4% jump in organic net sales for first half as prices rise
Diageo PLC UK:DGE said Thursday that pretax profit rose in the first half of fiscal 2023, supported by better-than-expected sales volumes due to higher prices, and raised its dividend payout. The Lond...