zkSync Era has outperformed market leaders like Optimism and Arbitrum in daily unique addresses for five consecutive months.
Coinbase suspends staking services in Maryland
Coinbase has discontinued access to its staking services in the U.S. state of Maryland, according to an email sent to affected users on Nov. 2. In a copy of the email shared by TheCryptoTengu.eth, Coinbase said that affected users could no longer stake additional funds effective immediately. The crypto exchange also said that it will […]
Michael Saylor: ‘Unprecedented’ Demand Is Set to 10X Bitcoin
MicroStrategy co-founder and Executive Chairman Michael Saylor doubled down on his enthusiasm for Bitcoin on Thursday, telling CNBC that he believes the cryptocurrency is soon going to experience a price boost previously unheard of in modern financial history. Saylor’s confidence in the coin stems from the confluence of a number of Bitcoin-related events that are […]
Michael Saylor: ‘Unprecedented’ Demand Is Set to 10X Bitcoin
MicroStrategy co-founder Michael Saylor believes the next year will be the biggest ever not just for Bitcoin, but for any financial offering.
Solana Price’s 70% Rally Persuades Detractor, Arthur Hayes Makes Confession
Supported by a spike in volatility, the Solana price has skyrocketed from its yearly lows into a new high. The bullish momentum left some players in disbelief, while others capitulated to the price action and tried to capture some of the profits. As of this writing, SOL trades at $40 with sideways movement in the […]
Massive Bitcoin Powerplay: Northern Data’s €575M Boost Stuns Market
Northern Data, Europe’s largest Bitcoin mining company, has made a groundbreaking move in the world of cryptocurrency with a massive injection of 575 million euros in debt financing from Tether. This strategic investment will fuel Northern Data’s mission to expand its artificial intelligence cloud business by acquiring advanced hardware and bolstering its operations. This impressive […]
Coinbase Q3 revenue falls 5% to $674 million, but still beats expectations
Coinbase has released its shareholder letter for the third quarter of 2023, ending September 30th. Total revenue was $674 million, down 5% from last quarter. Net revenue was $623 million, down 6% sequentially. The company posted a small net loss of $2 million and generated positive Adjusted EBITDA of $181 million for the third consecutive […]
Bitcoin Miner Northern Data Secures $609 Million Debt Financing Facility from Tether
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to […]
Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement.
Coinbase Reports $2.2 Million Q3 Loss, Beats Wall Street Predictions Third Time This Year
Cryptocurrency exchange Coinbase reported a third-quarter loss of $2.2 million on Thursday, and shares fell during after-hours trading as the firm posted better-than-expected financial results for the third time this year. On a per-share basis, the exchange lost $0.01 on $674 million in revenue, while analysts expected a loss of $0.70 on $670 million in […]