Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group …
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Meta’s META has just pulled off the most insane winning streak Wall Street has seen in years. As of press time, the …
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Mining
Wall Street BTC Miner HIVE Posts $29.2M Revenue as Bitcoin Holdings Top $260M
by shayaanby shayaanThe publicly listed Wall Street Bitcoin (BTC) miner HIVE Digital Technologies (NASDAQ: HIVE) reported fourth-quarter revenue of $29.2 million and adjusted EBITDA …
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Scams
President of Central African Republic Posts Meme Coin—It Surged to $900M Before Crashing
by shayaanby shayaanThe Central African Republic president appears to have launched a national meme coin, three years after making Bitcoin legal in 2022. Despite …
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Analysis
Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024
by shayaanby shayaanAn independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. …
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DeFi
Uniswap Protocol on Base posts third consecutive monthly volume ATH in January 2025
by shayaanby shayaanUniswap Protocol recorded a monthly high trading volume of $15.65 billion on the Base network in January 2025. This makes it the …
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Finance
Notable Conflict Between Tether (USDT) and Ripple (XRP) – Tether CEO Posts Suggestive Tweet
by shayaanby shayaanRecently, some companies in the cryptocurrency market have been accused of preventing Bitcoin from being declared a strategic reserve currency in the …
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Mining
This Bitcoin Wall Street Miner’s CEO Departs, Company Posts $6.3 Million Loss
by shayaanby shayaanThe publicly listed Bitcoin (BTC) miner from Wall Street (NYSE: ARBK) and London (LSE: ARB) Argo Blockchain plc announced today (Tuesday) that …
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Finance
FalconX Posts Record Quarter, Plans to Acquire Arbelos Derivatives Market
by shayaanby shayaanFalconX is in talks to acquire Arbelos Markets, a crypto derivatives startup. Despite previous setbacks in recent years, FalconX recently posted a …
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This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Over the weekend, the anonymous founder of Jupiter used …