Block, Inc. Q1 results top estimates, shares jump after-hours

As a long-term crypto investor with experience in following fintech companies closely, I’m thrilled to see Block, Inc.’s impressive Q1 2024 results. Their revenues exceeding expectations by 3.54% and earnings per share surpassing estimates by 38.7% are strong indicators of their financial health and growth potential. The fintech company Block surpassed the predicted revenue and … Read more

Chainalysis will help Tether monitor secondary market for illicit activity

As a crypto investor with experience in the industry, I’ve seen my fair share of controversies surrounding stablecoins like Tether (USDT). The recent announcement that Tether will collaborate with Chainalysis to monitor the secondary market for USDT and identify wallets associated with illicit or sanctioned addresses is a welcome development in my opinion. Tether can … Read more

Will Bitcoin fall another 40%? ‘Nothing but air,’ analyst claims

Bitcoin’s recent price drop has led to significant market liquidations. Poor performance of the Hong Kong and U.S. spot ETFs underline market struggles. As a seasoned financial analyst with extensive experience in the cryptocurrency market, I’ve witnessed firsthand Bitcoin’s [BTC] volatile nature and its ability to test even the most resilient investors. The recent price … Read more

Binance Wallet announces support for Bitcoin Atomical ARC-20 assets

As a researcher with a background in blockchain technology, I find Binance’s integration of Bitcoin ARC-20 atomical assets into its native Web3 wallet an exciting development. This innovation makes it possible to create and transfer fungible tokens on the Bitcoin blockchain, expanding its functionalities beyond just being a store of value. As a crypto analyst, … Read more