Alliance Entertainment reported Q4 revenue of $268.1 million, beating estimates by over $33 million, driven by strong sales in physical music, movies, and collectibles. Fiscal 2026 revenue rose 8% to $1.15 billion, with vinyl, CDs, and physical movie sales all increasing significantly. The company improved gross margin to 13.3% and adjusted EBITDA by 14%, despite a net income decline due to a non-cash write-off. These results highlight Alliance's growing market presence and expanding studio partnerships, positioning it well for future growth.
Grayscale reports that Zcash mining rewards are about twice as high as Bitcoin's per mining rig and four times higher per unit of electricity, making Zcash mining highly profitable. This profitability has led to a 2.5-fold increase in Zcash mining ac...
Uniswap processed $70.6 billion in trading volume over the past month, surpassing the combined $44.6 billion volume of its three closest decentralized exchange competitors: PancakeSwap, BisonFi, and Meteora. Robinhood Chain was the largest contributo...
Polkadot (DOT) saw a 9.85% price drop after a strong 35% gain over the past week, raising questions about whether demand is falling or if the market is just clearing leveraged positions. Despite the price decline, funding rates shifted from negative ...
The likelihood of a Federal Reserve interest rate hike on September 16 has surged to 86.5%, putting pressure on major cryptocurrencies like Bitcoin, Ethereum, and XRP. This potential rate increase is driven by rising U.S. inflation data, which has un...
Dogecoin co-founder Billy Markus humorously suggested the U.S. government spend $1.2 trillion buying Dogecoin and distributing it to Americans, instead of issuing $5,000 stimulus checks. This idea came amid discussions of stimulus payments by Preside...
