Shares of SolarWinds Corporation (SWI), a provider of information technology management software products, are down more than 6% after reporting wider loss in the second quarter. The company reported net loss from continuing operations of $622.12 million or $3.87 per share in the second quarter, wider than $21.89 million or […]
On Monday (August 1), Ethererum ($ETH), the second-most valuable cryptoasset by market cap, is trading around $1,675, after an excellent performance in July (despite the fact that we are still in a bear market). According to data by TradingView, on crypto exchange Coinbase, the $ETH price went from $1091.56 to […]
In what appears to be a direct refutation to the widely held theories of most bullish Bitcoin proponents, Wall Street thinks Bitcoin is more likely to plummet to $10,000 first before a surge to $30,000 can be considered – according to a recent survey. Retail investors are generally less receptive […]
Shares of AXT, Inc. (AXTI), a manufacturer of compound semiconductor wafer substrates, are up more than 22% Friday morning after reporting better-than-expected earnings in the second quarter. Net income for the second quarter was $5.5 million, or $0.13 per share, higher than $4.4 million or $0.10 per share a year […]
Recently, Michael J. Saylor, Co-Founder, Chairman, and CEO of MicroStrategy Inc. (NASDAQ: MSTR), said that he is not convinced that Ethereum is sound either technically or ethically. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price […]
Bitcoin has grown and surpassed the initial expectations of early proponents. Once considered worthless, the crypto asset has silenced its doubters and surged to become one of the most promising asset classes in the financial markets. And now, a new report notes that some industry experts expect Bitcoin to cross […]
Summary: Bitcoin slipped under $22,000 on Monday as the feds are scheduled to meet this week. A plethora of tokens slumped into red along with Bitcoin as the crypto market anticipates this week’s events. Analysts expect a 75 basis points hike at the FOMC meeting on Wednesday. This week also […]
In a recent interview, Australian tech entrepreneur Fred Schebesta, who is co-founder and CEO of personal finance comparison website Finder.com, said that he considering selling his waterfront luxury apartment in Sydney to buy more Bitcoin. According to a report by Olivia Day for Daily Mail Australia published on Sunday (July […]
Amidst the steadfast Crypto Winter that has pumped an enormous amount of FUD into the crypto space, market indicators have not looked very favorable in recent times. In what appears to be the latest in a long line of inauspicious pointers, long-term holders of BTC are currently feeling the heat […]
Following the tough conditions of last month, the crypto markets appear to be recovering, with Bitcoin leading the rally. Some market watchers asserted that the gains of last weekend lacked a concrete foundation and would be dumped shortly. Notwithstanding, the rallies have persisted, and, most recently, a notable analyst has […]
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