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Block Books $50 Million in Bitcoin Gross Profit in Q1 2023
Jack Dorsey’s Block released its quarterly results on Thursday, May 4. The fintech company generated a gross profit…
Coinbase Q1 2023 Revenue Rises to $773 Million: COIN Up 9%
Companies have been releasing their first-quarter reports one after the other. Earlier this week, MicroStrategy revealed its earnings,…
BRICS Won’t Overtake US Dollar, Bank of America Says
BRICS currency has been a topic of hot debate over the past few months, with many arguing whether…
Western Alliance Shares Plummet 53% After Reports of Sale Exploration
The banking sector has faced a difficult period in 2023 due to a series of events. The collapse…
El Salvador President Signs Law Eliminating Taxes on Technology Innovations
Following the announcement of the bill in March of this year, El Salvador President Nayib Bukele signed a…
Goldman Sachs Under Purview For Alleged Role in Failed SVB Deal
The U.S. banking system has been under constant stress in 2023. The downfall of several prominent banks caused…
PacWest Stocks Fall 54% Following Report: Bank Weighing Sale
PacWest Bankcorp shares tumbled 54% after hours today, following new reports that the bank is weighing a sale.…
FOMC Meeting May 2023: Key Talking Points
Following the Federal Reserve’s decision to increase interest rates by another 25 basis points, Fed Chair Jerome Powell…
What is Vitalik Buterin’s Net Worth?
The founder of Ethereum, one of the pioneering entities of the entire cryptocurrency industry, is one of the…
Federal Reserve Raise Interest Rates Another 25bps
Following its latest two-day policy meeting, the Federal Reserve has opted to raise interest rates another 25 basis…