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Coinbase Q3 revenue falls 5% to $674 million, but still beats expectations
Coinbase has released its shareholder letter for the third quarter of 2023, ending September 30th. Total revenue was $674 million, down 5% from last quarter. Net revenue was $623 million, down 6% sequentially. дальше »
2023-11-3 00:50 | |
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Rollbit ($RLB) Sees $38 Million Bets In September As Bulls Return, But Can This Alternative Provide Higher Returns After Raising $850,000?
Rollbit ($RLB) is up by a small 4% this week as the cryptocurrency starts to climb following a report that the platform is seeing widespread usage. The report stated that over $38 million was generated across the platform’s three revenue streams in September, showing increased adoption of its services. дальше »
2023-10-13 15:00 | |
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Dan Dolev sees Coinbase missing Q3 revenue estimates by 10%
Mizuho analyst forecasts up to $652 million in revenue for Coinbase in Q3. Dan Dolev continues to see sharp downside in the crypto stock to $27. Coinbase shares are already down roughly 35% versus their YTD high. дальше »
2023-10-4 19:41 | |
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Elon Musk Mulls Making Twitter X Pay-to-Play to Fight Back Against ‘Armies of Bots’
Elon Musk plans to introduce a nominal monthly fee for users of his rebranded Twitter platform, X, to deter bot activity and generate revenue following Twitter's reported $344 million loss. The post Elon Musk Mulls Making Twitter X Pay-to-Play to Fight Back Against ‘Armies of Bots’ appeared first on BeInCrypto. дальше »
2023-9-19 10:23 | |
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Top Analyst Predicts Bright Future for Rollbit – RLB Token Holders Set to Profit
The RLB token has seen impressive growth recently, generating $1. 35 million in casino revenue in just the last 24 hours according to Miles Deutscher. Deutscher, a respected analyst and trader in crypto and finance, noted the token’s remarkable revenue generation on X (Twitter). дальше »
2023-9-19 09:15 | |
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Friend.tech regains launch hype momentum as revenue hits $5.6M amid surge in usage
Friend. tech’s revenue hit $5. 6 million on Sept. 9, marking a 30-day high for the recently launched blockchain social networking platform, which has regained some of its lost momentum, according to Token Terminal data. дальше »
2023-9-11 02:00 | |
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How MakerDAO stands to generate millions in 2023
MakerDAO anticipated generating $150 million in revenue driven by Real World Assets (RWAs) and stability fees. While default risks loom, MakerDAO's development activity remained robust. The The post How MakerDAO stands to generate millions in 2023 appeared first on AMBCrypto. дальше »
2023-9-6 19:30 | |
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Bitcoin miner Canaan’s mining revenue rose 43% in Q2
Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73. 9 million, increasing by 33. 7% compared to Q1, 2023. дальше »
2023-8-29 15:23 | |
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Bitcoin mining revenue just edges past year-long average
Quick Take Bitcoin miner revenue currently stands at approximately $25. 5 million, marginally surpassing the 365-day Simple Moving Average (SMA) of $22. 5 million. This financial situation draws noteworthy similarities to the pattern seen in 2019 during the previous bear market when the revenue eventually dipped below the 365 SMA, prompting speculations about potential parallels in trends. дальше »
2023-8-29 13:00 | |
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Sports betting revenue is soaring as Chancer sale nears $1.4M
Sports betting and gambling companies published strong financial results. Chancer token has raised almost $1. 4 million in the past few weeks. Sports betting and gambling revenue jumped in the first half of the year as demand for the services rose. дальше »
2023-8-16 23:12 | |
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Bitcoin miner Hut 8 revenue declined by $18.3 million in Q2
Hut 8 posted revenue of $14. 3 million (19. 2 Canadian Dollars), which had fallen $18. 3 million during the quarter compared to Q1, 2023. The company mined 399 Bitcoin (BTC) but sold a total of 396 BTC for $10. дальше »
2023-8-15 16:22 | |
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Riot increases Bitcoin production by 27%
Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success.… дальше »
2023-8-10 17:08 | |
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Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025
Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8. дальше »
2023-8-10 11:36 | |
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Bitcoin Mining Company Marathon Digital Reports $21.3M Loss For Q2
Marathon Digital, one of the largest Bitcoin miners, has announced a net loss of $21.3 million for the second quarter of the year. Bitcoin Mining Company Marathon Digital Made $81.8 Million In Q2 Revenue In a new press release, Marathon Digital has revealed the results of the company’s performance during the second quarter of 2023 […] дальше »
2023-8-9 17:00 | |
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How Coinbase has fared against the turbulent U.S. regulatory landscape
Coinbase scooped up a portion of the business from its nearest rivals like Binance. US. Coinbase reported a total revenue of $708 million in Q2, a fall of 8% from the previous quarter. NavigaThe post How Coinbase has fared against the turbulent U. дальше »
2023-8-5 00:30 | |
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Coinbase’s Q2 Earnings Report Shows The Crypto Exchange Performed Better Than Expected
Coinbase, the largest cryptocurrency exchange in the United States, in its second quarter earnings report, announced a total revenue of $708 million for the second quarter of the year. The platform’s revenue in Q2 exceeds market estimates by over 12%, although interest income generated from USDC stablecoin amounted to $151 million, down by about 24% […] дальше »
2023-8-4 23:00 | |
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Coinbase Q2 report exceeds analyst expectations despite legal battle with SEC
Coinbase released its financial results for the second quarter of the year, beating the analysts’ expectations. The company reported $663 million in net revenue, which is down by 10% compared to the same period last year. Coinbase also disclosed an… дальше »
2023-8-4 13:56 | |
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Coinbase reports $708M in quarterly revenue but overall net loss ahead of Base launch
Cryptocurrency exchange Coinbase published its Q2 earnings report on Aug. 3 and reported significant revenue despite overall losses. Coinbase said it saw $708 million in total revenue, marking a decline of 8% quarter-over-quarter (Q/Q), and $663 million in net revenue, marking a decline of 10% Q/Q. дальше »
2023-8-4 08:00 | |
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Robinhood Sets New Low For Crypto Transaction Revenue With $31 Million Loss
After-hours trading on Wednesday saw a nearly 7% decline in shares of Robinhood after the online broker announced a profitable quarter for the first time as a publicly traded firm, but witnessed a decline in monthly active users, dealing a blow to its crypto balances. дальше »
2023-8-3 18:05 | |
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Robinhood’s crypto revenue visibly declined in 2023
Robinhood Q2 results showed a profit for the first time since going public, but crypto revenue declined in the same quarter. Robinhood’s revenue from cryptocurrency transactions fell 18% to $31 million, according to a quarterly report released on Aug. 2.… дальше »
2023-8-3 17:20 | |
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Bitcoin miners face uncertain future as block space declines
Bitcoin block space recently dropped to around 200 million. Bitcoin miner revenue also declined to around 2%. Bitcoin [BTC] miners have encountered a whirlwind of events that shaped their feThe post Bitcoin miners face uncertain future as block space declines appeared first on AMBCrypto. дальше »
2023-7-29 00:30 | |
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Ethereum Daily Users Plunge Amid Declining Network Revenue
The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1. 27 billion to $847 million during Q2, representing a staggering 33. дальше »
2023-7-22 21:00 | |
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Ethereum network revenue lost over 33% in Q2 amid lean DeFi market
The latest Bankless report indicates that Ethereum network revenue plummeted to $847 million from $1. 27 billion during Q2 2023. The figure represented a notable 33. 3% decline. Also, the second-largest blockchain by market cap recorded plunged daily active users. дальше »
2023-7-20 11:22 | |
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Tesla reports no change to $184M Bitcoin holdings amidst record $25B revenue
Tesla reported no change to its digital asset holdings during its Q2 2023 investor report, as seen in its shareholder deck on July 19. That document indicates that Tesla held $184 million worth of digital assets on June 30, the same amount that it held at the end of March 2023 and December 2022. дальше »
2023-7-20 03:35 | |
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Riot’s Power Strategy Pays Off: $10 Million In Revenue While Mining 460 Bitcoin In June
Riot Platforms, a leading Bitcoin mining and data center hosting company, has announced its unaudited production and operations updates for June 2023. Despite challenging conditions due to extreme heat and high power demand in Texas, the firm was able to mine 460 BTC while significantly leveraging its power strategy. дальше »
2023-7-8 23:00 | |
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Bitcoin Miners Deposit 315% Of Daily Revenue To Exchanges
On-chain data shows that Bitcoin miners have deposited around 315% of their daily revenue to exchanges recently, a new all-time high. Bitcoin Miners Have Sent $128 Million To Exchange Addresses According to data from the on-chain analytics firm Glassnode, the Bitcoin miners have sent a record amount of their revenue to exchanges recently. The relevant […] дальше »
2023-6-27 18:30 | |
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Robinhood Acquires Credit Card Startup X1, Will Its Crypto Trading Volume Be Improved?
Robinhood, a well-known cryptocurrency and stock trading website, plans to expand its products significantly. It intends to acquire X1, a credit card company. This $95 million decision promises to provide the company with an extra revenue stream and strengthen its existing user base. дальше »
2023-6-24 05:00 | |
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Sotheby’s NFT Sale Fetches $11M as Bankrupt 3AC Liquidates Digital ‘Grails’
Sotheby's sale of Dmitri Cherniak's Ringers #879, along with other NFTs, contributed to a total of nearly $11 million in revenue for bankrupt 3AC. Notably, it became the second-highest generative art sale thus far, underscoring the increasing importance of NFTs in the art market. дальше »
2023-6-16 14:02 | |
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Exodus sees Q1 revenue drop to $13M but reports high customer loyalty
Crypto wallet company Exodus published its Q1 report on June 8, reporting over $13 million in revenue and its active users remained largely consistent and only saw a small decline. Exodus Movement Inc. дальше »
2023-6-9 02:48 | |
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Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M
Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to miners is currently around 70 Bitcoin per day, $1. 8 million. Before Ordinals and BRC-20 tokens became a thing this year, on average, miners received around 20 Bitcoin daily. дальше »
2023-6-3 17:00 | |
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Cleanspark fiscal year revenue crosses $100M amid expansion plans
Bitcoin (BTC) miner CleanSpark’s fiscal year-to-date revenue crossed $100 million in May as its BTC production exceeded expectations, according to a June 2 statement. CEO Zach Bradford noted that these milestones were achieved even though most of its expansion plans were expected later this year. дальше »
2023-6-2 21:36 | |
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Miner earnings from Bitcoin fees decline 90% from peak of BRC-20 frenzy
Bitcoin miners’ revenue from fees dropped 90% since the BRC-20 peak, from $17. 8 million daily to $1. 7 million per day as of 29 May, 2023. However, current levels remain within historical levels with only 310 out of 4674 trading days having seen greater fees. дальше »
2023-5-30 20:02 | |
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Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines
Bitcoin (BTC) miner Canaan reported a 3. 3% increase in its mining revenue for the first quarter, according to a May 26 statement. Mining revenue According to Canaan, it generated $11. 1 million in mining revenue between January 1 and March 31. дальше »
2023-5-27 21:00 | |
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Nike NFT Sale Surmounts Technical Issues to Hit $1 Million in Revenue
Coinspeaker Nike NFT Sale Surmounts Technical Issues to Hit $1 Million in Revenue Although the first round was originally proposed to last for only two days, technical glitches and delays caused it to drag through nine days. дальше »
2023-5-26 13:19 | |
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Shiba Inu [SHIB] and PancakeSwap’s [CAKE] burn rate skyrockets; this is the outcome
SHIB’s burn rate went up by over 26,000% in the last 24 hours, while CAKE burned tokens worth $16 million. CAKE increased burn rate resulted in an increase in trading fees, but its revenue reThe post Shiba Inu [SHIB] and PancakeSwap’s [CAKE] burn rate skyrockets; this is the outcome appeared first on AMBCrypto. дальше »
2023-5-17 23:30 | |
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Tron [TRX] Q1 report: DeFi expands, transactions reach 7 million, and more
Tron saw growth in some of its key ecosystem metrics in Q1 2023. The network's revenue also experienced a jump. A new report from Messari revealed that leading blockchain Tron [TRX], home toThe post Tron [TRX] Q1 report: DeFi expands, transactions reach 7 million, and more appeared first on AMBCrypto. дальше »
2023-5-11 01:30 | |
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Robinhood saw $38M in crypto transaction revenue in Q1 2023
Stock and crypto trading platform Robinhood published its Q1 2023 results on May 10. The company said that its cryptocurrency transaction revenues fell 1% sequentially to $38 million, even as overall transaction revenue increased by 11%. дальше »
2023-5-11 01:11 | |
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Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2
Coinbase said May 4 that its net revenue increased by 22% quarter over quarter to $736 million and its operating expenses fell by 24% from the previous quarter. The reduction in operating expenses is related to the fact that the company laid off 950 employees in January. дальше »
2023-5-5 23:46 | |
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