Cryptocurrency Analysis and News Portal
Identity crisis: Cofounder of doodles says it’s not an NFT projectOne of the co-founders of nonfungible token (NFT) project doodles says it is going to pivot away from being an “NFT project” to becoming a “leading media franchise.”In a March 18 post on the project’s Discord, one of the doodle’s
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In its Q4 2022 report, fintech Bakkt also revealed plans to tie up its acquisition of crypto exchange Apex Crypto. Bakkt (NYSE: BKKT) posted its Q4 2022 earnings, revealing a revenue haul of $15.6 million. Although this figure came in slightly below the consensus estimate of $16 million, it nonetheless represents a 14%
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In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from the facility to a site in Medicine Hat, Alberta. Pressed about progress by analysts
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Dell announced that Sweet would retire as the chief financial officer at the end of Q2 and be replaced by Yvonne McGill. Dell Technologies Inc (NYSE: DELL) announced its Q4 and full-year fiscal 2023 financial results on March 2. According to the earnings announcement, the American multinational technology company reported a
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Despite its less-than-impressive performance, HP gave a bullish forecast for the current quarter saying it expects its adjusted diluted earnings per share to be in the range of $0.40 to $0.50. American multinational tech giant and computer hardware manufacturer, HP Inc (NYSE: HPQ) has released its Q1 2023 results showing
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Alibaba saw a decline in the value of transactions on the online shopping platforms during the fiscal Q3. Chinese e-commerce company Alibaba Group (NYSE: BABA) crushed expectations in its fiscal Q3, which ended on December 31. The company recorded revenue of 247.76 yuan, equaling $35.92 billion. Meanwhile, analysts expected Alibaba
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Bitcoin price has gained nearly 50 percent YTD, significantly contributing to Coinbase shares rallying over 72 percent since the calendar flipped. Coinbase Global Inc (NASDAQ: COIN) announced its Q4 earnings and full-year 2022 results on February 21 which has affected its stock price. The American cryptocurrency exchange reported fourth-quarter revenue of
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Anthony Georgiades, co-founder of Pastel Network, says that the cryptocurrency exchange may be building trust with users and retailers because of its centralized nature, but cautioned that it may simultaneously face headwinds as it comes under the scope of regulatory scrutiny. Source
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Crypto exchange Coinbase (COIN) topped Q4 estimates Tuesday evening, but shares are sharply lower today alongside a sizable pullback in crypto. Source
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Automotive corporation Stellantis targets global BEV sales of 5 million by 2030 following its commendable full-year results. Stellantis recently posted its full-year 2022 earnings results, which showed a 26% rise in net profit to a record 16.8 billion euros, or $17.9 billion. The multinational automotive manufacturing corporation also experienced a 41%
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