News
In a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run.
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Report News
A report is a process of translating information via writing, giving a speech or any other audio or video representation into an approachable form. Reports are widely used in business, science, education and other fields of work. Blockchain industry reports are an essential part of the cryptocurrency industry. Those reports are made by both classic financial institutions, like banks and financial services, and by newly developed startups and tech companies. Blockchain reports mostly cover technical parts of blockchain inventions, new ways of implementation and promising ideas. Bitcoin reports also cover the financial performance of cryptocurrencies, issues and regulations of it. One of the most active corporate investors in blockchain, Goldman Sachs, also issued a blockchain report — a complex, professional and wholesome review of the technology.
- Research
CryptoKitties, CryptoPunks or Bored Ape Yacht Club, the numbers behind which collection won the hearts of collectors.
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Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion.
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As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713.
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Robinhood posted $51 million worth of transaction-based revenue from crypto in Q3, marking a 78% decrease compared to the previous quarter.
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The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate.
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Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000.
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“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America.
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While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows.
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Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products.
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According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions.
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Solana represented one-third of total inflows to institutional crypto investment products this past week.
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Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8-million loss as he emphasized the importance of digital asset adoption.
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Coinbase beat analyst estimates in Q2 after it generated $2.23 billion in revenue compared to estimates of $1.78 billion.
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AMC chairman and CEO Adam Aron revealed the American cinema giant is looking to accept Bitcoin payments for movie tickets in response to customer demand.
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