Category: Crypto
Bitcoin Miner Canaan Reports $88.8M Q4 Revenue, Cuts Net Loss
Canaan Inc. reported Q4 2024 revenue of $88.8M, driven by A15 mining rigs and expanded North American operations, narrowing net losses and achieving $19.3M in adjusted EBITDA.
The post Bitcoin Miner Canaan Reports $88.8M Q4 Revenue, Cuts Net Loss appeared first on Cryptonews. …
Could This Be the Catalyst XRP Bulls Were Waiting For? Legal Deal Nears Final Approval
XRP has risen by 1% today, with its move to $2.47 coming after Ripple confirmed that the SEC will return $75 million to the crypto firm as part of a final agreement with the regulator.
The post Could This Be the Catalyst XRP Bulls Were Waiting For? Legal Deal Nears Final Approval appeared first on Cryptonews. …
Hyperliquid Vault Opens $5M Short on JellyJelly After Trader Self-Liquidates
Hyperliquid Vault faces $10.5M in unrealized losses after inheriting a $5M short position on $JELLY from a self-liquidating trader, with liquidation risks escalating if $JELLY hits $0.15374.
The post Hyperliquid Vault Opens $5M Short on JellyJelly After Trader Self-Liquidates appeared first on Cryptonews. …
Warren Buffett-Backed Nubank Expands Crypto Portfolio with Four New Altcoins
Latin American digital banking giant Nubank, backed by Warren Buffett’s Berkshire Hathaway, has expanded its cryptocurrency offerings by adding four new altcoins to its platform.
The post Warren Buffett-Backed Nubank Expands Crypto Portfolio with Four New Altcoins appeared first on Cryptonews. …
Trump’s Bitcoin Reserve Order Removes “Last Existential Risk,” Says Bitwise CIO
Bitwise CIO Matt Hougan believes Trump’s executive order to establish a U.S. Strategic Bitcoin Reserve has eliminated the final major threat to Bitcoin’s long-term viability.
The post Trump’s Bitcoin Reserve Order Removes “Last Existential Risk,” Says Bitwise CIO appeared first on Cryptonews. …
Is Cardano About to Break Out? 3 Reasons ADA Could Hit New Highs Soon
Cardano (ADA) gains 8% as breakout looms. DeFi growth, summit hype, and technical strength hint at a move above $0.78. Is ADA the next altcoin to watch?
The post Is Cardano About to Break Out? 3 Reasons ADA Could Hit New Highs Soon appeared first on Cryptonews. …
Google Cloud Becomes a Validator for the Injective Network
Google Cloud is now a validator for the Injective network, boosting the blockchain’s security, reliability, and credibility.
The post Google Cloud Becomes a Validator for the Injective Network appeared first on Cryptonews. …
Bitcoin Nears $88,000 as Fidelity Files Solana ETF and GameStop Opens to BTC
Bitcoin trades above $87,600 as Fidelity files for a Solana ETF and GameStop updates policy to hold BTC—boosting institutional crypto momentum.
The post Bitcoin Nears $88,000 as Fidelity Files Solana ETF and GameStop Opens to BTC appeared first on Cryptonews. …
FCA Head Flags Youngsters Entering into Crypto Investments ‘Highly Risky’
UK FCA head warns that too many young Britons under the age of 35, are investing in crypto.
The post FCA Head Flags Youngsters Entering into Crypto Investments ‘Highly Risky’ appeared first on Cryptonews. …
Meme Coin Comeback? TRUMP Bounces 11% – What This Could Mean for the Entire Market
Trump’s $TRUMP coin jumps 11% to $12.24 on viral post. Volume hits $1.22B, but centralization and an April unlock raise concerns about its future.
The post Meme Coin Comeback? TRUMP Bounces 11% – What This Could Mean for the Entire Market appeared first on Cryptonews. …
