Cryptocurrency Analysis and News Portal
The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed for cryptocurrencies. The Department concluded this in an appearance before the Senate in Australia last Friday. However, the Australian Department also stated that, if implemented,
Read More
The high jump in new registrations is on 45% increase, equivalent to 70 million compared to the previous year. The BSE stock exchange revealed this information was in their data. There had been an increasing number of users, mostly young investors in remote locations across India last year. According to the
Read More
Major publicly-listed Bitcoin mining firm, Riot Blockchain, has reported record revenues for Q2 2021.In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month period — up roughly 1,540% from its Q2 2020 revenue of $1.9 million.The surging mining revenues drove a
Read More
Over the course of 2020 and 2021, the cryptocurrency industry has attracted a notable amount of mainstream attention. In line with the growing awareness of the crypto industry, Intel, a tech company with history dating back to the 1960s, revealed an investment in crypto exchange Coinbase (COIN). Although a number of
Read More
Xiaomi has denied its involvement in the bitcoin (BTC) adoption push of its Portuguese retail partner Mi Store Portugal, barely 24 hours after the latter announced that its customers can now purchase Xiaomi devices with bitcoin and five other cryptocurrencies. Xiaomi Ahead of the Curve On August 5, 2021, reports emerged that
Read More
Roku reported revenue of $645 million during the second quarter against an estimate of $618 million according to wall Street analysts.Roku Inc (NASDAQ: ROKU) stock dropped over 8.88% in Wednesday’s after-hours trading session to trade around $382.99. The streaming platform provider reported its second-quarter earnings results that beat analysts’ expectations.
Read More
In Q2, Cash App made $546 million in Bitcoin services. The company’s gross profit rose to $55 million even with a $45 million impairment loss.Square’s (NYSE: SQ) Cash App has announced a Bitcoin revenue increase of 200% for the second quarter year on year (YoY). The company posted a $546
Read More