Earnings
Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.
Lending Platform SoFi's Revenue Jumps 56% in Q3
The company's Nasdaq-listed shares rose 13% in premarket trading.
WisdomTree's Q3 Crypto Assets Under Management Falls 36%
The decline was 33% from the second quarter, which coincides with a downturn across the digital-asset market.
Silvergate Shares Drop as USD Transfers, Digital Deposits Slowed in Q3
The digital asset bank grew its customer base to 1,677 during the third quarter.
Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says
Over half of that would come from the company's share of interest income from USDC reserves.
Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain
Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.
Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs
The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices.
Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall
Sales of Nvidia’s cryptocurrency mining processor were deemed “nominal” for the second straight quarter.
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.
