Marathon Digital Holdings, Inc. (NASDAQ:MARA), one of the leading bitcoin mining companies, experienced a slight downturn in its stock price, dropping about 1.5% in after-hours trading on Thursday. This decline came in response to the company’s failure to meet revenue expectations for the first quarter, primarily due to several operational challenges. During the first three…
Dogecoin (DOGE), the leading meme cryptocurrency by market capitalization, is showing signs of entering another bullish phase reminiscent of its spectacular rise in early 2021. According to CoinDesk, Dogecoin’s market cap currently stands at approximately $22 billion, with a remarkable year-to-date price increase of over 70%, significantly outstripping Bitcoin’s (BTC) near 50% gain. A critical…
Exodus, a leading developer of cryptocurrency wallets, has secured approval for listing its common stock on the NYSE American exchange, marking a significant milestone for the company. The stock, identified by the ticker symbol EXOD, is slated to commence trading on May 9. JP Richardson, CEO and Co-founder of Exodus, expressed enthusiasm about the listing,…
As the crypto market experienced a bearish correction, experts forecasted a subsequent bullish phase. Now, with the market correction underway, leading asset Bitcoin has surpassed $63,000, signaling a resurgence in momentum for other coins. Among these coins, Bitgert exchange has stood out, demonstrating resilience during bearish phases and steadily gaining traction. Leveraging its layer 1…
Coinbase announced a remarkable first quarter, with revenue reaching $1.6 billion, marking a substantial 72% increase from the previous quarter and a significant rise from $736 million in the same period last year. The company also reported a notable swing in net income, posting $1.18 billion for the quarter compared to a loss of $79…
As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier…
Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because…
It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what British insurer Legal & General did. Yesterday, Legal & General, a multinational British insurer, announced that it’ll be working with Amazon to develop a blockchain system. Here’s everything we know. Legal…
According to French financial publication Les Échos, software giant Ubisoft is exploring potential blockchain applications in gaming. The move to blockchain is said to give the gaming firm a competitive edge in the gaming world. Ubisoft Blockchain Applications in Gaming Ubisoft has allegedly been exploring blockchain applications for months under the radar. And now it has…
In April, cryptocurrency exchange Coinbase launched its Visa Coinbase debit card in the UK. Coinbase has announced that, as of Wednesday, it will be launching the Visa debit card in France, Spain, Germany, the Netherlands, Italy, and Ireland. Coinbase Debit Card Showing Strong Adoption The debit card allows Coinbase account holders to use digital currencies…
