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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Venture capitalist Tim Draper revised his bitcoin price prediction, extending the time frame for the cryptocurrency to reach $250,000 to June 2025. Prominent venture capitalist, Tim Draper, has once again revised his bitcoin price forecast. Originally predicting
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DocuSign has given a strong guidance for the second fiscal quarter anticipating revenue of $675 million to $679 million. On Thursday, June 8, e-signature provider DocuSign (NASDAQ: DOCU) reported strong earnings beating revenue estimates for the fiscal quarter ending April 30 (Q1 2024). In the aftermarket hours on Thursday, the company’s
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Just a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that it is entitled to nothing.According to a June 2 court filing in a New York Bankruptcy Court, FTX has raised an objection to Genesis’
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The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More Electricity Than Russian Farmers Miners extracting digital
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The miner reiterates its hashrate guidance of 12.8 EH/s Source
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U.S. crypto exchange Coinbase posted trading volumes of $TK billion. Source
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The company also said permission for its operations to continue at its New York facility has been delayed again. Source
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Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw it. Estimated 12% of
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Non-GAAP (generally accepted accounting principles) income excludes the impact of depreciation and amortization of fixed assets, impairment losses on mined cryptocurrency, server maintenance contract amortization and stock compensation expense. The metric includes the change in fair value of the Marathon Digital’s investment fund, which purchased 4,812.66 BTC for about $150
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