Coinbase Shares Slide After Missing Analyst Estimates

The exchange also announced the largest acquisition in crypto history, but even that failed to buoy Coinbase’s stock price. Coinbase Stock Tumbles Following Earnings Disappointment Coinbase (Nasdaq: COIN) saw its shares drop Thursday afternoon when it announced lower-than-expected revenue for the first quarter of the year. Even the firm’s historic acquisition of the world’s largest … Read more

Bitcoin Rallies as Crypto Markets Spark Interest

Recent movements in the cryptocurrency market have captured attention as Bitcoin neared a significant milestone of $104,000, showing marked recovery from a two-month stagnation. This upward trend coincides with favorable macroeconomic developments and technological advancements, notably Ethereum’s network upgrade. Alongside Bitcoin, other major cryptocurrencies posted gains, signaling a resurgence in investor enthusiasm. What Drives the … Read more

How the imageboard moves crypto markets

After 4chan was hacked on April 14 and vast troves of user and moderator data were leaked online, the controversial website quickly went down, and many believed it would never recover. However, less than two weeks later, the imageboard was back online, defiant as ever. “4chan is back,” an official blog post proclaimed. “No other … Read more

Bitcoin’s Reclaim of $100K Sparks Debate Amidst Institutional Confidence and Peter Schiff’s Critique

Bitcoin’s recent surge over the $100K mark has reignited discussions on its long-term viability amidst varied market opinions. While institutional adoption hints at a promising future, skepticism remains, particularly from traditional finance critics. As noted by MicroStrategy’s Michael Saylor, “We’re going through a rotation where lots of non-economically interested parties are rotating out of the … Read more