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The Toronto-based company's loss widened to C$53.6 million ($39 million) from C$23.8 million, while sales slumped to C$17 million from $31.7 million in the year-earlier period, according to a statement on its website. The number of bitcoin mined in the quarter tumbled to 330 from 982. Original Source
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Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million. Source
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ARK offloaded 201,047 GBTC shares from its Next Generation Internet ETF (ARKW), according to an emailed update. The shares were valued $6.03 million based on Friday's closing price. GBTC remains the largest holding of ARKW, with a weighting of 9.97% worth about $132 million. Original Source
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The flagship cryptocurrency, Bitcoin, is up by over 100% year-to-date (YTD). Despite these impressive gains, there is still reason to believe that
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Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products. MicroStrategy Inc (NASDAQ: MSTR), the software firm led by Executive Chairman Michael Saylor, has seen its shares surge by an astounding 246% in 2023. Saylor attributes this success to Bitcoin (BTC), which has not only
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The approved plan allows Celsius to distribute approximately $2 billion worth of Bitcoin (BTC) and Ethereum (ETH) and some shares of the new company to users who were unable to withdraw their funds The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of
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COIN shares immediately saw a surge in trading activity leading to a 5.14% increase in their stock price. Coinbase Global Inc (NASDAQ: COIN) shares as well as tokens of some Ether (ETH) liquid staking platforms are reacting to reports that giant asset manager BlackRock has filed for a spot ether exchange-traded
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ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares for about $9.5 million in one day, according to a trade
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The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets. Source
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Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares. Microsoft Corporation (NASDAQ: MSFT), a global technology powerhouse, witnessed a remarkable surge in its share price, achieving unprecedented heights for the first time since 2021. On November 7, the company’s shares ended the trading
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