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%.
Related Posts
Binance trading volume tops all-time high with $37B in a day
Trading volume on the world’s most popular crypto exchange has surged following a rally of the top three tokens. 954 Total views 14 Total shares With Bitcoin within $1,000 of its all-time high price of $19,891 set in December 2017, trading on major crypto exchange Binance is also hitting new heights with more than $37…
Balancer’s new MetaStable Pools seek to facilitate wrapped asset swaps
The company said that they intend for these pools to increase liquidity on hard-pegged assets. 356 Total views 325 Total shares AMM DeFi protocol Balancer announced Monday that it had partnered with DAO-based staking platform Lido to introduce a MetaStable Pool incentive program.MetaStable Pools are liquidity pools specifically designed to work with highly correlated (but…
DeFi’s Recent, Costly Setbacks Serve as Lessons for the Sector
The “hack” of the DAO runs deep into the collective memory of the cryptocurrency community. After an extremely successful crowdfund in May 2016, the DAO lasted a little over a month before an attacker started to drain funds from the smart contract, taking around $70 million worth of Ether (ETH). However, as some pointed out at…
Crypto Markets See Slight Rebound, Bitcoin Trades Above $6,500 Again
Sunday, Oct. 21: crypto markets have seen a slight rebound today, with 19 out of the 20 top cryptocurrencies by market cap in the green, and Bitcoin (BTC) back to trading above $6,500, according to CoinMarketCap.Most of the top 20 cryptocurrencies have seen a slight growth within 0.5 and 2 percent, while Bitcoin Cash (BCH)…
DeFi and NFT tokens rally higher as Bitcoin price drops below $19,000
Bitcoin (BTC) and other major altcoins are either stuck in a range or are witnessing a correction. However, that is not the case with the entire crypto space because a few tokens have been outperforming major cryptocurrencies by a considerable margin.In a world where yields have plunged to negligible levels, the DeFi ecosystem has attracted…
Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain
For the last month Bitcoin (BTC) price has traded in a tight range and trading volume has been relatively flat. Meanwhile, several tokens on the Ethereum network have been topping the price charts, especially the Decentralized Finance (DeFi) tokens.New data from Messari shows that Ethereum has just surpassed Bitcoin as the network that settles the…
Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
Bank of England governor Mark Carney has defended Facebook’s choice to create a new currency.Canadian news outlet TheStar reported Carney’s remarks on Oct. 15, noting that he highlighted the shortcomings of the current traditional financial system. Because of the inefficiency of the payments, Carey thinks that firms like Facebook should be involved in projects like…
Fantasy authors turn the VulcanVerse NFT game into a trilogy of books
Two of Britain’s most successful gamebook authors will turn VeChain’s VulcanVerse NFT game into a fantasy trilogy series. Award-winning British fantasy authors Dave Morris and Jamie Thomson will write a new fantasy trilogy “The Vulcan Verses”. The title is based on VeChain’s forthcoming Vulcan Forged non-fungible token (NFT)-powered collectible card game and decentralized virtual world VulcanVerse.With…