Blockchain.com has announced on Thursday that it was slashing a quarter of its global workforce, multiple sources disclosed. The Luxembourg-based cryptocurrency exchange had swiftly grown during the b...
Tag: Quarter
Blockchain.com Cutting a Quarter of Its Staff: Report
Share this article The firm is reportedly closing down its Argentina offices and scrapping its plans to expand to other countries. Blockchain.com Cutting Workforce Blockchain.com is the latest crypt...
Tesla sold $936 million worth of bitcoin in the second quarter
Electric car maker Tesla (TSLA) sold $936 million worth of bitcoin during the second quarter, the company said Wednesday, citing uncertainties related to COVID-19 shutdowns in China. Tesla’s rem...
Tesla Sold 75% of Its Bitcoin in the Last Quarter
Key Takeaways Tesla has revealed that it sold 75% of its Bitcoin holdings during the last quarter. The electric vehicle company stated it had raised $936 million in cash from slashing its holdings, bu...
Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to ...
UK Treasury disclosures for first quarter reveal meetings with top crypto execs
UK Treasury disclosures for the first quarter of 2022 reveal a number of meetings between top officials and crypto companies. The HMT Ministers’ Meetings log, published on the UK government web...
TSMC’s great quarter is bad news for semiconductor supply chains — Quartz
TSMC, the world’s largest semiconductor manufacturer, reported another quarter of record profits, booming sales, and high margins. On a July 14 earnings call, executives predicted the hot streak will ...
Delta Air Lines Q2 results: ‘it’s a really strong quarter’
Delta Air Lines Inc (NYSE: DAL) on Wednesday reported quarterly revenue that topped 2019 levels. Shares are still down 6.0% on weaker-than-expected Q2 profit. Delta Air Lines Q2 results Net income pri...
How To Buy Gnox (GNOX), Aave (AAVE) And Pancakeswap (CAKE) Which Are Surging In Price This Quarter
Are you looking for some great additions to your crypto portfolio this quarter? If you are, then you’re in the right place. Experts love Gnox, Aave and Pancakeswap as some of the best possible crypto ...
Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Jul 12, 2022 at 12:02 // News Black Hat hackers are actively exploiting the cryptocurrency industry and its vulnerabilities. In the second quarter of 2022, the total loss of crypto projects due to hac...
Bed Bath & Beyond Insiders Scooped Up Stock After an Awful Quarter
Text size Bed Bath and Beyond insiders snapped up shares of the home-goods retailer. Erin Cadigan/Dreamstime.com Everything but the kitchen sink has seemed to go wrong at Bed Bath & Beyond , but t...
Bitcoin will bounce in the second quarter of 2022- Bloomberg Analyst
Bloomberg LP Senior Commodity Analyst Mike McGlone Predict a Hike in Bitcoin Prices.The second quarter of 2022 will be a good start for Bitcoin. Bloomberg LP (limited partnership), a famous name in te...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Bitcoin Sets Record For Worst Quarter Since 2011, What’s Next?
The second quarter of the year was dramatically bloody for Bitcoin. The coin ended Q2 down by 56% with the price dropping from $45,000 to $19,900, experiencing its worst quarter since Q3 2011. Bitcoin...
Bitcoin Trading Volume Sinks More than $2 Trillion in Second Quarter
Due to the steep decline in the prices of cryptocurrencies, Bitcoin trading volume in the second quarter of 2022 was one and a half times below that of the second quarter of 2021. Bitcoin continues to...
Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone
(Bloomberg) — Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multipl...
GALA Price Prediction 2022 – Will It Cross The $0.5 Mark This Quarter?
Gala Games is a virtual currency that is currently well-positioned to develop and profit from the upcoming trend in the metaverse. It is a play-to-earn gaming platform with a user-friendly integrated ...
Almost a quarter of US investors used loans to buy crypto
A large number of retail investors in the U.S. have taken out loans, often at exorbitant interest rates, to buy cryptocurrencies, and more than half of such investors ended up losing money, according ...
Foreign Investors Drained $40 Billion From Emerging Asia Last Quarter, and It Could Get Worse
(Bloomberg) — Some of Asia’s biggest stock and bond markets outside China are seeing greater outflows than in previous market crises, and the process may just be getting underway. Most Read from...
Crypto lender Celsius dismisses a quarter of its employees: Calcalist
Troubled cryptocurrency lending platform Celsius has cut 150 employees, Israeli business website Calcalist said today in a story tagged “exclusive.” The company’s LinkedIn profile lists 651 employees...
Tesla Delivery Pace Drops In Second Quarter On China Slowdown
Elon Musk at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Tesla’s billionaire CEO had anticipated more robust deliveries at the start of the seco...
Worst quarter in 11 years as Bitcoin price and activity plunge
Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both plunging over the last three months. The second quarter ending Thursday saw Bitcoin’s price f...
Bitcoin Sees Worst Quarter In 11 Years
The leading cryptocurrency in the world, Bitcoin (BTC), saw its worst quarter-over-quarter drop in 11 years. According to data from CoinGecko, BTC has lost over 57.43% in the second quarter of 2022. A...
Bitcoin Price Poised to Close the Worst Quarter in the Last Decade
With bitcoin continuing to experience adverse price movements and dumping below $20,000 for the second time in June, the asset is on the brink of registering its worst-performing quarter in about a de...
Chinese Equities Outperform Asia For The Day, Week, Month & Quarter
China Last Night KraneShares Key News Asia ended the month with a thud except for China which is fitting as China and Hong Kong equities were the only positive markets for the month. For Q2, China and...
Bed Bath & Beyond is ‘in the end days’ after ‘dumpster fire’ quarter, analyst says
It may be time to scoop up those fire-sale deals at struggling Bed Bath & Beyond (BBBY) while the company is still open for business. That’s the hot takeaway from Loop Capital Analyst Anthon...
Tesla Analysts Slash EV Delivery Forecasts After Turbulent China Quarter
Elon Musk speaks during the opening of Tesla’s Giga Berlin plant near Gruenheide, Germany, on March 22. Getty Images Tesla began the second quarter on a tear after starting 2022 with its biggest...
U.S. Economy Shrank Worse-Than-Expected 1.6% Last Quarter As Recession Fears Grow
Topline The economy last quarter posted its worst annualized showing since the pandemic-induced recession in 2020, the government said in an updated release Wednesday, blaming an unexpected decline in...