MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports Q2 Earnings: Revenue Rises 78% Despite […] Source: https://news.bitcoin.com/mara-reports-q2-2024-earnings-revenue-surges-amid-rising-losses-and-hashrate-increase/
Month: August 2024
PlayDoge ICO Nears $6M as Retro-Style P2E Meme Coin Goes Viral
PlayDoge (PLAY), the latest meme coin sensation, is on the verge of hitting a major milestone. This retro-style project is nearing the $6 million mark in its limited-time presale. Both investors and gamers are eager to get in on the action – and the excitement around PlayDoge’s prospects is growing fast. PlayDoge Combines 90s Nostalgia […] Source: https://news.bitcoin.com/playdoge-ico-nears-6m-as-retro-style-p2e-meme-coin-goes-viral/
Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and the constant demand from central banks. Gold […] Source: https://news.bitcoin.com/gold-breaks-2500-per-ounce-reaching-historic-highs-powered-by-feds-decision-and-geopolitical-risks/
Trump made many promises to Bitcoiners — Can he keep them?
The Republican nominee for US president pledged to commute Ross Ulbricht’s sentence, fire SEC Chair Gary Gensler, and have all Bitcoin mined in the United States. Source: https://cointelegraph.com/news/donald-trump-promises-crypto-bitcoin-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
July NFT Sales Plummet for Second Consecutive Month
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second consecutive month […] Source: https://news.bitcoin.com/july-nft-sales-plummet-for-second-consecutive-month/
Hong Kong broker offers new customers deposit bonuses in Bitcoin
With the inclusion of Bitcoin rewards, Futu Securities aims to attract a new wave of investors. Source: https://cointelegraph.com/news/futu-hk-bitcoin-bonuses-august-promotion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
4 crypto price analysis platforms that can improve your trades
Crypto analytics platforms can vary widely depending on various factors, including price, investment focus and tracking abilities. Source: https://cointelegraph.com/news/crypto-price-analysis-platforms-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert
The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation. Source: https://cointelegraph.com/news/eu-mica-implementation-pivotal-moment-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ABS2024: Taipei Becomes Asia’s Hub for Pioneers of Web3 and AI
The Asia Blockchain Summit 2024 (ABS2024) will take place from August 6 to 8 at the Taipei Nangang Exhibition Center. ABS2024, powered by BlockTempo, combines multiple blockchain events, summits, and conferences into a three-day packed international technology movement. Joseph Gordon-Levitt, a two-time Primetime Emmy Award-winning actor, will also be speaking in person at ABS2024. The […] Source: https://news.bitcoin.com/abs2024-taipei-becomes-asias-hub-for-pioneers-of-web3-and-ai/
ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF. Source: https://cointelegraph.com/news/ark-dumps-coinbase-shares-q2-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound