Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry

Riot reported its second-quarter earnings after the close on Wednesday. дальше »

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Ripple v. SEC: When Will Jury Trial Begin?

The Ripple vs. SEC case marches on, with a pivotal jury trial earmarked for Q2 2024 дальше »

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Bitcoin Mining Company Marathon Digital Reports $21.3M Loss For Q2

Marathon Digital, one of the largest Bitcoin miners, has announced a net loss of $21.3 million for the second quarter of the year. Bitcoin Mining Company Marathon Digital Made $81.8 Million In Q2 Revenue In a new press release, Marathon Digital has revealed the results of the company’s performance during the second quarter of 2023 […] дальше »

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Marathon Digital posts Q2 losses amid record-breaking Bitcoin production

Marathon Digital Holdings recorded a net loss of $21. 3 million for the second quarter, despite its Bitcoin (BTC) production surging by over 300%, according to an Aug. 8 statement. Earnings breakdown Per the financial statement, the miner earned $81. дальше »

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Marathon Digital discloses $21.3m in losses in Q2

Mining company Marathon Digital Holdings recently disclosed its financial performance for the second quarter of 2023. The report showcased minimal advancements across various critical indicators, although the company did not fully meet specific market forecasts. For the quarter that concluded… дальше »

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New Nvidia Tools Unleash Greater Productivity as Regulators Battle to Keep Up

Nvidia has announced a new AI chip, the GH200 superchip, which will accelerate content creation. The company expects businesses using the chip to deliver complete systems by Q2 2023. The post New Nvidia Tools Unleash Greater Productivity as Regulators Battle to Keep Up appeared first on BeInCrypto. дальше »

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How VC Spectra’s Presale Potential Stacks Up Against SHIB and Curve DAO (CRV)

VC Spectra (SPCT) had a successful Q2, and the market is eager to see if this trend will extend into Q3. The platform progressed to Stage 2 of its public presale, with SPCT’s price soaring by 37. дальше »

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Marathon Digital Q2 results miss revenue and earnings forecasts

Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023.

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Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report

Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call. дальше »

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Cardano Blockchain Transactions Jumped 49% in Q2 on Network Upgrades, New Users

Blockchain load – a measure of how much data is contained in blocks over a certain period – rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May. дальше »

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Crypto-centered public companies record profit beating Q2 estimates

The rise in cryptocurrency prices and non-trading revenues became key to profitability for many crypto-focused companies.

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Cardano: Why did users decline in Q2?

Network activity suffered a decline on Cardano in Q2. Meanwhile, DeFi TVL and network revenue rallied. Layer-1 smart contract network Cardano [ADA] saw a slight decline in network activity dThe post Cardano: Why did users decline in Q2? appeared first on AMBCrypto. дальше »

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Avalanche’s Q2 went well - will the trend continue in Q3? 

Nansen’s report highlighted AVAX’s growth in multiple areas such as DeFi, NFTs, gaming, and enterprise.  AVAX’s price action turned bearish last week as it plummeted by over 6%. AvalaThe post Avalanche’s Q2 went well - will the trend continue in Q3?  appeared first on AMBCrypto. дальше »

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Tether May Now Be 11th Largest Bitcoin Holder, Analyst Says

Tether, the company behind the USDT stablecoin, may now be the 11th largest bitcoin holder in the world. This comes after the stablecoin issuer recently published its attestation report for Q2 2023. дальше »

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Cardano (ADA) Posts Impressive Stats in New Q2 Report

Average daily dApp transactions on Cardano network have climbed by 49% дальше »

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How Coinbase has fared against the turbulent U.S. regulatory landscape

Coinbase scooped up a portion of the business from its nearest rivals like Binance. US. Coinbase reported a total revenue of $708 million in Q2, a fall of 8% from the previous quarter. NavigaThe post How Coinbase has fared against the turbulent U. дальше »

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Coinbase’s Q2 Earnings Report Shows The Crypto Exchange Performed Better Than Expected

Coinbase, the largest cryptocurrency exchange in the United States, in its second quarter earnings report, announced a total revenue of $708 million for the second quarter of the year. The platform’s revenue in Q2 exceeds market estimates by over 12%, although interest income generated from USDC stablecoin amounted to $151 million, down by about 24% […] дальше »

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Coinbase CEO Drops Bombshell: Binance Sold All Its USDC, Why?

In a startling revelation during Coinbase’s Q2 earnings call, CEO Brian Armstrong revealed that Binance, the world’s leading cryptocurrency exchange, has liquidated its entire holdings of the stablecoin USDC. дальше »

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Ripple Q2 Report Clarifies 6 Misconceptions About Recent XRP Legal Ruling

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Coinbase sees more revenue from subscriptions, services than fees

Coinbase, the largest cryptocurrency exchange in the U. S. , recorded more revenue from subscriptions and services than transaction fees in Q2 2023. The pivot is evident in data from Kaiko that suggests a significant dip in transactional revenue from Q3 2022 onwards. дальше »

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Coinbase Q2 report exceeds analyst expectations despite legal battle with SEC

Coinbase released its financial results for the second quarter of the year, beating the analysts’ expectations. The company reported $663 million in net revenue, which is down by 10% compared to the same period last year. Coinbase also disclosed an… дальше »

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Coinbase Beats Earnings Estimates With $708M Total Revenue for Q2

Coinbase reported Q2 2023 net revenue of $663m, beating analyst expectations and marking a total revenue of $708m, despite an 8% drop from the previous quarter due to low crypto volatility. The post Coinbase Beats Earnings Estimates With $708M Total Revenue for Q2 appeared first on BeInCrypto. дальше »

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Coinbase reports $708M in quarterly revenue but overall net loss ahead of Base launch

Cryptocurrency exchange Coinbase published its Q2 earnings report on Aug. 3 and reported significant revenue despite overall losses. Coinbase said it saw $708 million in total revenue, marking a decline of 8% quarter-over-quarter (Q/Q), and $663 million in net revenue, marking a decline of 10% Q/Q. дальше »

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Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year.

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Coinbase beats Q2 estimates amid BlackRock custody deal, institutional focus

The crypto exchange’s second-quarter revenue beat estimates, while non-trading revenue surpassed trading revenue.

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Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls

The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell. дальше »

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Robinhood’s crypto revenue visibly declined in 2023

Robinhood Q2 results showed a profit for the first time since going public, but crypto revenue declined in the same quarter. Robinhood’s revenue from cryptocurrency transactions fell 18% to $31 million, according to a quarterly report released on Aug. 2.… дальше »

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NFT Trading Volume Is Sinking, But It’s Not Stopping Developers From Entering Web3

According to Alchemy’s Q2 Web3 Development Report, while NFT trading volume fell 41%, almost six million smart contracts were deployed across chains including Ethereum and Polygon. дальше »

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Exclusive - Tether Purchased 1,529 Bitcoin in Q2, CTO Confirms

The company behind the USDT stablecoin added $45 million worth of bitcoin to its balance sheet last quarter, CTO Paolo Ardoino confirmed to Bitcoin Magazine. дальше »

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Ether Liquid Staking Protocols Could Double in 2 Years: HashKey

The amount of staked ether could reach between 31%-45% of the total supply by the end of Q2 2025. дальше »

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Robinhood turns profitable for the first time since going public

Despite recording a profit, Robinhood recorded a fall of 18% in its crypto trading revenue in Q2. In June, Robinhood discontinued support for all tokens identified as securities by the SEC. дальше »

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Robinhood reports an 18% sequential decline in its second-quarter crypto trading revenue

Robinhood Markets reported its Q2 financial results on Wednesday. Mizuho analyst Dan Dolev sees upside in “HOOD” to $14 per share. Robinhood stock lost roughly 8. 0% in after-hours trading today. дальше »

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Robinhood turns profitable in Q2, but crypto revenue declines

Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline. дальше »

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Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2

The online trading platform reported second-quarter earnings after the close on Wednesday. дальше »

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As Tether boasts of a successful quarter, here's how BTC stands to benefit

Tether witnessed a successful Q2 in terms of revenue despite market volatility. BTC could benefit from Tether's investment behavior. Despite the turbulence that the DeFi sector has witnessedThe post As Tether boasts of a successful quarter, here's how BTC stands to benefit appeared first on AMBCrypto. дальше »

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MicroStrategy will buy more Bitcoins, Q2 report says

MicroStrategy plans to sell 750 million shares of stock to acquire more Bitcoin (BTC). Its current portfolio holds a total of 152,800 BTC. The company reported its intention to acquire more BTC in an SEC filing on August 1. MicroStrategy… дальше »

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Here’s The Total Number Of XRP That Ripple Currently Holds

Ripple Labs Inc. , the company behind the XRP token, has released its Q2 XRP Markets report. As part of the report, the company shared its XRP holdings as of March 31, 2023, and June 30, 2023.   Ripple’s XRP Holdings Ripple revealed that its XRP holdings fall into two categories; wallet-held XRPs and ones in escrow lockups (Ripple releases one billion XRP monthly as part of its monthly token unlock). дальше »

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Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes

The crypto exchange reports earnings for the second quarter of 2023 after the market closes on Thursday. дальше »

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Ripple Sets the Record Straight on XRP Court Ruling in Q2 Report

In its Q2 2023 Report, Ripple addressed six misconceptions about the ruling. Ripple emphasized that the Court's decision unequivocally declares XRP is not to be deemed a security. It also noted that the Court distinguished between XRP as a digital token and XRP sold with promises of investment returns. дальше »

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Ripple Debunks 6 Misconceptions About The XRP Ruling

Following the landmark court ruling in Securities & Exchange Commission (SEC) case, Ripple has cleared up some widespread misconceptions regarding the ruling. The company provided a detailed Q2 2023 XRP markets report today, where it underscored the verdict’s implications and presented key statistics about its XRP holdings. дальше »

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MicroStrategy купили 467 ВТС в июле

Американская компания MicroStrategy приобрела 467 BTC на общую сумму $14,4 млн в июле 2023 года. In July, @MicroStrategy acquired an additional 467 BTC for $14.4 million and now holds 152,800 BTC. Please join us at 5pm ET as we discuss our Q2 2023 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin. […] дальше »

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Ripple Unveils Its Total XRP Holdings: Report

Ripple Labs has published its second quarter (Q2) report with detail on its XRP holdings дальше »

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Polygon: The role of zkEVM in Q2's network growth

Daily active addresses rallied on Polygon in Q2 following the launch of Polygon zkEVM. However, during the same period, the network's transactions count trailed downwards. Layer 2 blockchainThe post Polygon: The role of zkEVM in Q2's network growth appeared first on AMBCrypto. дальше »

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MicroStrategy made largest Bitcoin purchase since 2021 in Q2 2023 amid slight revenue decrease

In its Aug. 1 financial results, business intelligence firm MicroStrategy said it acquired substantial Bitcoin during Q2 2023. Andrew Kang, Chief Financial Officer at MicroStrategy, said: “The addition in the second quarter of 12,333 bitcoins [is] the largest increase in a single quarter since Q2 2021. дальше »

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MicroStrategy narrowed its crypto-related impairment charge sharply in Q2

MicroStrategy bought another 12,333 Bitcoin in its second quarter. The business intelligence company returned to profitability in Q2. MicroStrategy stock has roughly tripled versus the start of 2023. дальше »

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MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday. дальше »

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European digital asset manager CoinShares’ revenue up 33% in Q2

Proprietary trading activities contributed heavily to the revenue increase.

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Tether reports profit worth $850 million in Q2 2023

Tether's operational profits soared past $1 billion in Q2 2023. The report also revealed treasuries worth $72.5 billion backing the USDT stablecoin. Tether, the issuer of the USDT stablecoinThe post Tether reports profit worth $850 million in Q2 2023 appeared first on AMBCrypto. дальше »

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AI mentions skyrocket in major tech companies’ Q2 calls

As major tech companies race to develop and deploy high-level AI systems, mentions of the technology are skyrocketing in company calls. дальше »

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Digital Currency Group nearing settlement with Genesis creditors; reports $216M Q2 revenue as new CFO takes helm

Digital Currency Group (DCG) is close to settling with the creditors of its subsidiary, Genesis, Bloomberg said on July 31. DCG reportedly released its second-quarter shareholder letter on the same day as Bloomberg’s article. дальше »

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