A new project in Finland is turning energy from Bitcoin mining into energy to heat homes. Hashlabs Mining, a Bitcoin mining infrastructure firm, has pioneered a ground-breaking project that allows heat to be generated using specially designed Bitcoin mining devices. The project exploits hydro-cooled WhatsMiner M63S, an ASIC mining device, which produces hot water at...
While reporting financial results for the first quarter on Tuesday, Ryder System, Inc. (R) raised its earnings and comparable earnings guidance for the full-year 2024, while trimming revenue growth outlook. The company also provided financial outlook for the second quarter. For fiscal 2024, the company now projects earnings in a range of $10.95 to $11.70...
Ian Rogers, the Chief Experience Officer (CXO) at Ledger, the popular crypto and NFT hardware wallet manufacturer, sat down for an exclusive interview with Cryptonews’ Matt Zahab. He discussed his move from the world of giants Apple and Yahoo to crypto and Ledger. Rogers also talked about the incoming Ledger Stax, adding that more secrets...
Bitcoin (BTC/USD) demonstrates robust performance, with a notable price surge to $66,270, an uplift of approximately 2.50%. This positive momentum places Bitcoin’s trading dynamics in the spotlight, crucial for those monitoring Bitcoin price predictions. As it surpasses the pivotal $64,853 mark, the digital currency may be poised for further gains, with key resistance levels emerging...
Philip Morris International Inc. (PM) reported Tuesday that net earnings attributable to PMI for the quarter grew to $2.15 billion or $1.38 per share from $2.00 billion or $1.28 per share in the prior-year quarter. Excluded items, adjusted earnings for the quarter were $1.50 per share, compared to $1.38 per share in the year-ago quarter....
Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million). As a result, the EU nation has mandated reporting of income from the sale of mining digital assets. Per a report from a local media outlet Verkkouutiset, in line with the tax supervision following the...
Slightly higher Canadian futures point to a positive start for the Canadian market Tuesday morning. Encouraging economic data from Europe may also aid sentiment. Once again, weak commodity prices could limit market\'s upside. Key U.S. growth and inflation data remain on investors\' radar ahead of the next Federal Open Market Committee meeting on April 30-May...
Terraform Labs and its founder, Do Kwon, are facing hefty financial trouble after the United States Securities and Exchange Commission (SEC) filed a motion on April 19. The SEC is demanding $5.3 billion in fines following the commission’s win in its civil Terra-Luna case against the crypto mogul. Terraform Labs And Founder Facing Billions In...
The Nvidia stock and Bitcoin are two assets that stand out for their potential and volatility in the landscape of investment opportunities. Both have had their share of dramatic rises and falls, sparking debates among investors about their viability and future growth. This article aims to explore the performance and potential of each, helping investors decide which asset might...
While reporting financial results for the first quarter on Tuesday, clean energy company NextEra Energy, Inc. (NEE) reaffirmed its adjusted earnings guidance for the full year 2024, 2025 and 2026. The company continues to expect adjusted earnings for fiscal 2024 in the range of $3.23 to $3.43 per share. On average, 20 analysts polled by...