Earnings

Bitcoin mining profitability is stuck at record lows, JPMorgan says. (Shutterstock)
Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.
Bitcoin mining profitability is stuck at record lows, JPMorgan says. (Shutterstock)

Hut 8 double upgraded to buy, risk reward is to the upside: H.C. Wainwright. (hut8.io)
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.
Hut 8 double upgraded to buy, risk reward is to the upside: H.C. Wainwright. (hut8.io)

Jean-Marie Mognetti, CEO CoinShares (CoinShares)
CoinShares Netted $513.1M Profit in Q2
CoinShares' total assets under management almost doubled from $2.7 billion to $5.3 billion.
Jean-Marie Mognetti, CEO CoinShares (CoinShares)

Marathon Digital CEO Fred Thiel (CoinDesk)
Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous year's profit.
Marathon Digital CEO Fred Thiel (CoinDesk)

Coinbase (COIN) reported second-quarter earnings on Thursday. (PiggyBank/Unsplash)
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
The crypto exchange posted better-than-expected revenue mostly due to its sales diversification strategy.
Coinbase (COIN) reported second-quarter earnings on Thursday. (PiggyBank/Unsplash)

Galaxy Digital CEO Mike Novogratz (Will Foxley/The Big Empty)
Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The crypto market pulled back from the first-quarter's record highs during the three-month period.
Galaxy Digital CEO Mike Novogratz (Will Foxley/The Big Empty)

A photo of four mining rigs
Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge
The company's loss per share doubled to $0.32.
A photo of four mining rigs

Analysts expect Coinbase's earnings to take a hit in the second-quarter as trading volume slowed down from the prior months. (PiggyBank/Unsplash)
Coinbase Earnings Hurt by Low Volume But Trump Could be Wild Card, Analysts Say
The exchange reports second quarter earnings after the market close on Thursday, with revenue and earnings-per-share expected to have decreased from the prior quarter.
Analysts expect Coinbase's earnings to take a hit in the second-quarter as trading volume slowed down from the prior months. (PiggyBank/Unsplash)

Trading (Pixabay)
Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.
Trading (Pixabay)

(Jim Henderson, modified by CoinDesk)
BlackRock Assets Under Management Rise Through $10T
The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.
(Jim Henderson, modified by CoinDesk)