Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.
Block’s Q4 Bitcoin revenue down 7% on crypto price decline
After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class-action suit.
Argo Blockchain accused of misleading investors in class-action lawsuit
Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn’t be enough to solve its profitability woes.
Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
The exchanges are yet to finalize the potential merger, with WonderFi releasing a public statement in response to market speculation and a surging share price.
Crypto exchange WonderFi confirms merger talks with Coinsquare
An affidavit by the FTX founder revealed that Alameda funded the purchase of Robinhood shares, which were later used as collateral for Alameda to secure a loan ...
SBF borrowed $546M from Alameda to fund Robinhood share purchase
BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement.
BlockFi sues FTX’s Bankman-Fried over shares in Robinhood
Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF.
Valkyrie Funds to liquidate Bitcoin-related ETF by late October