Cryptonicorn

Ride the Crypto Wave

  • COINBASE REPORTED REVENUE OF $954 MILLION IN Q4 2023

    COINBASE REPORTED REVENUE OF $954 MILLION IN Q4 2023

    Cryptocurrency exchange Coinbase has released its financial report for the fourth quarter of 2023. Compared to the previous reporting period, the company’s revenues increased by 41% to $954 million. Our Q4’23 and full-year 2023 update is in. Read the full shareholder letter and tune into our earnings call: https://t.co/fod43YZKqw pic.twitter.com/DJ2NhFyfdU…

  • VALUE OF BITCOINS ON MICROSTRATEGY’S BALANCE SHEET REACHES $10 BILLION

    VALUE OF BITCOINS ON MICROSTRATEGY’S BALANCE SHEET REACHES $10 BILLION

    Technology giant MicroStrategy Inc. has $10 billion in bitcoin reserves, Bloomberg writes. The company has 190,000 BTC on its account. The Michael Saylor-founded firm reportedly has an unrealized profit of 70% on its bitcoin investments. On February 13, 2024, with the exchange rate of the first cryptocurrency at $50,000, it…

  • JPMORGAN CHASE UPGRADES COINBASE STOCK RATING AMID RATE HIKE

    JPMORGAN CHASE UPGRADES COINBASE STOCK RATING AMID RATE HIKE

    Bank JPMorgan Chase raised its rating on shares of the exchange Coinbase to “neutral” with a target price of $80. This is reported by CoinDesk with reference to the report of experts. The organization noted that they are not ready to recommend investments on this position, but should note the…

  • BITCOIN MINER PHOENIX GROUP REPORTED A RISE IN PROFITS AFTER IPO

    BITCOIN MINER PHOENIX GROUP REPORTED A RISE IN PROFITS AFTER IPO

    Mining company Phoenix Group has announced a 50% growth in profits for 2023. The public offering (IPO) on the Abu Dhabi Stock Exchange (ADX) played a determining role in the improved financial performance, the firm said. The Phoenix soars in 2023! ⬆ Phoenix published it’s earnings report boasting an increase…

  • U.S. AUTHORITIES DENIED THE VERSION ABOUT THE ACTIVE USE OF CRYPTO-ASSETS BY HAMAS

    U.S. AUTHORITIES DENIED THE VERSION ABOUT THE ACTIVE USE OF CRYPTO-ASSETS BY HAMAS

    Brian Nelson, US Treasury Undersecretary for Counterterrorism, denied the version about the significant role of crypto-assets in raising funds for the Hamas group. Cryptocurrency and terrorism In October 2023, the WSJ published an article that reported on multi-million dollar crypto donations for terrorists. It was claimed that Hamas militants had…

  • BINANCE LABS HAS SELECTED THREE PROJECTS TO PARTICIPATE IN THE INCUBATION PROGRAM

    BINANCE LABS HAS SELECTED THREE PROJECTS TO PARTICIPATE IN THE INCUBATION PROGRAM

    Venture capital organization Binance Labs has announced the first investments in the sixth season of its incubation program. According to the team’s announcement, three projects have received funding: Ethena Labs, NFPrompt and Shogun. We’re excited to announce the first batch of S6 Incubation projects that we’ve made an investment in!…

  • U.S. AUTHORITIES HAVE DISCOVERED A POTENTIAL VULNERABILITY IN THE BINANCE TRUST WALLET APP FOR IOS

    U.S. AUTHORITIES HAVE DISCOVERED A POTENTIAL VULNERABILITY IN THE BINANCE TRUST WALLET APP FOR IOS

    The National Institute of Standards and Technology (NIST) website posted a note about a potential vulnerability in the Binance Trust Wallet app for iOS devices. Experts noted that it could pose a threat to wallet owners. As the source that notified the agency about the vulnerability, the non-profit Mitre Corporation…

  • ARK INVEST SOLD $34.3 MLN WORTH OF COINBASE SHARES

    ARK INVEST SOLD $34.3 MLN WORTH OF COINBASE SHARES

    Ark Invest sold Coinbase shares for the first time since January.The position has seen a 16.9% gain since the beginning of February.Ark Invest sold 214,068 shares of Coinbase stock for a total of $34.3 million. This is the first sale for this position since February 2024. Cathie Wood and Ark…

  • THE SHARE OF TRADING IN FDUSD CURRENCY PAIRS ON BINANCE REACHED 38% OF THE TOTAL VOLUME

    THE SHARE OF TRADING IN FDUSD CURRENCY PAIRS ON BINANCE REACHED 38% OF THE TOTAL VOLUME

    The volume of trading assets in the FDUSD stablecoin pair on the Binance cryptocurrency exchange reached the maximum mark in history. According to data from February 12, 2024, this figure was 38% of the total spot trading volume on the platform. This is reported by The Block. Experts suggested that…

  • TRADER JOE UNVEILS EXPERIMENTAL SHOE TOKEN

    TRADER JOE UNVEILS EXPERIMENTAL SHOE TOKEN

    The decentralized Trader Joe’s exchange introduced a token based on the DN-404 standard called SHOE. Like ERC-404, it combines the advantages of interchangeable tokens and NFT. Unveiling:  $SHOE 👞 Trader Joe is a Decentralized Exchange (DEX) that offers instant, low-cost token swaps, founded with the mission to build the best…