Coinbase reported a $667 million loss in the fourth quarter as revenue declined roughly 20% from a year earlier, missing analyst expectations. The exchange generated approximately $1.8 billion in revenue during the quarter, below Wall Street forecasts. Non-GAAP earnings came in at $0.66 per share, more than 30% under consensus estimates. The earnings miss comes
The leading cryptocurrency, Bitcoin ($BTC), has fallen again after recovering to $70,000. Bitcoin is trading around $67,000, while Ethereum (ETH) is trading around $1,960, as US January inflation data was released. While volatility in $BTC continues, the whole world is focused on US inflation figures. Here are the US inflation figures that have been released:
On a recent CNBC interview, Michael Saylor casually mentioned that if bitcoin ($BTC) fell 90%, he would easily refinance his company’s debts. His company, Strategy (formerly MicroStrategy), owes creditors $8.2 billion. Skeptics, however, were unconvinced that Saylor would be able to accomplish that feat so easily. Although the company owns 714,644 $BTC worth $47.4 billion
Snowball Money has declared a strategic alliance with REI Network (GXChainGlobal) to incorporate identity infrastructure into the zero-fee blockchain ecosystem at REI. The partnership is meant to bring human-readable identities, on-chain reputation that is portable, and streamlined wallet interactions to the growing range of decentralized finance and games applications of REI. Partnership Announcement 🤝 We’re
Russian regulators intend to reconsider their currently conservative stance on fiat-pegged stablecoins and actually study the possibility of minting one this year. The statement, made by a top central bank executive, comes amid increasing pressure on a ruble-backed stablecoin issued in Kyrgyzstan and actively used by Russian entities to circumvent sanctions. Bank of Russia to
Story Highlights Charles Hoskinson reveals post quantum security plan for Cardano with Google and Microsoft research support. Hoskinson says Nightstream can replace zero knowledge systems without major changes to Cardano core network. Cardano Nightstream project targets quantum resistant encryption using fast lattice based cryptography systems for blockchain. Cardano founder Charles Hoskinson post quantum plans are
Abu Dhabi–based Venom Foundation has fully integrated the ChainConnect protocol to offer what it calls institutional-grade, intermediary-free cross-chain transactions. The integration enables atomic swaps between Threaded Virtual Machine (TVM)-compatible networks, including Venom itself, TON, Everscale and Hamster Network, and EVM chains, allowing tokens to move as single, indivisible operations that either complete in full or
The tokenized gold market has entered a powerful new phase of growth. Investors have pushed total market capitalization beyond $6 billion, marking one of the strongest expansions in digital asset history this year. The sector added nearly $2 billion year to date, signaling accelerating demand for blockchain based exposure to real world commodities. This surge
The cryptocurrency market turbulence that started in earnest in late January sent Bitcoin ($BTC) into a descending channel it has, with its February 13 press time price of $66,887, so far been unable to escape. Following the latest $BTC moves, a popular on-chain expert, Ali Martinez, explained in a Friday post on X that the
Harvard University has made a striking move in its investment strategy. The university’s endowment now holds a bigger position in Bitcoin ETFs than in any individual stock. Specifically, Harvard tripled its stake in the iShares Bitcoin Trust ($IBIT), making it the largest publicly disclosed U.S. equity holding for the endowment. 🏛️🚨 HARVARD HOLDS MORE $BTC