Categories: Bitcoin Latest News

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin miner Cipher posts $31 million profit as AI pivot begins

The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain…

19 minutes ago

Binance has spent half its SAFU bitcoin, about $580 million worth, data shows

The user protection fund now sits below the $800 million level that Binance’s own rules…

3 hours ago

Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote

ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into…

4 hours ago

Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze

Bulls are watching short positions, exchange withdrawals and key price levels for signs of a…

14 hours ago

Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains

The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were…

16 hours ago

Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million

Bitcoin Magazine Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses…

16 hours ago