Cryptocurrency Analysis and News Portal
Binance burned about 2.13 million BNB coins during the last three months thus bringing the total coins removed from circulation to about 50.2 million units. Binance, a leading blockchain ecosystem with the largest centralized cryptocurrency exchange by Bitcoin’s daily traded volume and globally registered users, has announced the completion of the
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The burn mechanism is based on BNB's price and the number of blocks generated on the BNB Smart Chain (BSC) during the quarter. Source
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Bitcoin (BTC) fell to $27,000 at the end of September. This was the cryptocurrency’s first quarterly decline of the year, with its price being sensibly lower than three months ago. In July, Bitcoin hovered at about $31,000. This translates to a fall of nearly 13% over the second quarter of
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Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers. Source
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The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy. Software developer MicroStrategy Inc (NASDAQ: MSTR) is set to report its Bitcoin (BTC) holdings quarterly without recognizing impairment losses in case of crypto price declines during the reporting period. This
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Bitcoin (BTC) spiked through $31,000 on June 30 as a near $6 billion open interest expiry loomed.BTC/USD 1-hour chart. Source: TradingViewOptions expiry precedes day of BTC price triggersData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local highs of $31,268 on Bitstamp before returning lower.BTC price performance improved into
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Oracle stock market has rallied about 50 percent YTD to trade around $122.22 during Wednesday’s after-hours. Oracle Corporation (NYSE: ORCL) stock finally entered price discovery mode after trading below the ATH of the Dot-com bubble. Following the increased hype on generative artificial intelligence (AI), Oracle has found its cloud infrastructure in
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CoinShares maintains a cautious optimism going ahead amid a strong surge in the regulatory activity taking place in the crypto market. Popular crypto investment firm CoinShares recently published its first quarter earnings results for the year 2023 marking a strong turnaround in the company profits. Of course, this comes
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Cryptocurrency investment group CoinShares recently published its Q1 earnings report for 2023 amid what it’s calling a “return to profitability.” Highlights of the report include revenue in the amount of $11.73 million (down from $22.46 million in Q1 2022), total comprehensive income of $3.62 million (down from $25.83 million in Q1
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In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter. Source
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