eToro’s Crypto Trading Commissions Soar to $264M in Q2

Crypto trading commissions increased from just 7% of total commissions a year ago to 73% in the second quarter of this year.

Business  ·  25 August 2021

Riot Blockchain Reports Record Q2 Results

The bitcoin mining company reported revenue and sales results that beat analyst estimates for the second quarter.

Business  ·  23 August 2021

Nvidia Q2 Revenue Rises 68%, but Crypto-Related Earnings Fall Short of Expectations

The company generated $266 million in revenue from its crypto mining cards, more than $130 million below its forecast earlier this year.

News  ·  19 August 2021
Bitcoin Mining

Marathon Digital Shares Rise as Q2 Earnings Beat Estimates

The bitcoin miner's stock has more than tripled this year.

Business  ·  13 August 2021

Research Firm Says Coinbase ‘Overvalued’ as Competition Heats Up

On firm says Coinbase investors should be wary, predicting the crypto exchange won't maintain "blowout earnings" in the future.

News  ·  11 August 2021

Coinbase’s Second-Quarter Earnings Report: Here’s What You Need to Know

Investors will be watching to see how much Coinbase has earned on the strong retail trading volumes experienced in Q2.

Business  ·  10 August 2021

AMC to Accept Bitcoin for Tickets and Concessions Later This Year

America’s largest theater chain is leaning into crypto but did not specify what technology it would use to accept payments.

Business  ·  9 August 2021
Bitcoin Mining

Argo Blockchain First-Half Revenue Surges on Bitcoin Production, Price

The company also canceled an $8 million order for mining machines from ePIC Blockchain Technologies.

Business  ·  9 August 2021

CoinShares Earnings Surge in First Half

Comprehensive income, a profit measure that includes the change in the value of digital assets, climbed more than fivefold.

Business  ·  5 August 2021

Square’s Cash App Q2 Bitcoin Revenue Rose 200%, Takes $45M Bitcoin Impairment Loss

Cash App's bitcoin gross profit rose to $55 million, Square said in its second-quarter letter to shareholders.

News  ·  1 August 2021

MicroStrategy Plans to Continue Amassing Bitcoin

The Virginia-based company now holds more than 105,000 bitcoins.

News  ·  29 July 2021

PayPal Q2 Transaction Revenue Rose 17%; Earnings Top Estimates

The payments giant added 11.4 million new accounts in the period, down from 23.3 million in the year-earlier quarter.

News  ·  28 July 2021

Monex Nets $100M First-Quarter Profit Driven by Crypto Trading

Coincheck, one of Japan's largest crypto exchanges, banked its parent 9 billion yen (US$82 million).

News  ·  28 July 2021
Crypto mining

Canaan Forecasts Second-Quarter Revenue as High as $250M

The mining equipment maker said total shipments for the second quarter would either maintain or surpass Q1 2021.

Business  ·  2 June 2021

CoinShares First-Quarter Earnings More Than Quadruple

The Nasdaq-listed digital asset manager reported a year-on-year increase in comprehensive income of $34.9 million.

News  ·  24 May 2021