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Nalezeno "revenue drop": 14

Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving

4.6.2024
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production...

Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

1.6.2024
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24...

Bitcoin mining revenue hits post halving yearly low

6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024

Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop

25.4.2024
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial...

Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO

6.3.2024
Binance's US arm imploded following SEC allegations regarding violations of securities law, according to the subsidiary’s COO Christopher Blodgett. The post Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO appeared first on Cryptonews

Coinbase Faces a Crucial Week: Potential 30% Revenue Drop Looms – Here’s Why

16.1.2024
Crypto exchange Coinbase risks losing one-third of its total revenue due to ongoing legal pressure from federal regulators, according to several analysts familiar with the matter. In comments shared with Finance Feeds, Mizuho Securities analyst Dan Dolev explained that a poor court ruling shortly...

Robinhood eyes European expansion amid Q3 revenue drop

8.11.2023
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform

Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4

7.3.2023
The firm's revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022

Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter

21.2.2023
Coinbase is expected to report a steep decline in its revenue for the last quarter of 2022 as transactions plummeted and crypto prices dropped to record low levels. Coinbase is set to report results for the latest quarter of 2022 after the market close on Tuesday. Wall Street analysts expect the...