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Block Releases Q1 2023 Report Showing Cash App Bitcoin Revenue Rise 18% from Q4 2022 to Over $2B

Block saw increased earnings on several fronts for Q1 2023 due to the success of its other businesses, including Cash App and Square.  Block (NASDAQ: SQ) announced its Q1 2023 earnings report, which showed $2.16 billion in Bitcoin (BTC) revenue realized from its Cash App service. Block reported in a shareholder letter that BTC revenue grew

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US SEC’s Gary Gensler Releases Another Video Dig at Cryptocurrency Industry

“The lack of compliance by these crypto platforms means that you don't have basic investor protections,” Gensler said in his “Office Hours” video series. “These are things like rulebooks and surveillance to prevent fraud and manipulation. Or appropriate custody and segregation of customer assets, so they don't get misused or

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McDonald’s Releases Q1 2023 Results that Beat Earnings & Revenue Estimates

Leading hamburger purveyor McDonald’s experienced earnings growth for Q1 2023 despite sporting a pricier menu.  McDonald’s Corporation (NYSE: MCD) has published its Q1 2023 earnings results which beat the consensus estimate. For the year’s first quarter, the fast food restaurant chain pulled in revenue of $5.9 billion versus the $5.59 billion expected

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Coca-Cola Releases Q1 2023 Results, Beats Estimates & Doubles Down on Yearly Outlook

According to its Q1 2023 report, beverage giant Coca-Cola realized revenue of $10.96 billion on higher product prices and increased demand. Coca-Cola (NYSE: KO) published a Q1 2023 earnings report that beat estimates, largely by benefitting from price increases and higher demand. For the first quarter of 2023, the beverage giant pulled in

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