Marathon Digital shares plunge 8% after Q2 revenue miss estimates
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%.
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62% of Robinhood’s Q2 crypto revenue was from Dogecoin trading
Around 41% of Robinhood’s quarterly revenues were generated by crypto trading. 282 Total views 152 Total shares Popular retail trading app, Robinhood, has revealed crypto trading surged in popularity on the platform and now represents 41% of its revenue.According to its second-quarter financial results published Aug. 18, the firm generated $233 million from crypto trading…

Craft distilling meets Bitcoin: US distillery adopts BTC for treasury use
Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model.

MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion. 106 Total views 3 Total shares Business intelligence firm MicroStrategy said it will consider opportunities for yield generation on 95,643 “unencumbered” Bitcoin (BTC) held by its subsidiary MacroStrategy.In MicroStrategy’s report for the…

Crypto Exchange Huobi to ‘Likely Launch Its Own Stablecoin in 2019,’ Says CFO
Top 5 Cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22.During a presentation in Singapore today, Huobi’s CFO said the company will also update its trading platform and continue its international expansion.“2018 brought us huge…

Major Stablecoin Basis to Close, Return Funds to Investors: Sources
Major United States-based stablecoin project Basis will shut down operations and return most of its funds to investors, crypto news outlet The Block reports today, Dec. 12.Citing “multiple people with direct knowledge of the situation,” the reports states that the algorithmic stablecoin project is set to return the majority of the $133 million in funding…

Bitcoin declines with US stocks as nuclear threat ripples through markets
BTC/USD loses over 10% in two days, hastened by concerns over Ukraine developments. 361 Total views 3 Total shares Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as $40,000 support appeared on the horizon.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Markets "shaky" but BTC could bounceData from Cointelegraph Markets…

Quantum-based random number generator for Web3 games and wallets launched
The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling. 427 Total views 34 Total shares Researchers at Australia National University have teamed up with blockchain oracle provider AP13 to launch the first Quantum Random Number Generator (QRNG).The joint effort will allow Web3 entities to…

$288K by December? Bitcoin ‘will not stop at $100K’ says stock-to-flow creator
The Bitcoin bull run of 2021 has "at least some months" left to go, says PlanB amid impatience as BTC/USD hovers below recent highs. 2915 Total views 18 Total shares Bitcoin (BTC) has plenty of room to grow in its current bull run and “will not stop” at $100,000, according to analysts including PlanB.In various…