Tesla shifts gear with $11.9bn revenue despite Bitcoin investment losses July 27, 2021 Elon Musk’s electric carmaker Tesla has edged past analyst forecasts with an $11.9bn revenue in its second-quarter trading, up 98 per cent year on year. Tesla also pulled in $1.1bn in net profits in the 12 weeks to 26 July, the first time it has topped $1bn in a single quarter. While the revenues are [...]
Visa and PayPal give Bitcoin a boost March 30, 2021 Plans by finance giants Visa and PayPal to set foot in the cryptocurrency market have given cryptocurrency markets a shot in the arm.
Bitcoin will still break all-time high this year, says deVere chief July 22, 2021 Bitcoin will hit its previous all-time highs again by the end of the year, claims the CEO of deVere Group.
Building Blocks: decoding crypto jargon:10 must-know terms April 8, 2024 The world of cryptocurrencies can be daunting for newcomers, with its own unique jargon and technical terms. To help you, we've put together a list of 10 essential crypto terms that every enthusiast should know.
Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets July 31, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Sygnum Bank has announced its first-half profit for 2024, driven by a substantial increase in crypto trading volumes. The bank, which holds $4.5 billion in client assets, attributed this [...]
BlackRock chooses Ethereum for their tokenised investment fund March 21, 2024 Tuesday was another record day for the Bitcoin ETFs. This time, it was a new record in terms of outflows, with $326 million leaving the Bitcoin invested funds. Not even BlackRock's IBIT could save the day with inflows of only $75 million. But, even with the market cratering, it wasn’t all bad news. BlackRock’s SEC filing of their USD Institutional Digital Liquidity Fund to invest in tokenised assets was a reminder how much more money can potentially flow into crypto.
ECB day and trouble in travel while Bitcoin is oversold April 22, 2021 European futures are trading higher as traders pick up momentum from Wall Street, where we saw the Dow Jones index posting some strong gains. It seems like traders are taking every retracement in the stock market as an opportunity to jump back in or double down on their riskier bets, and this is pushing the [...]
Cryptocurrency lands on the London Stock Exchange May 28, 2024 A series of product providers have received approval to launch crypto products on the London Stock Exchange.
UK police seize £300m in Bitcoin but is only tiny fraction of crime-linked crypto wallets: ‘Criminals see huge returns from jail’ January 6, 2022 Police across the UK have seized bitcoin and other cryptocurrencies valued at almost a third of a billion pounds during multiple criminal investigations. A Freedom of information (FOI) request made by the New Scientist publication shows that 12 of the UK’s 48 police forces in Britain confiscated cryptocurrency in the past five years, totalling more [...]
Elon’s Bitcoin ‘energy concerns’ cause havoc, but are they all they seem? May 13, 2021 Elon Musk's meddling in the price of cryptocurrency took another twist last night as the Tesla boss announced a backtrack on accepting Bitcoin.