Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year.
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Robinhood hits new low as FTX US and Bitstamp USA move into stocks
As crypto trading cools down, the ability to trade stock on FTX US might be only months away, according to a tweet from the exchange’s president. Bitstamp USA has also signaled it's looking at stocks. 276 Total views 28 Total shares Crypto exchanges FTX US and Bitstamp USA are working on offering stock trading, which…

CryptoPunks’ trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection
Anyone can buy the newly launched NFTiff, but Punk holders who own an NFTiff can also redeem it for a custom pendant. 254 Total views 14 Total shares On Monday, the trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over $1,226.68 Ether (ETH)…

Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.

Russian central bank policies stop Tinkoff from offering crypto trading, CEO says
Russia has officially legalized crypto trading this January but the government still doesn’t allow local banks to offer crypto services. Tinkoff, a major private bank in Russia, is struggling to offer cryptocurrency trading to its clients due to the central bank's tough stance on digital assets.Tinkoff CEO Oliver Hughes said that the digital bank is…

Bitcoin Futures Did Not ‘Manipulate’ BTC Price — Stock-to-Flow Creator
Bitcoin futures do not unfairly impact the price of Bitcoin (BTC), according to the creator of one of the cryptocurrency’s most accurate price models.In a series of tweets on April 7, PlanB, the pseudonymous analyst behind the stock-to-flow model, argued that futures have not caused the Bitcoin price to behave erratically.PlanB: “Nothing unusual” in Bitcoin…

Crypto Market Rally Continues With Bitcoin Above $4,900, Tech Stocks Bounce Back
Tuesday, April 2 — The leading cryptocurrency Bitcoin (BTC) is holding its gains following a rally last night, with other major cryptocurrency markets registering solid growth as well.Market visualization from Coin360BTC is trading at around $4,904 at press time, holding ground on the day after it broke the $4,500 price mark for the first time…

Halving Will Be ‘Non-Event’ for BTC Price: Morgan Creek Digital Exec
Bitcoin’s (BTC) 2020 block reward halving continues to generate mixed opinions regarding price performance, as one analyst suggests its impact will be next to nothing.In a tweet on Dec. 1, Jason Williams, co-founder at digital asset fund Morgan Creek Digital, said that unlike many others, he believed markets would not move as a result of…

Analyst Is ‘Surprised’ There Hasn’t Been a Large-Scale Attack on Bitcoin Cash Yet
A cryptocurrency analyst recently said that he is surprised that Bitcoin Cash did not yet fall victim to an attack, given the fall in its hashrate. 773 Total views 11 Total shares Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by…