Cryptocurrency Analysis and News Portal
In Q1, the net income of Walmart was $2.73 billion. This increased the earnings per share by 97 cents.The retail giant Walmart Inc (NYSE: WMT) reported its earnings for Q1 which surpassed estimates. If the results are anything to go with, the company has a bright outlook for the year
Read More
Notably, during the first quarter, Coinbase recorded a net profit of over $771 million, more than fourfold of what the company reported during the fourth quarter.Coinbase Global Inc (NASDAQ: COIN) stock was up over 6% in today’s pre-market to trade around $282.30. However, COIN stock closed yesterday trading at $265.10,
Read More
E-commerce giant Amazon reported stellar numbers in sales led by the pandemic-struck demand in online shopping. The company also reported a strong surge in its cloud computing business and Amazon Prime Video demand. On Thursday, April 29, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) reported stellar numbers for its
Read More
According to the Q1 earnings report, 70% of Verizon’s revenue came from wireless business. Verizon Communications Inc (NYSE: VZ) stock tweaked a bit during Wednesday’s pre-market but traded around yesterday’s close, $58.39. At the time of writing, at the trading session, VZ is 0.41% down, at
Read More
During the first three months of 2021, Johnson & Johnson reported revenue of $22.32 billion versus $21.98 billion expected by analysts. Healthcare company Johnson & Johnson (NYSE: JNJ) stock has jumped over 2.5% on Tuesday, April 20, 2020, as of 11:00 a.m EDT to trade around
Read More
Binance Coin (BNB) saw its 15th burn to date on Friday. According to on-chain data, Binance burned nearly $600 million worth of BNB tokens. Historically, Binance has burned around 20% of the exchange’s profits. But in the last burn, Binance burned much more than 20%, and the exact percentage of
Read More
Stellar Development Foundation (SDF) has issued its Q1 report. In an official post, the SDF reiterated the importance of its main strategic pillar around Stellar’s blockchain: usability, trust, adoption, and sustainable use cases. In the past months, Stellar’s ecosystem has started growing on top of this vision according to the SDF.
Read More
Moreover, Robinhood said that its team had expanded more than three times since 2021 began.Stock brokerage Robinhood Markets Inc said customers who traded crypto on the platform grew from 1.7 million in 2020 Q4 to 9.5 million in 2021 Q1. The online brokerage app announced the massive growth in a blog post published on
Read More
Within a week of its IPO, Bitcoin and crypto exchange Coinbase has generated great hype. Its earnings report for Q1 2021 could have an impact that will be felt throughout the crypto market. Coinbase Will go public on April 14th, after some controversy. The exchange’s estimated valuation sits at $100 billion
Read More
OKCoin is the latest crypto exchange to support Bitcoin’s Lightning Network.Per details shared with CryptoX, the exchange is in the final phases of integrating the secondary scaling network. It should be live within 3-4 weeks, OKCoin’s team told CryptoX.“We have been a bitcoin exchange since 2013 and while we are
Read More