CoinShares Q1 net profit falls to M

CoinShares Q1 net profit falls to $24M

CoinShares’s net profit dropped 42.2% year-over-year as harsh macroeconomic conditions affected the digital assets industry. CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago. Although CoinShares’s…

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Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

Bitcoin looks ready to attack its all-time high, but signs of overheating bullish sentiment and shifting market dynamics suggest a correction may be near. Key takeaways: Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating.  Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs….

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Bitcoin unsure as recession looms, US-China tariff talks kick off

Bitcoin unsure as recession looms, US-China tariff talks kick off

Analysts are pointing to signs of approaching trade negotiations in May as a potential catalyst for improved investor appetite in traditional and cryptocurrency markets. Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph….

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Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

Kraken said its acquisition of NinjaTrader is complete, enabling traditional derivatives trading for US customers as the exchange’s revenue rose to $471.7 million in the first quarter. Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million. Kraken said in…

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Strategy touts 13.7% YTD Bitcoin yield in earnings print

Strategy touts 13.7% YTD Bitcoin yield in earnings print

That equates to a Bitcoin gain of approximately 61,000 BTC for shareholders, Strategy said. Michael Saylot’s tech firm Strategy has earned shareholders a Bitcoin yield of 13.7% in the year-to-date, the company said in its May 1 earnings report. That equates to a Bitcoin gain of more than 61,000 Bitcoin (BTC), worth approximately $5.8 billion,…

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