TL;DR: BitFuFu produced 137 BTC in October, down from 167 in September, while managed hashrate stayed close to 19.5 EH/s. The miner …
falls
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Ethena has plenty to celebrate on the business front, but ENA holders aren’t getting the same treatment from the market. Despite a …
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Ripple co-founder Chris Larsen is exposed to Evernorth Holdings through his controlling shareholder role at Ripple Labs and his Larsen Lam Children’s …
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Profit tells a very different story. Of the $189.5 million in net income, $131.1 million was attributable to Hut 8 itself. A …
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A $9.1 Billion Lease, a 33.2% Slide Riot Platforms (RIOT) committed 191 megawatts of capacity at its Rockdale, Texas campus to a …
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Finance
HOOD stock falls 8.5% as Robinhood’s crypto revenue weakness draws attention
by shayaanby shayaanThe Robinhood third-quarter results that was published on October 27, showed that crypto revenue was $120 million. This amount made up about …
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Finance
Strategy’s discretionary cash falls 72% as buyback authorization rises to $3 billion
by shayaanby shayaanThe firm’s discretionary USD Cash holdings declined about 72% to $447.3 million as of Oct. 18, down from $1.61 billion on Aug. …
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Finance
IREN Stock Falls Nearly 4% as Morningstar Cuts Fair Value Estimate to $37 on Financing Risks
by shayaanby shayaanThe valuation revision came amid a steep decline in IREN shares. On Thursday, the stock touched a new 52-week low of $26.60 …
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Mining
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
by shayaanby shayaanMiners have about four weeks to direct their machines elsewhere. After the cutoff, Binance will stop crediting mining shares, the records of …
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Bitcoin is holding on to its weekend gains as oil trades lower. ETFs lost over $600 million in outflows last week. www.coindesk.com