Marathon Digital Beats Q3 Earnings Estimate, but Misses on Revenue

Marathon Digital’s (MARA) third quarter earnings per share of $0.85 beat the consensus analyst estimate of $0.43, while its revenue of $51.7 million missed the estimate of $67.4 million, according to FactSet. The company’s third quarter revenue rose over 6,000% year-over-year, according to a statement. Marathon mined 1,252 bitcoin in the third quarter, which was a 91% increase from the previous quarter. At the end of the quarter, it held 7,035 bitcoin with a fair-market value of $307.6 million. The miner expects its previously purchased 130,000 mining machines to come…

10/16/21 – ETHEREUM TODAY – ETHEREUM TECHNICAL ANALYSIS – ETHEREUM PRICE PREDICTION

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United Citizens Organization launches as a blockchain initiative at COP26

Speaking at a COP26 press conference in Glasgow, Scotland on Wednesday, a panoply of experts from the tech-environmental sector spoke to global citizens across the world about improving coordination and support for climate action with blockchain technology. The GloCha United Citizens Organization for Action for Climate Empowerment has been launched at COP26 as a blockchain-based quasi-international organization located in Klagenfurt, Austria. It will now seek to utilize blockchain technology to advance climate change objectives in alignment with the UN SDGs.  The UCO is rooted in the Action for Climate Empowerment…

Crypto Trading Firm B2C2 Launches Crypto’s First Non-Deliverable Forward

B2C2, a crypto liquidity provider and over-the-counter trader, said Wednesday it conducted its first transaction of a non-deliverable forward (NDF) – a type of financial contract that’s common in foreign-exchange markets – with trading firm QCP Capital. These types of trades could help traditional financial institutions to enter the burgeoning cryptocurrency market, according to the press release from London-based B2C2 and Singapore-based QCP. “Unlike a deliverable forward, an NDF provides exposure to the underlying asset without the need to take physical delivery,” the companies said. The underlying asset in the…

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When the Media Lies About Crypto

That leaves the Average Joe in a precarious position. To enter the Citadel (or Crypto City), they must first cross the moat, but the crossing is dangerous, the support beams weak. If they fall in, they might get swept along and never heard from again. They are still in crypto, but in some twisted, late-night casino version, populated entirely by speed freaks and con men. Source

Tether’s USDT to Launch on Avalanche

Business The company behind the stablecoin also said that through an integration with Bitfinex, investors would have fast access to the token on the crypto exchange at low cost. By Helene Braun Nov 10, 2021 at 3:00 p.m. UTC Updated Nov 10, 2021 at 3:00 p.m. UTC (Shutterstock) Source

To work for everyone, the Metaverse must be decentralized

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. What’s in a name? A whole metaverse is what one could be led to believe when looking at the buzz around Facebook’s recent transformation into Meta. In reality, of course, there is more to the new name than that — there is also the whistleblower scandal, alongside the previous controversies tarring the company’s image,…