Shares of Madison Square Garden Entertainment Corp. (MSGE) are rising more than 3% Friday morning after reporting more than 70% growth in fourth-quarter revenue. Quarterly revenue increased to of $453.5 million from $260.6 million last year. The company reported net loss of $99.94 million or $3.00 per share in the quarter, wider than $38.26 million or $1.12 per share in […]

Cryptocurrencies plummeted in early European trade, amidst the Dollar’s strength that saw the Dollar Index rising to 108.08, versus 107.49 on Thursday and 106.57 on Wednesday. The Dollar strengthened in the backdrop of the minutes of the July meeting of FOMC showing a Fed that is inclined to raise rates further in order to tackle inflation. Concerns about a slowdown […]

On Tuesday (August 16), Kraken Co-Founder and CEO Jesse Powell talked about Bitcoin during a conversation with Matt Miller and Kailey Leinz on Bloomberg Television’s weekly show “Bloomberg Crypto”. When asked by Leinz for his price prediction for Bitcoin, the Kraken CEO replied: “I wasn’t expecting all this craziness in the macro environment. However, I’m still hopeful that I’ll be able to buy a […]

Cryptocurrencies have been in the eye of the storm recently as crypto behemoths like Celsius, Voyager Digital, and Three Arrows Capital have imploded. Since hitting all-time highs, Bitcoin has shed more than 60% of its value. Such shockwaves, however, have not altered the crypto focus of some major players. Brazil’s largest broker, XP, has unveiled its new crypto trading platform […]

Shares of semiconductor maker SkyWater Technology, Inc. (SKYT) are rising more than 34% Tuesday morning at $19.19, after reporting improved revenue in the second quarter, better than analysts’ view. Revenue for the quarter increased 15% year over year to $47.41 million. The consensus estimate of analysts polled by Thomson-Reuters expected revenue of $44.48 million. “Our year-over-year revenue growth demonstrates both […]

BlackRock, the largest asset manager in the world, is doubling down on bitcoin. Just a week after forging an alliance with cryptocurrency exchange Coinbase, BlackRock announced launching a new private spot bitcoin trust for its U.S.-based clients. BlackRock Launches Its First-Ever Bitcoin Trust BlackRock announced Thursday it had launched a private spot bitcoin trust, offering its U.S-based institutional clients direct […]

Crypto donation platform Engiven has been selected by the Roman Catholic Archdiocese of Washington, D.C. to give a boost to their next generation of fundraising efforts. The platform will be used to grow their ministries and embrace a new asset class to increase acceptance of digital donations in cryptocurrencies such as Bitcoin and Ethereum. “The Roman Catholic Archdiocese of Washington, […]

Cryptocurrency markets declined amidst a slightly bearish tone that engulfed market sentiment ahead of the release of the July readings on CPI from the U.S. While headline inflation is expected to decline to 8.7 percent from 9.1 percent earlier, the Core CPI, the Fed’s preferred inflation gauge is seen rising to 6.1 percent from 5.9 percent in the previous month. […]

On Monday (August 8), Bitcoin is trading above the $24,000 level for the first time June 13. According to data by TradingView, on Binance, the $BTC price broke above the $24,000 level at 8:32 a.m. UTC on August 8, and currently (i.e. as of 9:34 a.m. UTC on August 8) $BTC is trading around $24,157, up 5.02% in the past […]