Earnings

Earnings

Markets

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright

The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.

A Hut 8 mining facility (hut8.io)

Markets

CoinShares Netted $513.1M Profit in Q2

CoinShares' total assets under management almost doubled from $2.7 billion to $5.3 billion.

Jean-Marie Mognetti, CEO CoinShares (CoinShares)

Finance

Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates

The miner said its adjusted EBITDA swung to loss, compared to previous year's profit.

MARA Holdings CEO Fred Thiel (CoinDesk)

Finance

Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume

The crypto exchange posted better-than-expected revenue mostly due to its sales diversification strategy.

Coinbase (PiggyBank/Unsplash)

Finance

Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats

The crypto market pulled back from the first-quarter's record highs during the three-month period.

Galaxy Digital CEO Mike Novogratz (Will Foxley/The Big Empty)

News Analysis

Coinbase Earnings Hurt by Low Volume But Trump Could be Wild Card, Analysts Say

The exchange reports second quarter earnings after the market close on Thursday, with revenue and earnings-per-share expected to have decreased from the prior quarter.

Coinbase (PiggyBank/Unsplash)

Finance

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

The surging trading volumes helped the bank reach profitability for the first time.

Trading (Pixabay)

Finance

BlackRock Assets Under Management Rise Through $10T

The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.

(Jim Henderson, modified by CoinDesk)

Markets

Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord

The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)