$50k Or $100k? Top Hedge Funds Predict Likely Ground For Bitcoin By Year-End

65% of crypto hedge funds are confident that Bitcoin will be between $50k-$100k by December 31, 2021, a report has shown. In a research on the number 1 crypto asset and crypto market capitalization predictions conducted in Q1 2021 by Elwood Asset Management and PWC’s crypto team and released in Q2 2021, out of the […] дальше »

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Crypto Accounts for 73% of eToro’s Total Trading Commission in Q2, “Strong Interest from Retail”

Trading platform eToro reported its second-quarter results this week that revealed commission from crypto trading to be $264. 2 million, an increase of 23x compared with $11. 2 million in the Q2 of the previous year. дальше »

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Crypto accounted for 73% of eToro’s total commissions in Q2

By comparison, crypto-assets accounted for just 7% of eToro's commissions during the second quarter… The post Crypto accounted for 73% of eToro’s total commissions in Q2 appeared first on Coin Journal. дальше »

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Riot Blockchain Publishes Record Revenues and Income for Q2 2021

With China cracking down on cryptocurrency mining earlier this year, the landscape has shaken up. Several existing mining operations have been able to scale up and grow their services, but Riot Blockchain has especially benefited from this paradigm shift. дальше »

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Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining

Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone.

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Galaxy Digital Noticed Tremendous Losses In Q2 But Mike Novogratz Stays Confident

Galaxy Digital lost a whopping $175. 8 million in quarter 2, but Mike Novogratz talks about the benefits of adopting digital assets. Mike Novogratz’s firm showed that it made lesser in the second quarter of 2021 than it got in the first quarter. дальше »

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Nvidia Ethereum Mining GPUs Underperformed in Q2, Reveals Financial Report

According to Nvidia’s Q2 earnings report, Ethereum mining GPUs didn’t perform up to expectations. And that’s despite the company noticing a record 68% increase in total revenues. Nvidia Q2 Revenue Surges 68%, While Crypto Mining Cards Underperform Nvidia has announced the financial report for second quarter of fiscal year 2022. As per the report, the […] дальше »

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Over 60% of Robinhood Clients Traded Crypto for the First Time in Q2

Robinhood is currently making more money from crypto trading than equities and options combined. While crypto revenue surged 4,560% from a year earlier, transaction revenue from equity was down 26. дальше »

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Nvidia fails to sell as many crypto-mining GPUs as expected in Q2

The company expects a minimal contribution from its cryptocurrency mining processor sales going forward.

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Billionaire Mike Novogratz unfazed by Galaxy Digital’s $175.8M loss in Q2

Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8-million loss as he emphasized the importance of digital asset adoption. дальше »

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As Paysafe guides lower on Q3 revenue, should you buy or sell?

Paysafe Limited (NYSE:PSFE) shares Monday plunged more than 13% after announcing its most recent quarterly results. The company reported fiscal Q2 revenue and earnings, beating analyst expectations on sales. дальше »

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Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14

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Intel has a stake in Coinbase with nearly $800,000 share value: Report

Chip Giant Intel has disclosed that it has a stake in Coinbase shares. The company, based in Santa Clara, seems to have bought some shares on the crypto exchange in its Q2 ending June 26. дальше »

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Reports suggest that a mainstream tech giant holds shares of Coinbase stock

End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication. дальше »

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Доходы майнинговой компании Marathon выросли на 220%

Майнинговая компания из листинга Nasdaq — Marathon Digital Holdings — раскрыла финансовые показатели II квартала 2021 года. За три месяца ее выручка выросла на 220% — до $29,3 млн. Revenues Increase 220% Q2 over Q1 2021 and 10,147% Year-over-Year to $29. дальше »

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Unique Addresses Using DeFi Protocols Grow by 65% in Q2, Institutional Capital Flooding in DeFi Too: ConsenSys

As of July 1, 2021, 161 million unique Ethereum addresses have been created, an increase of 10% over Q1 and a decrease in the 12% growth since January, according to ConsenSys’ 2Q21 report. 2. 91 million unique addresses used at least one DeFi protocol by the end of Q2, representing a 65% growth from Q1. дальше »

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Coinbase CFO on Q2 results: “we’re building deep roots with institutional clients”

Coinbase Global Inc (NASDAQ: COIN) reported better than expected results for its fiscal second quarter on Tuesday, after the bell. Shares of the company were seen about 7% up this morning. CFO Haas discusses earnings on CNBC’s “Squawk Box” Discussing earnings on CNBC’s “Squawk Box”, CFO Alesia Haas acknowledged that Coinbase benefitted greatly from the […] The post Coinbase CFO on Q2 results: “we’re building deep roots with institutional clients” appeared first on Invezz. дальше »

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Thanks To Ethereum Thumping Bitcoin, Coinbase’s Q2 Profits Hit $2.23 Billion

Analysts had written Coinbase off a while back, opining strongly that the company’s shares would underperform. In a surprising turn of events, Coinbase shares outperformed the market’s expectations as shown in the company’s second-quarter revenue record. дальше »

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Coinbase’s Institutional Volume Surges 47% to Dwarf Retail in Q2 But Accounted for Less than 6% of Revenue

Coinbase’s customers, which increased by 12 million and includes 10 out of the top 100 hedge funds by AUM, traded Ether (26%) more than Bitcoin (24%) in the second quarter of 2021 for the first time. дальше »

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Coinbase trading volume hits $462BN says 21’Q2 shareholder letter

The volatility in the crypto market pushes Coinbase’s trading volume up by over 1,500%… The post Coinbase trading volume hits $462BN says 21’Q2 shareholder letter appeared first on Coin Journal. дальше »

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Ethereum Transaction Volume Topped Bitcoin in Q2: Coinbase Report

Coinbase’s shareholder letter for Q2 2021 provides some interesting insights, including the fact that the exchanges’ ethereum volumes surpassed bitcoin’s for the first time. The post Ethereum Transaction Volume Topped Bitcoin in Q2: Coinbase Report appeared first on BeInCrypto. дальше »

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Coinbase Brought In $2.23 Billion Of Revenue, 8.8 Million Monthly Transacting Users In Q2

Coinbase brought in over $2 billion in revenue and saw monthly transacting users grow 44%. дальше »

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South Korean Banks Report 100% Increase in Crypto Transaction Fees in Q2

Despite the fluctuation in the global cryptocurrency market, South Korean banks are reporting a staggering increase in transaction fees. The post South Korean Banks Report 100% Increase in Crypto Transaction Fees in Q2 appeared first on BeInCrypto. дальше »

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Miner Argo Blockchain Reports Record Profit Amid Bitcoin Price Boom

London Stock Exchange-traded miner Argo Blockchain announced record profits in its Q2 earnings report, per a press release. The bitcoin mining firm now holds over 1,100 bitcoin worth $50 million. дальше »

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Gate.io Burned Over $21 Million In GT During Q2 2021

Gate. io has announced that during the second quarter of 2021, the platform bought and burned 4,873,866 of its native GateChain Tokens (GT) worth over $21 million as the crypto bull market pushed transactions on the platform to an 8-year high. дальше »

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Genesis Records 13 Consecutive Quarter of Growth, Reports Rotation Out of BTC into ETH While DeFi Attracts Funds

New loan originations at Genesis increased over 60% to hit an ATH of $25 billion in Q2, and while utilization of BTC loans sees compression, “the market is currently flush with investors looking for yield. дальше »

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Jack Dorsey’s Square Takes In Over Half A Billion Dollars From Cash App Bitcoin Services In Q2

Bitcoin, the largest cryptocurrency by market valuation and obviously the most publicized has also been largely adopted by investors and enthusiasts. However, some institutional investors have been slow to bank on the asset class due to fears of the asset’s high volatility which has been noted to be between 60% and 100% over its lifetime […] дальше »

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Cash App Bitcoin Revenue Rose 200% In Q2 As Demand Grows

Square’s Cash App has reported that the platform saw a 200% increase in Bitcoin revenue. This comes despite Square suffering a $45 million impairment from its Bitcoin investment. Yearly revenue reports saw Cash App’s revenue go from $875 million to $2. дальше »

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Square’s Bitcoin Revenue Tops $2.72 Billion in Q2 and Reports Impairment Loss of $45M

Twitter co-founder and CEO Jack Dorsey’s Square reported another profitable quarter with its Bitcoin yearly revenue surging 200% year over year to $2. 72 billion from $875 million. Bitcoin gross profit meanwhile rose from $17 million to $55 million. дальше »

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Square Customers Buy $2.72 Billion Worth Of Bitcoin In Q2

Payments giant Square has revealed its customers bought $2.72 billion worth of bitcoin in the second quarter of 2021. дальше »

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Square’s Bitcoin (BTC) Revenue Soars, Set to Acquire Afterpay

Bitcoin (BTC)-friendly Square, Inc. (NYSE: SQ) has recorded another sterling performance in Q2, 2021 and the firm is now looking to expand its payments ecosystem by acquiring Afterpay, according to a press release on August 1, 2021. дальше »

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Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump

Square has had a busy weekend. The company made headlines for it’s purchase of Australia-based fintech firm, Afterpay, in an all-stock deal.  Square then went on to release it’s Q2 2021 Shareholder Letter, filled to the brim with company insights – including some strong growth numbers in crypto transactions on Square’s mobile product, Cash App. дальше »

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Former Ripple Partner MoneyGram Boasts 33% Digital Growth in Q2

MoneyGram remittance giant has posted a 33-percent growth of all money transactions in Q2 this year, earning almost $330 million дальше »

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Ripple Releases Q2 XRP Markets Report… And It’s Quite An Eventful One

The average daily average volume for XRP doubled to $4. 49 billion in Q2 2020 from $2. 26 billion in the previous quarter, according to Ripple’s Q2 XRP Markets Report. “Notably, XRP volumes posted four of the highest volume days ever recorded. дальше »

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Did the SEC's lawsuit have an impact on XRP's Q2 volumes

XRP saw a major surge in its price action, thanks to a 6% hike in the past 24 hours. The sixth-largest token was trading just shy of the $0.75 mark, at the time of writing. In spite of Ripple's ongoinThe post Did the SEC's lawsuit have an impact on XRP's Q2 volumes appeared first on AMBCrypto. дальше »

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XRP volumes nearly doubled in Q2 2021, Ripple report shows

According to a Ripple market report, the average daily trading volume (ADV) of XRP has soared, almost doubling to $4. 49 billion in the second quarter of the year, compared to the $2. 26 billion recorded in the first three months of 2021, while the token witnessed four of the highest volume days ever recorded. дальше »

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MicroStrategy Pledges to Keep Buying Bitcoin (BTC)

MicroStrategy has revealed via its Q2 2021 Financial Results report released on July 29, 2021, that it plans to keep investing in its digital asset strategy even as its bitcoin (BTC) holdings are now well above 105,000. дальше »

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Mastercard: ‘Deceleration’ In Crypto Purchases In The Last 3 Weeks But “Clearly, People Want To Invest”

Crypto is a relevant technology, and as a multi-rail player, Mastercard got to be in this space because people are looking for answers, said CEO Michael Miebach at the company's Q2, 2201 earnings call. дальше »

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MicroStrategy Q2 Financials Reflect Losses Due to Crypto Market Crash

MicroStrategy’s second-quarter financial results show a loss in its bitcoin investments, but the company will continue to amass the cryptocurrency. The post MicroStrategy Q2 Financials Reflect Losses Due to Crypto Market Crash appeared first on BeInCrypto. дальше »

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MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset. дальше »

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MicroStrategy Pledges to Add More Bitcoin to Corporate Balance Sheet

CEO Michael Saylor struck a defiant tone during a Q2 investor call, pledging to add more Bitcoin to its balance sheet while continuing to advocate for the cryptocurrency. дальше »

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Global XRP Volume Skyrocketed 98 Percent in Q2: Report

XRP’s global trading volume and volatility exploded in the second quarter дальше »

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Q2 2021 XRP Markets Report

Ripple publishes the quarterly XRP Markets Report for Q2 2021.

The post Q2 2021 XRP Markets Report appeared first on Ripple.

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PayPal’s “Super App” to Offer New Crypto Functionalities

PayPal, the popular payment processing company, has indicated that its customers may not have to wait anymore to see new crypto-centric functions on their platform. Dan Schulman, PayPal’s CEO, stated today during the company’s Q2 2021 investor call that the company’s debut edition of its super app wallet was “code complete.” The head of PayPalRead More дальше »

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Paypal Reports “Strong Adoption & Trading Of Crypto” In Q2; Currently Working On Allowing Transfers To Third-party Wallets

CEO Dan Schulman “really pleased with the momentum… on crypto” but said it isn't the main course as they are onto what the next generation of the financial system looks like in terms of CBDC, smart contracts, and interesting DeFi applications. дальше »

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Tesla Reported No Changes in Digital Assets in Q2 But Recorded A Bitcoin-Related Impairment of $23 Million

Tesla has posted a bigger second-quarter profit than expected, and unlike the Q1, this time, there were no changes in digital assets. As the CEO of the electric car maker, Elon Musk, said last week at the B-Word conference, he “might pump,” but he does “not dump. дальше »

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Bitcoin’s Vicious Plunge In Q2 Cost Tesla $23 Million — But It’s Better Than Some Expected

In an earnings report after market close on Monday, Elon Musk’s electric car manufacturer revealed blockbuster income for the second quarter. The report showed that the firm produced and delivered 200,000 vehicles, accruing a profit of over $1 billion for the first time in history. дальше »

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Despite Volatile Quarter For BTC Price, Invictus’ Bitcoin Emphasis Garners Investor Returns

Promoted: Invictus Capital, which offers indirect bitcoin exposure to investors, saw impressive returns in Q2 2021. дальше »

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Elon Musk's Bitcoin Bet Cost Tesla $23 Million

Tesla had to book a $23 million Bitcoin impairment loss in Q2 дальше »

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Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2

Elon Musk and Michael Saylor have emerged as two of the most influential names in crypto. A new sentiment-driven analysis from The TIE and eToro USA reveal the extent of their influence. дальше »

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