Analysts expect Coinbase’s (COIN) earnings to take a hit in the second-quarter as trading volume slowed down from the prior months. Estimates collected by FactSet predict overall revenue dropped to $1.37 billion while earnings-per-share stood at $0.94. U.S. election shaping up to be an important catalyst for the stock, one…
What seemed impossible just three months ago is now a reality. The launch of the first-ever spot Ethereum exchange-traded funds has begun trading in the U.S. exchanges. Ethereum’s growing influence over traditional finance is evident as its flag symbolically flies over Wall Street, hinting at a significant shift in regulatory…
Former U.S. President Donald Trump plans to release a fourth NFT collection after the success of his previous three, which quickly sold out in a day. In a Tuesday’s Bloomberg Businessweek interview, Trump said people are asking for a fourth one, citing their “unbelievable spirit.” Trump Warns China Could Dominate…
Former US president and Republican presidential candidate Donald Trump said JP Morgan chairman CEO Jamie Dimon has “changed his tune” toward Bitcoin and crypto, adding that he is willing to appoint the executive as Secretary of the Treasury. Trump revealed the long-standing Bitcoin critic’s softening stance during an interview with…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Publicly traded Bitcoin miners are trading remarkably high compared to the value of the BTC they…
Bitcoin And Crypto Market To Rebound In a recent research report on Thursday, JP Morgan stated that the crypto liquidations should decrease this month and the market is expected to see a massive rebound from August onward. The bank has also reduced its year-to-date crypto net flow estimate from $12…
Hold onto your hats, tech enthusiasts, because Goldman Sachs has just thrown a curveball in the ongoing saga of generative AI. In their latest report, the investment powerhouse seems to have changed its phrasing from cautious optimism to a more skeptical outlook on the immediate benefits of AI investments. The…
Bitcoin price fell further below the $57,000 mark on Thursday night after defunct crypto exchange Mt Gox moved nearly 47,229 BTC ($2.71 billion) to another wallet address. The largest cryptocurrency fell 3.45% in the past 24 hours to trade at $56,851, according to The Block’s bitcoin price page. Around 8…
Over the past two weeks, bitcoin miners have received an influx of investor interest in response to the announcement that Core Scientific will host GPUs for artificial intelligence cloud provider CoreWeave, a JP Morgan report published Monday said. JP Morgan analysts Reginald L. Smith and Charles Pearce said the aggregate…
Bitcoin is a revolutionary concept—a decentralized, peer-to-peer electronic cash system, store of value, timestamping server, and event sequencer with a fixed supply directly tied to real-world energy consumption. Its core values of scarcity, transparency, and decentralization offer a stark contrast to the traditional financial system. However, the rise of Bitcoin…