Why Bitcoin Miners’ Revenue Hits Lowest Point Since 2020
[ad_1] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Bitcoin Miners’ Revenue Meanwhile, BTC miners are experiencing...
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Robinhood Lost $175m in Q3, Crypto Revenue Declined
[ad_1] Robinhood, a major US commission-free stock trading and investing app, reported a net loss of $175 million during the third quarter of 2022. Although the company’s transaction-based revenues increased slightly, the cryptocurrency sector generated a substantial decrease. Take Advantage of the Biggest Financial Event in London. This year...
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Crypto Exchange Upbit Operator Sees 47% Decline in Q1 Revenue
[ad_1] Cryptocurrency exchanges are now facing the wrath of the declining market sentiment. Dunamu, the operator of South Korean crypto exchange Upbit, reported the first quarter of 2022’s operating profit at 287.8 billion won ($232.75 million), which was a yearly decline of 46.9 percent. According to a report by...
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The Lunar Metaverse Launches Revenue Generating NFT Land Sale
[ad_1] Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT land plots, develop a new world, drive its economy and uncover the mysteries of the Moon’s dark side. The limited collection at the best possible value of 1000...
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Bitcoin falls to sixth for daily revenue, with just 12% of Ethereum’s fees
[ad_1] Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According to CryptoFees’ data for July 18, the Bitcoin network had generated $725.7 million in daily fees on average over the past seven days,...
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How Axie Infinity Boosted Revenue 400%+ in 30 Days
[ad_1] July 9, 2021by Laura Shin Aleksander Larsen, co-founder and COO of Axie Infinity, discusses Axie Infinity’s recent growth, which has seen the platform do 20X the volume of NBA Top Shot in recent days. Show highlights: what is Axie Infinity? why there has been such an uptick in...
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