Q2 report – DIGIT INFO

Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem

DIGIT — Sat, 23 Jul 2022 17:30:28 +0000

On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover, […]

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Crypto soars to account for 73% of trading commissions on eToro in Q2

DIGIT — Thu, 26 Aug 2021 03:55:20 +0000

According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions.

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Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex

DIGIT — Wed, 11 Aug 2021 12:30:49 +0000

Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting in $2 billion, Coinbase said it has 68 million verified users and […]

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MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

DIGIT — Fri, 30 Jul 2021 01:54:26 +0000

As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset.

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Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC

DIGIT — Tue, 27 Jul 2021 01:56:27 +0000

Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its BTC holdings.

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