Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied JPMorgan predicts the ending of the recent crypto market selloff, forecasting limited downside and potential stability in the near term. The latest downturn in the cryptocurrency markets seems to be approaching a conclusion, according to a new
Read More
On August 14, Kevin Kelly, Co-founder of prominent crypto research firm Delphi Digital provided some interesting insights on Bitcoin and the crypto
Read More
Crypto mining firm Marathon Digital missed earnings and revenue expectations with its second-quarter 2023 results. Marathon's Q2 2023 results on Aug. 8 reported revenues of $81.8 million compared to Zacks Investment Research's estimate of $83.2 million.The crypto miner reported a earnings per share net loss of 13 cents compared to
Read More
Bitcoin (BTC) hit new intraday lows on April 21 as traders warned that $25,000 might come next.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $25,000 BTC price would be "absolutely fine"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to preserve $28,000 as support on Bitstamp.The pair looked “weak,” in the words
Read More
Ethereum’s long-anticipated Shanghai and Capella upgrades were activated on April 12, and the total withdrawals in the first 40 hours following stood at 142,425 Ether (ETH), per Nansen data. This falls in line with previous estimates. For a brief moment on April 12, when Shapella was activated, the deposits to ETH staking
Read More
Bitcoin rose/fell to $XX,XXX in the minutes following the report. Source
Read More
Crypto exchange Huobi Global has recorded a profit of $30 million in the first quarter of 2023. Justin Sun, Tron founder and Huobi Global advisor, expects profits to rise fourfold in Q2, following measures implemented to reduce costs and boost efficiency. Sun announced that the exchange generated $150 million in revenue
Read More
Data from earlier this week began to hint at some weakness in the labor market, with the ADP on Wednesday reporting just 145,000 private sector jobs added in March versus 210,000 expected. Then on Thursday, the Department of Labor reported weekly initial jobless claims of 228,000 against forecasts for just
Read More
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022. Although Nike Inc (NYSE: NKE) is still dealing with its bloated investor, which has continued to affect its China sales, the company squashed estimates in the fiscal Q3 2023. Nike released its fiscal
Read More
In addition to its shares falling, United Airlines also expects a “Q1 2023 average fuel price per gallon3 of between $3.31 and $3.41.” United Airlines Holdings Inc (NASDAQ: UAL) stock recently dropped 6% following the company’s bleak Q1 2023 results forecast. On Monday, the Chicago-based major American airline said it expects an
Read More