The widespread adoption of digital currencies, as well as the rise in institutional investments, have driven these exponential gains.
The company reported revenue growth of 844% year over year in Q1, as sales surged to US$1.8 billion, compared to its prior-year revenue of just US$191 million.
In the March quarter, Coinbase has forecast adjusted EBITDA at over a billion dollars, indicating a margin of almost 60%.
On the flip side, when markets turn bearish, trading activity declines by a significant margin which in turn will impact Coinbase revenue.
One Canadian company that has massive growth prospects is GreenPower Motors space and has already surged 1,230% in the last year.
This has allowed GreenPower to lower manufacturing and operating costs significantly and it’s now expected to report an adjusted profit by the end of fiscal 2022.
Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ebang International Holdings Inc.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York.
Cyber Ninjas said in a statement that its goal “is for the public to be able to read the documents themselves and see that the process and the procedures are sound.” The company, which fought the release in court, said it was releasing it as part of “ongoing efforts to be transparent” and urged media outlets to publish links to the documents so they can be easily accessed.
pursuant to which Support.com stockholders would receive approximately 0.124 shares of Class A common stock of Greenidge for each share of Support.com that they own.
Four people were shot and killed, including two North Carolina sheriff’s deputies, during a welfare check at a home that turned into a 13-hour standoff, authorities said.
HOUSTON — Yusei Kikuchi took a no-hit bid into the the seventh inning, Taylor Trammell homered and the Seattle Mariners beat the Houston Astros 1-0 on Thursday to avoid a four-game series sweep.
According to the latest research from Strategy Analytics, China’s rapid adoption of 5G technology is powering demand for 5G smartphones.
Ms Maxwell is in custody ahead of her trial on charges relating to sex trafficking of underage girls for now-deceased sex offender Jeffrey Epstein.
The Islamic militant group Hamas, which stands to gain influence in the elections, had earlier rejected the idea of postponing them, saying the Palestinians should explore ways of “forcing the elections in Jerusalem without the permission of or co-ordination with the occupation.” It also issued a veiled warning to Abbas without mentioning him by name, saying Hamas “will not be party to any postponement or cancellation and will not provide cover.” The responsibility for any such decision “will rest with those who take it in response to the veto of the occupation,” it said.