Crypto Currency

Argo Blockchain Reports $8.7m Net Loss in Q1 2023 amid Revenue Growth and Cost Reductions

Argo Blockchain (LSE: ARB; NASDAQ: ARBK), a major cryptocurrency mining company, recently shared its unaudited financial results for Q1 2023. Although the report showed notable improvements in revenue, cash reserves, and cost reductions, the company could not achieve a positive net result. Argo Blockchain Boosts Revenues in Q1 2023Argo Blockchain ended the first quarter with

Published 3 years ago in
Argo Blockchain Reports $8.7m Net Loss in Q1 2023 amid Revenue Growth and Cost Reductions

Argo
Blockchain (LSE: ARB; NASDAQ: ARBK), a major cryptocurrency mining company,
recently shared its unaudited financial results for Q1 2023. Although the
report showed notable improvements in revenue, cash reserves, and cost
reductions, the company could not achieve a positive net result. Argo Blockchain Boosts
Revenues in Q1 2023Argo
Blockchain ended the first quarter with a substantial balance of $14.2 million
in cash and 85 Bitcoin or Bitcoin Equivalents (BTC) in its reserves…
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Crypto Currency

Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion

The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector

Published 4 hours ago in
Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion

The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector [……
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Crypto Currency

Ethereum Futures Volume Outruns Spot 6-to-1 As Macro Stress Weighs On Crypto

Ethereum has reclaimed the $2,200 level as the broader cryptocurrency market shows signs of short-term strength following several weeks of volatility and uncertain momentum. The move higher suggests that buyers are attempting to regain control after a prolonged corrective phase, even as macroeconomic conditions continue to weigh on risk assets…

Published 17 hours ago in
Ethereum Futures Volume Outruns Spot 6-to-1 As Macro Stress Weighs On Crypto

Ethereum has reclaimed the $2,200 level as the broader cryptocurrency market shows signs of short-term strength following several weeks of volatility and uncertain momentum. The move higher suggests that buyers are attempting to regain control after a prolonged corrective phase, even as macroeconomic conditions continue to weigh on risk assets…
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Crypto Currency

XRP climbs to $1.50 despite fund outflows as bulls eye $2 next

XRP price hovers above $1.50, a four-week high. The Ripple cryptocurrency is up amid gains for Bitcoin. Traders are bullish despite $76 million in fund outflows last week. XRP price rose to highs of $1.50 on Monday as corporate developments at Ripple and the broader market dynamics fueled bullish bets on the token…

Published 17 hours ago in
XRP climbs to $1.50 despite fund outflows as bulls eye $2 next

XRP price hovers above $1.50, a four-week high. The Ripple cryptocurrency is up amid gains for Bitcoin. Traders are bullish despite $76 million in fund outflows last week. XRP price rose to highs of $1.50 on Monday as corporate developments at Ripple and the broader market dynamics fueled bullish bets on the token…
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Crypto Currency

Next Crypto to Explode: Shiba Inu (SHIB) Prints $505B Exchange Outflow, Bonk (BONK) Burns Stack, and Pepeto Sets the Real Floor

The next crypto to explode question is the loudest one on trader screens after April 21 data showed one of the biggest monthly Shiba Inu exchange outflow events clear $505 billion SHIB per CoinMarketCap, analysts flagging an 80% rebound setup from the support zone, and Bitcoin breaking $76,000 on easing U.S…

Published 21 hours ago in
Next Crypto to Explode: Shiba Inu (SHIB) Prints $505B Exchange Outflow, Bonk (BONK) Burns Stack, and Pepeto Sets the Real Floor

The next crypto to explode question is the loudest one on trader screens after April 21 data showed one of the biggest monthly Shiba Inu exchange outflow events clear $505 billion SHIB per CoinMarketCap, analysts flagging an 80% rebound setup from the support zone, and Bitcoin breaking $76,000 on easing U.S…
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