Everything web3, crypto, defi, degen
In brief GameStop disclosed 4,710 BTC on its balance sheet, valued at $528.6 million with $28.6 million in unrealized gains. Net loss narrowed to $18.5 million from a $44.8 million profit in Q1. Revenue slipped to $673.9 million from $732.4 million while operating costs fell as collectibles sales rose. GameStop narrowed its quarterly loss after…
In brief A collector recently walked away with 1 BTC from a $13 pack of cards purchased from GameStop. The card came in via card manufacturer Cardsmiths’ Currency Series, which contains cards redeemable for real cryptocurrency. The pull marks at least the third overall 1 BTC find in the last year. GameStop doesn’t sell Bitcoin…
In brief BTCS is paying investors a “loyalty payment” to make shares illiquid. The company’s shares are trading below the value of its crypto holdings. BTCS CEO Charles Allen said short sellers are targeting the firm. Ethereum treasury firm BTCS has offered investors a one-time payment for making their shares illiquid on Monday, saying that…
Millions of people worldwide are seeking to break free from the old way of investing. Today, investors have charts, real-time news, communities and commission-free trading platforms guiding their financial decisions and behaviors. Millions of people are looking to crypto for a better user experience. Crypto markets have democratized information sharing, provided open, 24/7/365 access to investments,…
VIP clients are the first to receive Kraken Intelligence reports. If you’d like access to our newsletter or want to start trading, begin today. The rollercoaster ride that is bitcoin’s latest rally has some wondering if we are nearing a market top, but our analysts aren’t yet convinced. Kraken Intelligence, our team of in-house research…
February 8, 2021 | Kraken Intelligence VIP clients are the first to receive Kraken Intelligence reports. If you’d like early access to our latest research, sign up to trade with us today or ask your account manager for more details. 2021 kicked off with a 46% surge in the bitcoin price and a return to…
