Signature Bank Added $3.8B in Non-Interest Bearing Deposits in Q1
These deposits are seen as a proxy for growth among crypto-industry clients.
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Apr 21, 2021 at 11:05 a.m. UTC
Apr 21, 2021
earnings reports
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Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits
In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing short-term profit.
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Apr 20, 2021 at 11:08 a.m. UTC
Apr 20, 2021
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Nvidia Revenue Outpaces Q1 Forecasts, Partly Driven by Crypto Chip Demand
The revenue for its crypto-specific GPUs is three times the company's projections.
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Apr 12, 2021 at 9:37 p.m. UTC
Apr 12, 2021
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DA Davidson Raises Coinbase Price Target to $440 From $195 After Q1 Earnings
The investment firm said Coinbase could deliver “healthy margins” despite bitcoin's volatility.
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Apr 7, 2021 at 7:01 p.m. UTC
Apr 7, 2021
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Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B
Numbers published Tuesday ahead of a public listing next week show a profitable Coinbase capitalizing on the current market.
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Apr 6, 2021 at 8:22 p.m. UTC
Apr 6, 2021
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CoinShares Q4 Profit More Than Doubled
Assets under management at the now Nasdaq-listed CoinShares grew by over 300% in 2020.
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Mar 31, 2021 at 9:10 a.m. UTC
Mar 31, 2021
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Galaxy Digital Prepares for US Listing in 2021, Names New CFO
“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift," said CEO Mike Novogratz.
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Mar 30, 2021 at 7:33 p.m. UTC
Mar 30, 2021
Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue
The majority of the new deposits came from cryptocurrency exchange clients.
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Jan 21, 2021 at 1:20 p.m. UTC
Jan 21, 2021
Coinbase UK Discloses 22% Profit Drop in 2019
The British arm of the U.S. cryptocurrency exchange saw a sharp downturn in business in 2019.
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Dec 9, 2020 at 10:53 a.m. UTC
Dec 9, 2020
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Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving
Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.
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Aug 13, 2020 at 5:16 p.m. UTC
Aug 13, 2020