GameStop just dropped a mixed set of numbers in its latest earnings report on Tuesday, where Q4 net sales came in at $1.104 billion, down from $1.283 billion a year earlier.Even with that drop, net income still landed at $127.9 million, just under the $131.3 million reported in the prior-year quarter. GameStop also published its
Global giant BlackRock has made important statements regarding which cryptocurrencies are attracting the attention of institutional investors. Robert Mitchnick, head of digital assets at BlackRock, said that institutional investors are increasingly focusing on Bitcoin ($BTC) and Ethereum ($ETH). Speaking at the Digital Asset Summit in New York, Robert Mitchnick stated that institutional investors have recently
On Friday, bitcoin $BTC$71,039.44 options or derivative contracts worth billions will expire on crypto exchange Deribit. Traders might want to note that the dynamics of the expiry are such that $BTC’s market price could be lifted toward a very specific point: $75,000. Deribit, the world’s largest crypto options exchange, will settle bitcoin options contracts worth
The net outflow of Bitcoin from exchanges over the past month suggests that investors have started to accumulate the cryptocurrency, says a CryptoQuant analyst. March has been largely dominated by Bitcoin ($BTC) outflows from crypto exchanges, aside from one spike in inflows just before the asset tapped a six-week high of $76,000 on March 17,
Crypto asset manager 21shares sees actively managed exchange-traded products as the next phase of crypto investing, as the market matures beyond simple price-tracking funds. Duncan Moir, president of 21shares, told Cointelegraph in an exclusive interview that because crypto is a nascent and growing asset class, it is particularly well suited to active management. He said
Euroclear, one of the world’s leading financial market infrastructure providers with €40.7 trillion in assets under custody, has partnered with Chainlink to address the corporate actions problem. Corporate actions, the processes by which companies distribute dividends, execute stock splits, manage rights issues, and handle other ownership-affecting events, cost the global financial system more than $58
Noos protocol, a decentralized infrastructure for the Artificial General Intelligence (AGI) era, has disclosed its strategic partnership with MarsCat Global, a privacy-first, serverless peer-to-peer (P2P) decentralized communication network and Web3 application engine. The primary objective of this integration is to ensure secure and privacy-first Artificial Intelligence (AI) agents operate autonomously on Web3. 🚀 Noos ×
Bitcoin Depot has replaced its CEO less than three months after a planned handoff, turning to former MoneyGram chief Alex Holmes as pressure builds on its crypto ATM business. Scott Buchanan has resigned as CEO and as a director, according to an SEC filing on Tuesday. Buchanan had held various senior leadership roles at Bitcoin