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The most recent quarterly results were reported on March 28th and the company beat estimates on both revenue and earnings per share (EPS). Revenue went up an amazing 200% year-over-year (YoY) hitting $1.3 billion. Notably, the company was not profitable for the quarter but that was also in line with expectations. The news of the company’s performance in the last quarter reverberated nicely in the markets and the stock price grew, however, it is still down over the last year....

According to consensus data by Bloomberg, the exchange is projected to record $1.85 billion in revenue, while adjusted earnings per share are expected to be $2.48. Worth noting is that, the recent volatility in the crypto market appears to have significantly impacted the Coinbase shares that have fluctuated since going public in April. For the better of the quarter, the shares have traded below the April opening day price of $381....

The company was best known for the production of Angry Birds merchandise in 2009. Since then, the company has evolved from games to many entertainment and consumer products in brand licensing. Through that acquisition, the wholly-owned Rovio subsidiary will rebrand to become Rovio Copenhagen. Darkfire operates as a free-to-play (F2P) mobile games studio that formerly went by the name Wargaming Denmark. The company focuses on Role Playing Games (RPG). Nonetheless, Rovio Copenhagen will continue to exist as an independent studio that will entirely focus on mobile RPGs....

Berkshire Hathaway now has cumulative ownership of 150.5 million shares of the bank, as indicated in a form that Buffett filed with the Securities and Exchange Commission (SEC). Buffet said in the SEC filing that Berkshire Hathaway’s stake in U.S. Bancorp has dropped below 10%. Thus, Buffett and his company will not have to report trades in the stock from now henceforth. Nevertheless, they are compelled to publish their holdings by the end of every quarter....

The scam was highlighted by Reddit and Twitter users, who pointed out the website “StarlinkIran.com” was essentially a scam due to apparent flaws and red flags. The most outstanding red flag is that Iran does not have any relationship with Starlink, and there are no existing orders yet. According to the website, Iranians who are open to their services would part with a hardware fee of $249 and a monthly charge of $49, all payable through Bitcoin....

Indeed, Munger denounced crypto as a “bad combination” of “partly fraud and partly delusion,” and “a currency that is good for kidnappers,” as he said in an interview with CNBC’s Becky Quick published on November 15. In the view of Warren Buffett’s right-hand man: Furthermore, Munger voiced his opinion that “reputation is very helpful in financial life. To destroy your reputation by associating with scumballs and scumball promotions is a huge mistake....

Indeed, Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital, said he was content with the price of Bitcoin (BTC) ending the year in a zone between $20,000 and $30,000, as he opined in an interview with Bloomberg’s Sonali Basak published on August 8. Asked specifically about the price targets for the end of the year when it comes to Bitcoin, Novogratz stressed that: The Fed connection Furthermore, the former hedge fund manager explained the connection between the token and the activities of the United States Federal Reserve (Fed): With this in mind, he added that:...

In the program, Binance P2P traders referred to as merchants will be able to earn rewards of up to $10,000 by referring more Rupee merchants to Binance’s P2P trading platform. Financial benefits for pioneers include 25 BUSD for each successful referral that meets the conditions for referral and 2,500 BUSD bonus for 300 successful merchant referrals. Non-financial benefits include speaking opportunities in Finance P2P AMAs, webinars and events, VIP level upgrades after 10 successful merchant referrals, and a Merchant Pioneer badge....

Data from Ethereum block explorer Etherscan reveals that Binance received 981,148.15 ETH (~ $1.88 billion) in a week. The exchange also came out as the top Ethereum sender with 1,085,563.39 ETH (~ $2.08 billion) sent in the last 7 days. This makes Binance exchange with the highest transaction volume overall for Ethereum over the last week. USDT driving volume Ethereum as the second-largest cryptocurrency by market cap is in high demand....

Bitcoin has recovered from a monthly low this week after testing the crucial $29k support level on Tuesday, in particular, the recent recovery appears to have been boosted by comments from Elon Musk on Wednesday that SpaceX has invested in Bitcoin. At press time, the flagship currency’s market dominance currently stands at 45.87%, increasing 0.13% over the day. Overall, BTC now has a market cap of $633.62 billion, a 4....

As it happens, Bitcoin bulls have achieved somewhat of an upside technical momentum and are creating a renewed price uptrend on the daily bar chart, along with pushing just above key resistance at the 50-day moving average (MA), as observed by Kitco News analyst Jim Wyckoff on January 11. According to Wyckoff’s chart analysis, the current support level for the flagship decentralized finance (DeFi) asset stands at around $16,000, whereas it needs to overtake the resistance at the key level of $18,285 to maintain the upward trend....

Some analysts predict that cryptocurrency values will stabilize, albeit with altcoins such as Solana (SOL) and Cardano (ADA) continuing to thrive on Thursday. Bitcoin’s price is $44,468 at the time of publishing, down 1.50% in the previous 24 hours and 1.87% in the last week, with a market dominance of 43.8%, according to CoinMarketCap statistics. As of August 5, Bitcoin reached the important $40,000 barrier, which was essential for the digital asset to remain above this crucial level of support that it has held for more than two weeks now....

Indeed, a favorable price rise in Bitcoin has been seen recently, after a faltering start at the beginning of last week. Compared to its Friday morning values, the cryptocurrency has gained more than 9%, regaining its previous high of $47,000. ​​Currently, the flagship digital asset is trading at $47,762, down 0.23% on the day but up 9.08% in the last seven days, according to CoinMarketCap.com data. Despite the regulatory tightening that took effect in China earlier last week, the cryptocurrency continues to thrive....

Moreover, the most popular cryptocurrency in the world has had a rough few weeks, dealing with stock market turmoil and disasters surrounding Terra (LUNA) and their stable coin UST, which all contributed to crypto market volatility. In short, among more than 19,000 various cryptocurrencies, BTC dominance now stands at 44% of the entire $1.36 trillion crypto sector. Yet, this is ‘only’ enough to make Bitcoin the 10th most valuable asset....

Interestingly, according to the historical data acquired by Finbold, the past three Halloweens have seen a year-on-year (YoY) increase in BTC price, however with Bitcoin currently trading slightly above $19,000, it would be a long shot to suggest that the digital asset could surge for the fourth year in a row, but spookier things have happened. Notably, 28,488 respondents from the CoinMarketCap community bet the BTC price prediction for Halloween 2022 at $21,248, a significant rise from its current price but a -65....

As it happens, 50% of Bitcoin holders are at a loss right now, which means that the market could be getting closer to the bottom, as observed by eth_whalehunter, an analyst at the crypto analytics platform CryptoQuant, on October 11. Analyzing Bitcoin’s accumulation behavior during the crash of March 2020, the expert said that the loss percentage between 40% and 50% is a “good accumulation range,” but between 50% and 60% is actually even better for the long run: Addressing the comments under CryptoQuant’s tweet of the analysis that suggests the Bitcoin loss percentage could go even higher, eth_whalehunter assured that “the highest BTC loss percentage in 2018 and 2019 was 60%,” adding that:...

The learning will focus on decentralized storage, technologies behind Web3, and the next generation of the internet while capitalizing on the crypto sector’s growth, Filecoin Foundation said in a press statement on September 7. Under the program, the institution’s new Filecoin Foundation Blockchain Academy Lab will host meetups and training seminars to cater to the growing interest in cryptocurrencies at a higher education level. Enquiries from government officials The education program has already outlined key beneficiaries, including government officials and professors....

Despite its recent poor performance, Nio is still up +$0.57 (6.03%) in the past month, with a number of analysts projecting that its price can even double over the next 12 months. Notably, Deutsche Bank research analyst Edison Yu maintained a Buy rating on the stock, boosting the price boosted the price target for Nio from $20 to $21 owing to its strong branding, unique ecosystem, and new product portfolio....

The decentralization was announced by IOHK, the blockchain research and development firm behind Cardano which indicated that the process has been gradual and lasted for seven months. According to IOHK Product Director Aparna Jue, the gradual process allowed developers to monitor and optimize the network. At the moment, the network’s 2,200 community pools will be responsible for producing blocks of data on the blockchain. Focus on governance and network IOHK outlines Cardano’s decentralization process as three main pillars, including block production, networking, and governance....

Specifically, the two major stablecoins have joined the Cardano network via the decentralized crypto exchange (DEX) WingRiders, according to the blockchain’s founder Charles Hoskinson who tweeted the announcement on April 12. To make this happen, WingRiders has enlisted the help of the Layer 2 Protocol on the mainnet, Milkomeda Foundation, stating on its Twitter page: Leveraging the Milkomeda Bridge sidechain and its Ethereum Virtual Machine (EVM), users will be able to trade USDT and USDC on Cardano for the first time, allowing them to benefit from the stablecoins’ touted role as the safe-haven asset against market volatility....