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Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
1.8.2024
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period
Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
1.8.2024
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
1.8.2024
Coinbase (COIN) reported second-quarter earnings on Thursday
Elon Musk accepts challenge to fight president of Venezuela
1.8.2024
After ducking Mark Zuckerberg, Musk has now agreed to fight 61-year-old Nicolas Maduro on live TV
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
31.7.2024
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady:...
Tron Outpaces Ethereum in Revenue Despite ETH ETF Launch
30.7.2024
Since Bitcoin began its path to recovery and surged over $62,000, the Altcoins quickly followed suit, showing tremendous growth. However, in an interesting turn of events, DefiLlama data shows that Tron has dethroned Ethereum in revenue generation. This is despite the recent launch of spot ETH ETFs...
Tron surpasses Ethereum: $1.42M revenue in 24 hours
30.7.2024
Tron’s revenue surpasses Ethereum since July 23, with $1.42 million generated in 24 hours compared to Ethereum’s $844,276
Microsoft investors’ fears escalate over AI’s slow payoff
30.7.2024
Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence, despite Azure's steady growth
Pump.fun flips Ethereum in 24-hour revenue generation — DefiLlama
29.7.2024
The Solana memecoin creation tool’s cumulative fee revenues are approaching $75 million, according to DefiLlama
Google parent Alphabet profit surges 29% in Q2 amid AI splurge
24.7.2024
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business
Google parent Alphabet profit surges 29% in Q2 amid AI splurge
24.7.2024
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth
16.7.2024
The decentralized GPU network puts unused capacity to work for gaming, AI, smartphones and edge computing
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
13.7.2024
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate is still just under...
NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue
13.7.2024
Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue. Weekly Digital Collectibles Sales Slide Following...
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
7.7.2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty...
UBS Executive Highlights AI’s Impact on Banking
6.7.2024
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...