2022-6-2 08:30 |
Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash rates remain high, however.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Bitcoin and Ethereum miners saw a steep decline in revenue during the month of May as prices of both cryptocurrencies fell to new local lows. The post Bitcoin and Ethereum Mining Revenue Crashes to New Lows in 2022 appeared first on BeInCrypto.
2022-6-2 05:50 | |
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В течение мая существенно возросла популярность системы доменных имен Ethereum Name Service (ENS). Об этом со ссылкой на основные метрики сообщил главный разработчик сервиса Ник Джонсон. May is now an All Time High for every single ENS metric we track - registrations, renewals, revenue (ETH & USD) and income (ETH & USD).
2022-5-24 10:52 | |
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Non-mainstream projects, more often than not, take their own time to create a niche and establish themselves. Then, it just becomes a matter of time for their name and fame to heighten. Ethereum Name The post Did Ethereum Name Service [ENS] revenue stream hit a record high in May appeared first on AMBCrypto.
2022-5-22 03:30 | |
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MetaBlaze is preselling its first 10k collection of MetaGobling NFTs, and a lot of hype has recently been surrounding the launch. Many owners of popular NFT collections such as Board Ape Yacht Club, Crypto Punks, and Moonbirds have been quick to show support and register for this utility packed collection set to go on presale … Continued The post Metablaze to Reinvest NFT Revenue: Metagoblin NFT Presale on May 8 appeared first on BeInCrypto.
2022-5-5 16:32 | |
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Crypto news was abuzz recently with speculation of the U.S Internal Revenue Service (IRS) writing off the tax on income generated from unsold staked cryptocurrencies. Many, including crypto influencerThe post No, IRS may not write off taxes on crypto staking rewards so easily, claim experts appeared first on AMBCrypto.
2022-2-4 19:30 | |
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Robinhood posted a loss on its crypto revenue in Q4 of 2021, further exacerbating losses occasioned in the third quarter. According to a Thursday earnings report, the trading firm posted $48 million crypto income in Q4 of 2021, which is a 6% decline from the previous quarter, and a step further from a projected revenue […]
2022-1-30 22:47 | |
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“The market opportunity for bringing the Metaverse to life may be worth over $1 trillion in annual revenue and may compete with Web 2 companies worth ~$15 trillion in market value today. ” – Grayscale Metaverse report.
2021-12-9 15:00 | |
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Amid a flurry of companies reporting positive outcomes from their Bitcoin investments during the third quarter, digital payments giant Square has also reported $1.81 billion in Bitcoin-generated revenThe post Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price' appeared first on AMBCrypto.
2021-11-5 17:30 | |
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The firm said crypto trades made up a 41% share of its revenue in the Q2, and it was a “record period” for crypto trading on Robinhood but warned that level “may not occur in the future.” The post Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing first appeared on BitcoinExchangeGuide.
2021-10-10 17:13 | |
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Bitcoin miner revenue jumped 15. 8% in July to $971. 83 million. This increase in miner revenue came after three consecutive months of drop following the all-time high of $1. 75 billion in May. Daily bitcoin miner revenue (7DMA) is also on the rise since a low of $20.
2021-8-9 01:07 | |
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In May 2021, the US treasury department released a new report with some new guidelines that all businesses making $10 thousand or more inflows and outflows must report to the Internal Revenue Services.
2021-5-21 12:31 | |
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Coinspeaker Marqeta Files for IPO as COVID-19 Pandemic Stirs Boost in Revenue Taking into account Marqeta’s valuation in the private markets, where its shares are selling from $33 to $35 each, the company’s market cap post IPO may top $16 billion to $17 billion, a figure that will outpace the record set by Affirm.
2021-5-17 14:00 | |
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Leading crypto exchange Binance is under investigation by the US Department of Justice (DOJ) and the Internal Revenue Service (IRS). A report unveiled this news on May 13, citing people acquainted with the matter.
2021-5-14 17:22 | |
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Jack Dorsey’s Square revenue increased by a massive 266 percent in the first quarter of 2021, thanks to the company’s bitcoin (BTC) business. In an earnings call on May 7, Jack Dorsey made it clear that the company sees bitcoin (BTC) as the internet’s potential native currency and the team remains dedicated to making itRead More
2021-5-8 16:30 | |
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With NFT sales on the rise, news agency CNBC revealed that buyers and sellers could face taxes on such transactions. According to the company's wealth reporter, Robert Frank, the US Internal Revenue The post Those buying NFTs with Bitcoin or Ether may face tax surprise appeared first on AMBCrypto.
2021-3-18 01:30 | |
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According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […]
2021-2-4 12:20 | |
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Dan Dolev, an analyst with Mizuho, predicts PayPal to earn $2 billion in revenue by 2023 from Bitcoin alone, MarketWatch reported on Jan 15. Support for Cryptocurrencies is a Boost In late October, PayPal–a US-based payment processing company–announced their support for cryptocurrencies.
2021-1-18 22:00 | |
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Canada’s tax authority, the Canadian Revenue Agency (CRA) has been trying to seek out the country for anyone who may have made gains for trading crypto. There is a strong suspicion that many have not paid their taxes on their crypto earnings, and so CRA took legal action against crypto exchange Coinsquare in order to force it to hand over seven years of user data.
2020-11-7 11:24 | |
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Over the weekend, the Bitcoin network's hash rate hit an all-time high as it has repeatedly been doing since the May halving when it dropped about 40%. During this time, the monthly miner revenue jumped from about $280 million (subsidy plus transaction fees) in June to $368 million in August.
2020-10-20 16:06 | |
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The pullback in the value of Yearn.finance and Aave signals that the DeFi market may be oversold but increasing revenues of the top projects suggests otherwise.
2020-10-4 00:43 | |
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Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline.
2020-8-15 10:30 | |
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Square’s Bitcoin revenues increased 600% year-over-year and a blockchain-based voting system in Russia may have been hacked.
2020-8-5 19:05 | |
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Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low.
2020-7-17 16:33 | |
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Cryptocurrency exchanges hold a very crucial position in the industry. Indifferent to the price of cryptocurrencies in the market, these exchanges generate revenue from the trading fees paid by its usThe post Coinbase, Bitstamp's long-term plan may include lower trading fees appeared first on AMBCrypto.
2020-7-16 13:00 | |
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Today, big banks across the globe begin revealing quarterly revenue results that could send the stock market tumbling. And given Bitcoin’s continued correlation with the stock market, a devastating blow to the asset’s worst enemy may also drag crypto down with it.
2020-7-15 18:00 | |
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Gaming company Animoca has achieved a record in its Q1 revenue, which may have... The post Blockchain gaming company, Animoca, logs record Q1 revenue despite lockdown appeared first on Coin Journal.
2020-7-11 17:47 | |
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The crypto sphere was lit ablaze by news that PayPal and Venmo are both looking to roll out direct crypto trading capabilities to their users This comes as their competitor, CashApp, sees massive revenue inflows from its Bitcoin sales This is certainly a sign of growing retail adoption, and will place Bitcoin in front of the platform’s 325 million users scattered across the globe One prominent Bitcoin advocate is now noting that this marks the […]
2020-6-24 02:00 | |
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The Internal Revenue Service has already changed its deadlines to July 15, so if you are not ready to file your crypto taxes in a month, you should ask for an extension.
2020-6-16 20:00 | |
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London-based bitcoin miner Argo reported that a dip in revenue last month may have occurred due to the bitcoin halving.
2020-6-4 00:09 | |
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Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies.
2020-6-3 22:30 | |
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It’s been a brutal past two weeks for Bitcoin miners. After the block reward halving that transpired on May 11th, the revenue of BTC miners was effectively cut in half overnight. The number of coins issued per block fell from 12.
2020-5-26 15:00 | |
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There have been numerous efforts to bridge the gap between WordPress and cryptocurrency. A new venture by the Coil team can potentially put XRP into the hands of tens of millions of users. If Coil is to be believed, WordPress may be the gateway for future cryptocurrency and blockchain adoption.
2020-5-21 05:00 | |
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The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.
2020-5-7 23:37 | |
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Coinspeaker Masterсard (MA) Stock Drops 4% as Company Reports Coronavirus May Hit Its 2020 RevenueMasterCard Inc (MA) stock dropped after the reports about the potential influence of the coronavirus outbreak on the company’s revenue.
2020-2-26 17:06 | |
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With three months to go until Bitcoin's third halving, the entire crypto-community is anxious about what might happen to the king coin's price post the big event. There have been many narratives spun The post Bitcoin halving effect: Mining revenue may fall by $3.1B appeared first on AMBCrypto.
2020-2-23 22:30 | |
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Coinspeaker Alphabet (GOOGL) Stock May Rise as YouTube and Google Cloud Generate Good ProfitAlphabet Inc. shows incredible profits during the overall market depression. Google Cloud and YouTube are making a good contribution to the total revenue.
2020-2-19 15:20 | |
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The IRS’ guidelines on crypto tax reporting remain unclear, and may not be binding, per the analysis of the Government Accountability Office (GAO). Crypto Tax Reporting Guidelines Change Without Warning Reporting on ownership and gains from crypto assets remains unclear, as the IRS has not codified all of its opinions into Internal Revenue Bulletins.
2020-2-16 15:30 | |
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According to Coinmarketcap, a total of 5093 digital assets currently exist in the industry, at press time. This is a significant number since the larger crypto-community is involved in the investment The post High Ethereum fee revenue may improve its SoV credentials appeared first on AMBCrypto.
2020-2-6 14:30 | |
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Coinspeaker LVMH’s Sales Rose 12% in Q4 2019 but Coronavirus Outbreak May Seriously Affect RevenueLVMH achieved record profit in 2019. In the fourth quarter, the sales rose 12% to 15.
2020-1-29 14:29 | |
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Coinspeaker Visa Is Acquiring Fintech Startup Plaid in $5. 3 Billion DealThe acquisition of Plaid will bring benefits to both companies. It may add 100 basis points to Visa’s net revenue growth by 2021.
2020-1-14 14:03 | |
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With the U. S. Internal Revenue Service looking to enforce more stringent Bitcoin tax compliance, several stakeholders say Congress should step in to clarify the way virtual currencies should be treated for tax purposes.
2019-11-26 13:30 | |
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Contrary to its portrayed draconian stance on crypto taxes, the US Internal Revenue Service is playing fair. Exercising transparency in reporting numbers is the key, and may save crypto traders thousands in tax bills.
2019-11-8 20:00 | |
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One of the most significant events in Bitcoin’s lifetime is set to occur for the third time in May 2020. Will the halving event cause a crash or boom in the market? How will miners adjust to half of their revenue being cut? The halving of Bitcoin (BTC) and Bitcoin Cash (BCH) block rewards from […]
2019-11-2 18:22 | |
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A source within the Internal Revenue Service (IRS) has apparently confirmed the tax collection agency plans to send out a new batch of audit notices. The notices will be a follow-up to the 10,000 letters sent out in August.
2019-10-26 12:45 | |
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The Internal Revenue Service released its newest FAQ and guidelines on taxing US nationals for crypto transactions. The updated guidelines may come as a surprise to those that once rejoiced because of hard forks and the “free” coins that came with them.
2019-10-10 22:02 | |
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Darb Finance is a digital platform that allows users to earn money by being part of it. How so, you may wonder. By carrying out cryptocurrency trade on the Darb website, you can generate DARB tokens, which enable you to participate in Daily Revenue Share (DRS) once it hits midnight. Like in every market, hard […]
2019-10-9 08:28 | |
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After its initial letter campaign targeting crypto holders who may not have reported their gains or losses on their tax returns, the Internal Revenue Service's second round of letters targets those who may have misreported their crypto holdings on tax documents.
2019-8-15 00:21 | |
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Activision Blizzard appears to be struggling these days, as revenue and earnings fell compared to the same quarter last year. Let’s take a look at the headline numbers, and see what those metrics can tell us about Activision stock today and in the future.
2019-8-9 09:34 | |
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By now, most crypto investors know that the United States government has begun to crack down on the crypto industry, and has begun targeting those who have used Bitcoin and other crypto-assets for illicit crime.
2019-8-9 04:00 | |
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| Analogue Notcoin - TapSwap |
There are many different ways to quantify market sentiment. Looking at price action provides a very crude but effective gauge of the market’s feelings — if the price is going down, the market’s most likely bearish, and vice versa.
In the wake of new inflation data, the crypto market experienced $164. 52M in liquidations over the past 12 hours, with $119. 88M in long positions and $44. 64M in short positions being flushed out.
Bitcoin mining profitability is up 275% since before the May 2020 halving.
When it comes to mining various cryptocurrencies, there are many different factors to take into account. If it is not profitable to mine a currency at a specific moment, one’s best option is to either turn off the unit or mine something else.