q3 – DIGIT INFO

Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

DIGIT — Fri, 08 Nov 2024 01:21:52 +0000

Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.

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AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices

DIGIT — Thu, 31 Oct 2024 05:12:07 +0000

Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours.

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Coinbase shares drop after-hours on Q3 earnings miss

DIGIT — Wed, 30 Oct 2024 21:31:28 +0000

COIN shares have dropped in after-hours trading as the crypto exchange missed earnings estimates, blaming “softer market conditions.”

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Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years

DIGIT — Wed, 07 Dec 2022 17:00:20 +0000

Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at the highest level since 1974. Central Banks […]

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Genesis Trading reveals $175M of funds are locked in FTX

DIGIT — Fri, 11 Nov 2022 01:20:49 +0000

Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy.

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Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO

DIGIT — Wed, 09 Nov 2022 03:53:47 +0000

The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.

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Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’

DIGIT — Wed, 02 Nov 2022 11:30:01 +0000

According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record in Q3 2022. The quarterly report indicates that the world’s central banks purchased close […]

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MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings

DIGIT — Wed, 02 Nov 2022 04:38:39 +0000

The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term.

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Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’

DIGIT — Sat, 08 Oct 2022 00:30:05 +0000

According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery […]

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Report: On-chain data points to crypto consolidation in Q3

DIGIT — Thu, 06 Oct 2022 14:00:00 +0000

The latest quarterly report from DappRadar highlights a period of consolidation across the cryptocurrency ecosystem following a turbulent Q2.

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