Bear Market
Robinhood lays off nearly a quarter of its workforce amid crypto winter
Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market.
Shiraz Jagati 3 min read Earnings News
Follow earnings-related crypto news, quarterly results, mining revenue, exchange performance, and financial updates from digital asset firms.
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Shiraz Jagati 3 min read 
Earnings
CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra
This is the first time London-based Coinshares has posted a negative quarter since its market debut.
Earnings
Coinbase stock posts 9 week high on rumors of better than expected earnings
COIN is up 50% since July 26 as analysts forecast better than expected results upon release of the second-quarter earnings report on August 9.
More Earnings News & Analysis
Bear Market
Match Group shelves Tinder Coin, Metaverse Dating after company swings to a loss in Q2
A net loss this quarter has Match re-thinking Metaverse Dating and Tinder Coin despite both being viewed as potential drivers of growth in the long-term.
Adoption
MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role
Despite the losses, MicroStrategy stock has outperformed Nasdaq, Gold, Silver, and even some of the biggest tech companies after its Bitcoin adoption.
Payments
Ripple’s XRP sales increased almost 40% in Q2 vs Q1
The company’s recently released Q2 market report suggests that the spike emanated as a result of increasing demand for its On-Demand Liquidity service.
Investments
Tesla has sold 75% of its Bitcoin holdings, earning $936M
Tesla revealed that its Bitcoin trade brought $936 million to its balance sheet.
Analysis
BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings
Bitcoin, ether and other major cryptocurrencies have dropped sharply over the weekend, sending BTC below $39,000 and ether well below $3,000. Crypto is tightly correlated with general markets fearing the coming week.
Exchanges
Earnings release shows Coinbase made more in Q1 2021 than all of 2020
The San Francisco-based crypto exchange posted impressive numbers ahead of its public listing next week.