Iran eases currency controls to let traders bring earnings home in crypto: FT
Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.
earnings
Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million
SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More
Live updates: Dogecoin and ether lead pullback as investors digest tech earnings
Dogecoin dropped 4.5% and ether 2.5%, leading a broad but shallow retreat across the majors, though most remain higher on the week ahead of next week’s Fed meeting.
Strategy pauses bitcoin (BTC) buys before Tuesday earnings
Strategy is taking a breather from buying bitcoin. Michael Saylor said Sunday the company would not add to its bitcoin holdings this week, pausing its regular purchase program ahead of Tuesday’s first-quarter earnings release. “No buys this week. Back to work next week,” Saylor wrote… Read More
Robinhood stock falls 8% after big earnings miss due to weak crypto trading revenue
Robinhood (HOOD) missed its first-quarter earnings and revenue estimates after reporting a sharp decline in crypto trading revenue, even as growth in other parts of its business pushed overall revenue higher. The popular trading platform reported first-quarter adjusted earnings per share of $0.38, missing Wall… Read More
Fed’s Miran speaks, Bitgo earnings, Casper hard fork: Crypto Week Ahead
As the war with Iran enters its fourth week, crypto markets will be dominated by macro events. Off the global stage, however, traders will be navigating a number of supply events while Aave prepares for the deployment of its v4 platform and hard forks loom… Read More