Bitcoin’s price has seen a period of consolidation after its recent high of around $ 52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range. Shorter timeframe charts point to …
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $ 5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $ 3.19 billion, up 16% from the previous year. The firm’s shareholder letter discloses that bitcoin revenue rose to …
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency exchange disclosed a net income of $ 2 million and an adjusted EBITDA of $ 181 …