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XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs
20.5.2024
The XRP Ledger (XRPL) has experienced an increase in transaction activity, with the number of transactions more than doubling from the fourth quarter of 2023 to the end of the first quarter of 2024.
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PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals
19.5.2024
The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows.
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Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report
18.5.2024
Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter.
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VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in Q1
14.5.2024
VanEck's spot Bitcoin ETF HODL reports substantial asset growth in the first quarter of 2024, with total holdings reaching approximately $619 million in Bitcoin and a net realized gain of $6 million.
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Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
10.5.2024
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024.
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Crypto Lender Ledn Sees Strong Q1 Performance with $690M in Loans, Driven by US Spot Crypto ETF Adoption
9.5.2024
Crypto lender Ledn revealed loans statistics for the first quarter on Thursday, surpassing all previous quarters since its inception in 2018.
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Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
9.5.2024
Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm's inception in 2018
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
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Robinhood Reports 224% Surge in Crypto Trading Volumes in Q1
9.5.2024
Popular trading platform Robinhood has experienced a substantial increase in crypto trading volumes during the first quarter, with a surge of 224% to reach $36 billion.
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Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
9.5.2024
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter
First quarter crypto deals raise $2.5bn, a ‘lacklustre’ 29% gain
6.5.2024
The cryptocurrency industry has suffered a plunging situation for three quarters in a row, but has remarkably made a comeback. In Q1, a year ago, a record number of crypto companies raised about $2.5 billion in venture capital. This represents a massive leap of 29% in financial investment, as well...
Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts
3.5.2024
The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said
Coinbase Reports Impressive Q1 Revenue of $1.6 Billion, Up 72% Quarter-on-Quarter
3.5.2024
Coinbase has reported a remarkable revenue of $1.6 billion in the first quarter of the year, representing a substantial 72% increase compared to the previous quarter.
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Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations
2.5.2024
Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, a staggering 1,000% increase compared to the same period last year.
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MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
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Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY
19.4.2024
The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year quarterly revenue growth rate of 155%.
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Web3 Funding Sees Uptick in Q1 as Startups Secure Nearly $1.9B: Crunchbase
18.4.2024
Despite Web3’s challenging journey in recent years, funding for the sector bounced back in the first quarter this year. It marks the first increase since the final quarter of 2021, a Crunchbase report published Thursday showed.
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South Korean Won Saw $456B in Crypto Trades in Q1, Overtaking US Dollar
17.4.2024
The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024.
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Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm
8.4.2024
The latest mergers and acquisitions (M&A) and financing activities in the cryptocurrency sector through the first quarter of 2024 are up 22%, according to a new research note from Architect Partners.
The post Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm...
8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...