net

12 Jun 23

Top crypto exchanges see notable negative net flows, volumes down

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The top 10 cryptocurrency exchanges have witnessed significant negative net flows after the FUD (fear, uncertainty and doubt) around Binance and Coinbase rose. Last week, the US Securities and Exchange Commission (SEC) sued Binance and Coinbase, triggering a massive sell-off in […]

05 Jun 23

Binance sees net outflows of $69 million in one hour

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the recent legal action taken by the SEC against Binance and its CEO Changpeng Zhao, cryptocurrency traders are swiftly withdrawing their funds from the crypto exchange. Blockchain data analyzed by Nansen, a leading blockchain intelligence platform, reveals that Binance experienced […]

crypto news the trading chart are rising blurry white background low poly sty

11 May 23

Robinhood’s net revenue quadruples amid tight rate hikes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Federal Reserve (Fed) has been raising its interest rates for the tenth consecutive time since March 2022. According to Reuters, the rate hikes favor the US-based brokerage platform Robinhood. Thanks to the Fed’s 75-basis point rate hike in 2023, […]

10 May 23

Tether’s Q1 2023 report states record $2.44b reserve surplus and $1.48b net profit

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether Holdings Limited’s latest Q1 2023 assurance report, completed by global independent public accounting firm BDO Italia, reveals an all-time high of $2.44 billion in excess reserves, up $1.48 billion from the previous quarter. The achievement reaffirms the accuracy of Tether’s […]

02 May 23

MicroStrategy records $461.2m net income in Q1 2023

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MicroStrategy has released its Q1 2023 financial results and recorded a net income of $461.2 million. MicroStrategy, the self-proclaimed largest independent publicly-traded business intelligence company, has released its financial results from January to March 31, 2023. The company recorded a total […]