Cryptocurrency Analysis and News Portal
Bitcoin (BTC) bought on exchanges every year since 2017 is now on average in profit, the latest data confirms.Compiled by on-chain analytics firm Glassnode, exchange withdrawal figures confirm that at $37,000, a user’s purchase is on aggregate “in the black.”Bitcoin exchange users claw back bear market lossesBitcoin returned multiple investor
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Bitcoin (BTC) bull market “FOMO” has yet to appear despite BTC price being up 120% this year.Data from the statistics platform Look Into Bitcoin shows that on-chain transactions are only starting to involve “younger” Bitcoin.Bitcoin bull market analysis: “We’re still early”Bitcoin remains near 18-month highs and well beyond its bear
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Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday. Source
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Others, like Gnosis, a top-five DAO by assets under management (AUM), pursue growth strategies no matter the market. In bears, this tends to mean weighting their treasuries towards safer tokens like ETH and its liquid derivatives, but in bulls they often branch out to choppier altcoins. Source
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Bitcoin (BTC) has more wallet addresses in profit than ever before despite BTC’s price being 50% below all-time highs.The latest data from on-chain analytics firm Glassnode shows a record number of addresses “in the black.”$34,000 BTC price returns over 80% of Bitcoin addresses to profitBitcoin may be nearing 18-month highs,
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MicroStrategy's Bitcoin (BTC) holdings have turned profitable for the first time since July this year as the BTC price has broken through above $30,000.MicroStrategy up $132M in paper profitsAs of Oct. 23, MicroStrategy held 158,245 BTC worth $4.847 billion, up about $132 million from the original amount invested — at an
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TMSC saw their quarterly profits plunge the highest since 2019. However, the company says that the the PC and smartphone market concerns are abating and chip demand is rising again. On Thursday, October 19, the Taiwan Semiconductor Manufacturing Company (TSMC) reported its Q3 2023 numbers with profit standing at 211
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ASML is taking a conservative view of 2024, with revenue projections similar to 2023. ASML Holding NV (NASDAQ: ASML), one of the world’s leading semiconductor firms has reported a significant year-on-year rise in profit for the third quarter of 2023, exceeding analyst expectations. However, the company forecasts that its revenue in
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Bank of America, once expected to be a major beneficiary of rising interest rates, has faced unexpected challenges in 2023. In a recent earnings report, Bank of America Corp (NYSE: BAC) showcased its resilience and financial strength, surpassing analysts’ expectations for the third quarter of the year (Q3 2023). Exceeding Earnings Expectations The
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Despite these financial challenges, Google, which acquired DeepMind in 2014, has committed to extending financial support to the company for at least another 12 months from September 28. DeepMind, Alphabet Inc‘s (NASDAQ: GOOGL) division responsible for developing general-purpose artificial intelligence (AI) technology, reduced employee expenses by 39% last year within its cost-cutting
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