Crypto news

CoinspeakerWorld’s Largest Oil firm Saudi Aramco Reports 38% Drop in Q2 2023 Profits Despite the revenue drop during the second quarter, Saudi Aramco declared a $19.5 billion dividend payout to shareholders. World’s Largest Oil firm Saudi Aramco Reports 38% Drop in Q2 2023 Profits

CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally

CoinspeakerSaudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio Saudi Arabia's investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments. Saudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio

Obwohl Bankangelegenheiten keine Altersgrenzen kennen, zeigt die Studie, dass vor allem jüngere Nutzer gerne auf Neobanken und digitale Angebote zurückgreifen. Immer mehr junge Anleger entdecken die Börse für sich. Sie machen dabei vieles richtig, überschätzen sich jedoch auch mitunter, wie aus einer neuen Infografik von Block-Builders.de hervorgeht. So geben 43 Prozent der Generation Z an, dass sie der Überzeugung sind, sich auf ihr eigenes...

According to data from Switzerland-based investment adviser 21e6 Capital AG, around 13% of crypto hedge funds have shut down so far this year. The reasons for the closures were weak performance and difficulties in accessing banking services. Furthermore, crypto funds generated, on average, around 15% returns in the first half of 2023. They have been underperforming Bitcoin, which gained 77% over the same period. Crypto hedge funds suffer from lagging performance to Bitcoin...

The payment technology firm Block (formerly known as Square) revealed that its bitcoin revenue for the second quarter was approximately 34% more than the figure reported in Q2, 2022.  The company, spearheaded by Twitter’s former CEO Jack Dorsey, is a main player on the crypto scene, owning over 8,000 BTC.  Q2’s Solid Numbers Block revealed that its mobile application that enables monetary transfers – Cash App – generated a bitcoin revenue of $2.39 billion in Q2, 2023. The sum...

A resident of Eden Prairie, Minnesota, whose name was undisclosed, has reportedly parted with $9.2 million after falling prey in a typical cryptocurrency romance fraud.  The local police said it has never investigated a crypto-related scam where individuals have lost such a substantial sum. The Multi-Million Scheme As reported by Star Tribune, the man started chatting with a mysterious woman on LinkedIn who urged him to invest in a dubious cryptocurrency project called...

Bitcoin is getting very popular in Palestine and particularly in the Gaza Strip, the big reason being that PayPal has decided not to offer its services in this corner of the world. Palestine and BTC Get Close as PayPal Drives Away The reason PayPal isn’t setting foot in Palestine is because of the alleged dangers that stem from endless conflict with its geographic neighbor Israel. At least 12 congressmen, at the time of writing, have signed a proposal supporting...

But it’s also understandable that FTX creditors are looking for a less stinky exit. The FTX 2.0 reboot proposal is in the reorganization plan filed Monday, July 31. FTX 2.0 Exchange Plans Have High Hopes News of the filing caused FTT tokens to spike from $1.34 to 1.55. But soon after, they settled even lower than before. Anyone holding FTT tokens and scanning like a hawk for the opportunity had a brief window to sell with some cushion. As it turns out, the idea has several...

Cameron Winklevoss – one half of the Winklevoss Twins who run the Gemini crypto exchange in New York – is confident bitcoin is about to burst out of its shell and reach a new bullish peak nobody is prepared for. Cameron Winklevoss on the Future of BTC’s Price At the end of June, the price of bitcoin rose beyond $31,000. This is the highest bitcoin’s been all year, and certainly higher than where it was for most of 2022, arguably the most bearish period on record...