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Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase
29.2.2024
Marathon Digital, a prominent Bitcoin mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profitability.
The post Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase appeared first...
TON Rockets Nearly 40% After Telegram Says Will Share Ad Revenue Via Ton Blockchain
28.2.2024
The Telegram Ad network will open to advertisers in March, founder Pavel Durov said in a broadcast on his official channel
IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts
28.2.2024
The Internal Revenue Service (IRS) said on Tuesday that it hired two crypto industry executives — Sulolit “Raj” Mukherjee and Seth Wilks — to aid in digital asset reporting, compliance, and enforcement programs.
The post IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts...
Bitcoin Price Prediction as BTC Steady Over $51,000 After NVIDIA Earnings Report – New Rally Starting?
23.2.2024
NVIDIA's earnings surge breathes new life into Bitcoin's price prediction talks, as the tech titan's record revenue hints at a bullish horizon for BTC.
The post Bitcoin Price Prediction as BTC Steady Over $51,000 After NVIDIA Earnings Report – New Rally Starting? appeared first on Cryptonews
Coinbase Transaction Revenue Hits New High, Surpassing Q4 Expectation – Crypto Adoption Rising?
16.2.2024
In its quarterly report to shareholders, Coinbase posted a 64% jump in transaction revenue to take in $529.3 million in Q4, 2023. The increase in transactions was due to anticipation for the launch of spot Bitcoin exchange-traded funds (ETFs). Widely considered an important step in Bitcoin’s...
Bitcoin Price Prediction Rallies as Coinbase Profits Soar, ETFs Drive $1T Market
16.2.2024
Bitcoin price prediction continues to be bullish amid Coinbase Global’s revelation of its first quarterly profit in two years, buoyed by the SEC’s approval of Bitcoin ETFs, underscores a significant moment for the cryptocurrency market. This development, alongside a 57% surge...
Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings
13.2.2024
The shares of the popular trading platform rose 15% after beating earnings and revenue estimates
CoinShares Records $42 Million Revenue in Q4 2023 – Crypto Adoption Rising?
13.2.2024
Digital assets management firm CoinShares reported $42 million in revenues and gains in the last quarter of 2023 following a positive swing in the market. The company disclosed the recent financial statements in its Q4 2023 report, showing an increase in year-on-year performance and adoption...
Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)
12.2.2024
Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
DeFi Market Forecast: A $18.28 Billion Explosion by 2027
9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...
Socialfi’s Shining Star Friend.tech Dims: A Tale of Decline and Disinterest
4.2.2024
Just a few months back, social finance (socialfi) platforms were the talk of the town, with Friend.tech leading the charge amidst surging popularity. Yet, as the curtains closed on October 2023, this once-celebrated socialfi platform witnessed a sharp decline in user engagement, and data from...
Meta’s Reality Labs Reports $4.65 Billion Operating Loss in Q4 2023 as Metaverse Efforts Continue
2.2.2024
Meta subsidiary Reality Labs, which focuses on the development of the metaverse, recorded a significant operating loss of over $4.6 billion in the fourth quarter of 2023. In its fourth-quarter report, released on February 1, Meta revealed that Reality Labs reported a loss of $4.65 billion during...
Which Steam games 'won' revenue again in 2023?
29.1.2024
Also: Deep Rock Galactic's 2023 stats & all kinds of discovery news
Bitcoin’s Hashrate Rebounds From January Dip as Miners Eye Upcoming Difficulty Adjustment
27.1.2024
Bitcoin’s cumulative hashrate witnessed notable swings starting in late December, with a pronounced decline occurring in mid-January. This decrease was primarily attributed to the severe cold in Texas, leading many miners to pause their operations temporarily. By Jan. 21, 2024,...
IRS Revises Digital Asset Question on Tax Forms
25.1.2024
The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers, not just by those who engaged in a transaction...
Indonesia Sees Sharp Decline in Crypto Tax Revenue, Falling 63% in 2023
24.1.2024
The Indonesian government has reported a significant decline in crypto tax revenue for 2023, amounting to $31.7 million (Indonesian Rupiah 467.27 billion), according to a report by local news outlet Kontant. The fall marks a sharp 63% drop compared to the partial collection period in 2022 when...
US IRS Reminds Taxpayers to Report all Crypto-Related Income
24.1.2024
Source:Adobe The US Internal Revenue Service (IRS) has issued a reminder to all taxpayers to report any crypto-related income. The tax regulator has included a digital asset question on 2023 tax return Form 1040. The question asks taxpayers to report cryptos received in 2023 as a reward, award...
Indonesia's Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin's Surge
24.1.2024
The country's tax revenue in 2023 was substantially lower than 2022, when the tax regime was introduced
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears
20.1.2024
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $10, with a single exception occurring when it briefly fell...