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thumbnail favicon —  3+ hour, 53+ min ago

This Week's Earnings Losers: Coinbase, Peloton, Disney

...According to FactSet, 79% of the S&P 500 companies that have reported their latest results topped earnings estimates and 74% of S&P 500 companies have announced revenue surprises.As Ive discussed throughout this earnings season, earnings are working.... ...Coinbase Global, Inc. (NASDAQ:COIN), The Walt Disney Company (NYSE:DIS) and Peloton Interactive, Inc. For todays Market360, lets take a closer look at their numbers and Ill share a way to tell if these stocks were good buys before earnings.Coinbase Global, Inc....

thumbnail favicon —  1+ hour, 27+ min ago

What is Proof-of-Stake? And Why Are So Many Crypto Projects Turning to It? > news

...And while some cryptocurrencies, like Solana (SOL) and Mushe (XMU), use a fairly minimal amount of electricity, some cryptocurrency practices indeed use huge amounts of electricity. Bitcoin (BTC) mining, for example, has been estimated to use 0.5% of yearly electricity consumption.... ...This may seem like a very small fraction, but when considering that this is more electricity output than the country of Finland or the entirety of Google in a year, these accusations begin to make much more sense. But what sets Solana (SOL) and Mushe (XMU) apart from Bitcoin (BTC)?...

thumbnail favicon —  7+ hour, 8+ min ago

First Mover Asia: Metaverse ETFs are underperforming gaming ETFs; Cryptos return to the red > cryptocurrencies > news

...Prices Bitcoin (BTC):$29,982 -3.4% Ether (ETH):$2,030 -4.7% Biggest Gainers There are no gainers in CoinDesk 20 today.... ..."As far as the last 24 hours, we've seen a consolidation from six to eight weeks of sell-off," 3iQ Digital Asset's Head of Research Mark Connors told CoinDesk....

thumbnail favicon —  3+ hour, 26+ min ago

Bitcoin ($BTC) and Ethereum ($ETH) Will Outperform Equities Markets, Says Bloomberg Strategist > latest

...During an interview with Yahoo Finance, McGlone first noted that he believes Bitcoin will be seeing more "responsive buying below the market" as the "asset that went up the most in the last 5-10 years is going to come back as the Fed [Federal Reserve] hammers down.".... ...McGlone noted that cryptoassets are among the riskier investments and that as the Federal Reserve raises interest rates a purge of more speculative assets "like the dog coins and the Shiba Inus," started occurring....

thumbnail favicon —  22+ min ago

Amidst the Mounting Risks to Bridge Security, A New Non-custodial Liquidity Bridge Focuses on Decentralization > news > Company

...Currently, the Ronin chain consists of nine validator nodes, and the hacker managed to get access to four of them and a third-party validator run by Axie DAO.... ...In response to the hack, Axie Infinity co-founder and COO Aleksander Leonard Larsen said at the time that they would be adding several new validators to the Ronin Network to decentralize the network further....

thumbnail favicon —  5+ min ago

Cheaper Bitcoin: GBTC Discount Extends to 27%

thumbnail favicon —  2+ hour, 2+ min ago

SC to hear plea of Gyanvapi mosque committee against survey today > national

...The Supreme Court is scheduled to hear on Tuesday the plea of the management of Gyanvapi mosque against the survey of the Gyanvapi-Shringar Gauri complex in Varanasi in Uttar Pradesh.The apex court will hear the matter amidst an important development with a Varanasi court on Monday directed... ...Justice D Y Chandrachud, the bench, also comprising Justices J K Maheshwari and Hima Kohli had said in its order.Ahmadi, appearing for the mosque committee, had told the bench that a plea had been filed against the survey being conducted at the site and had sought an urgent interim order...

thumbnail favicon —  13+ hour, 11+ min ago

Bitcoin Group SE pays a dividend for the first time since its IPO > quote > stock > news

...The Management Board and the Supervisory Board of Bitcoin Group SE (ISIN DE000A1TNV91) have decided in their Supervisory Board Meeting today to propose to the Annual General Meeting, which will take place on 1 July 2022, the payment of a dividend for the financial year 2021 of EUR 0.10 per... ...This corresponds to a total distribution of EUR 0.5 million. Bitcoin Group SE's Annual Report 2021 is expected to be published tomorrow, Tuesday...

thumbnail favicon —  1+ hour, 12+ min ago

Ethereum owners have lost cryptocurrency worth $1.6 billion since its presale > cryptocurrency > news > articleshow

...According to new research from, the largest of these lost wallets holds over $60 million worth of Ethereum. Ethereum is currently priced at about $2,000 amid the current crypto mayhem.... ...Following weeks of speculation, Vitalik Buterin, the Ethereum founder, had announced the sale. He informed potential investors that Ether (his company's transactional token) would be available in the presale at a discount price of 2,000 Ether (ETH) per Bitcoin (BTC)....

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