Coinbase Global Inc. reported fourth-quarter earnings below expectations as declining trading volumes and falling crypto prices weighed on results, with transaction fee revenue and EPS both missing Wall Street forecasts.
#YonhapInfomax #Coinbase #EarningsMiss #TransactionFeeRevenue #CryptocurrencyMarket #SharePriceDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105390
Coinbase Misses Earnings Estimates as Crypto Market Slump Weighs on Results

Coinbase Global Inc. reported fourth-quarter earnings below expectations as declining trading volumes and falling crypto prices weighed on results, with transaction fee revenue and EPS both missing Wall Street forecasts.

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Mike Novogratz, CEO of Galaxy Digital Holdings, said the era of speculation in digital assets may be ending, as Bitcoin's price drops over 20% this year and the market faces structural shifts, signaling a move toward broader financial service adoption.
#YonhapInfomax
#Bitcoin #GalaxyDigitalHoldings #MikeNovogratz #Speculation #CryptocurrencyMarket
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104947
Bitcoin Billionaire Says 'Era of Speculation in Digital Assets May Be Over'

Mike Novogratz, CEO of Galaxy Digital Holdings, said the era of speculation in digital assets may be ending, as Bitcoin's price drops over 20% this year and the market faces structural shifts, signaling a move toward broader financial service adoption.

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Bitmine Immersion Technologies, led by Tom Lee, purchased over 40,000 Ethereum during last week's market crash, bringing its total holdings to 4.3 million coins—despite facing $7.8 billion in unrealized losses as the average purchase price remains far above current market levels.
#YonhapInfomax
#BitmineImmersionTechnologies #TomLee #Ethereum #UnrealizedLoss #CryptocurrencyMarket
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104723
'Despite $8 Billion in Losses, All-In on Crypto'—Tom Lee's Bitmine Buys 40,000 Ethereum

Bitmine Immersion Technologies, led by Tom Lee, purchased over 40,000 Ethereum during last week's market crash, bringing its total holdings to 4.3 million coins—despite facing $7.8 billion in unrealized losses as the average purchase price remains far above current market levels.

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Bitcoin tumbled to $73,000, erasing all gains since Trump’s election win, as the cryptocurrency market faces its lowest levels since November 2024; Ethereum and MicroStrategy shares also saw sharp declines.
#YonhapInfomax #Bitcoin #Ethereum #MicroStrategy #TrumpRally #CryptocurrencyMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103665
Bitcoin Plunges to $73,000, Erasing All Gains Driven by Trump Rally

Bitcoin tumbled to $73,000, erasing all gains since Trump’s election win, as the cryptocurrency market faces its lowest levels since November 2024; Ethereum and MicroStrategy shares also saw sharp declines.

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JP Morgan reports that the recent cryptocurrency sell-off is stabilizing, with Bitcoin and Ethereum ETF outflows halting and market bottoming signals emerging.
#YonhapInfomax #JPMorgan #Bitcoin #CryptocurrencyMarket #ETFFlows #MSCIDecision #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99119
JP Morgan Sees Bitcoin Sell-Off Easing—Signs of Market Rebound Emerging

JP Morgan reports that the recent cryptocurrency sell-off is stabilizing, with Bitcoin and Ethereum ETF outflows halting and market bottoming signals emerging.

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