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Hong Kong Bitcoin ETF launch in ‘top 20%’, STRK scam suspect busted: Asia Express

The Hong Kong Bitcoin ETF launch was in the top 20% of launches, and 77% of local crypto holders still plan to invest: Asia Express.

This post was published at Cointelegraph

Bulletproof Cadillac, Butler, and $1.5M Titanic Watch: FTX Exec’s Lavish Spending Continues

Former FTX Europe head Patrick Gruhn is spending his crypto riches– but his fortune is not without controversy.

This post was published at Decrypt

Coinbase earnings show a bullish start to the year


Coinbase’s stablecoin revenue jumped 15% quarter over quarter

This post was published at Blockworks

/ Coinbase, Crypto Currency

Mining firm Stronghold considering sale of company in latest financial report

Stronghold Digital Mining announced it is considering a sale or other strategic alternatives aimed at maximizing shareholder value. The announcement came alongside the company’s disclosure of its robust first-quarter financial and operational results on May 2. As part of its strategic review, Stronghold, with the guidance of Cohen and …

This post was published at CryptoSlate

/ Crypto Currency, Economy

Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer

MicroStrategy executive chairman and co-founder Michael Saylor believes the SEC will classify Ethereum as a security this summer and reject the related spot ETF applications filed by various asset managers, including BlackRock. Saylor made the prediction in a social media post on May 2 during a presentation at the MicroStrategy World 2024 …

This post was published at CryptoSlate

Coinbase $1.6 Billion Quarterly Profits Boosted By Stablecoins, Rising Crypto Prices

The San Francisco-based exchange has reported better-than-expected 2024 Q1 results.

This post was published at Decrypt

Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.

This post was published at Cointelegraph

/ Crypto Currency, Government, Law, SEC

Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings

Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs.

This post was published at Cointelegraph

Crypto leaders should stop flirting with CBDCs

Cryptocurrency enthusiasts largely oppose CBDCs — but industry leaders including Consensys, Ripple and Stellar are throwing their weight behind them.

This post was published at Cointelegraph

Coinbase surpasses expectations with Q1 revenue surge amid Bitcoin boom

Coinbase reported revenues of $1.64 billion during the first quarter, surpassing the expected $1.34 billion amount. The surge in revenue comes amid a robust Bitcoin rally that has significantly impacted the crypto market. The company’s earnings stood at $4.40 per share, a substantial improvement from the $1.09 average analyst estimate, …

This post was published at CryptoSlate

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

This post was published at Decrypt

/ Crypto Currency, Defi, Solana

BNP Paribas disclosure IBIT purchase as BlackRock anticipates sovereign, pension funds to start buying Bitcoin ETFs

French banking giant BNP Paribas disclosed it has begun purchasing shares of BlackRock’s iShares Bitcoin Trust (IBIT) and currently holds a small exposure to Bitcoin through the ETF. The firm’s latest 13F filing, dated May 1, indicates that the bank holds 1,030 shares of IBIT and values the shares at $41,684. BNP Paribas’ IBIT …

This post was published at CryptoSlate

Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month

Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan, saying its an ‘investment in a future where economic empowerment is the norm.’

This post was published at Cointelegraph

/ Bitcoin, BTC, Crypto Currency

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