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NVIDIA reports record $13B revenue in Q2 2023 as AI tech industry booms
NVIDIA reported record revenue in its latest earnings report on Aug. 23. The chip giant revealed that it brought in a record-breaking $13. 51 billion in revenue in Q2 2023, up 101% from one year ago and up 88% from last quarter. дальше »
2023-8-24 01:20 | |
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As Bitcoin's price declines, miner revenue faces the music
Bitcoin's price drop impacted miners, with declining revenue and rising hashrate. Retail interest in Bitcoin remained strong amid market fluctuations. In the last few days, the price of BitcThe post As Bitcoin's price declines, miner revenue faces the music appeared first on AMBCrypto. дальше »
2023-8-23 22:30 | |
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Indian crypto exchange CoinDCX cuts staff amid bear market
CoinDCX, a top Indian cryptocurrency exchange, is slashing 12% of its staff as a prolonged bear market and the nation’s tax policies impact revenue. Founded in 2018 by Neeraj Khandelwal and Sumit Gupta, the Mumbai-based cryptocurrency exchange employs approximately 590… дальше »
2023-8-22 15:51 | |
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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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Polygon 2.0 can be a game changer for MATIC and the evidence is convincing
Polygon’s network fees and revenue witnessed a decline over the last few weeks MATIC’s weekly chart turned green, and bullish sentiment increased Over the past three months, Polygon’The post Polygon 2. дальше »
2023-8-15 10:30 | |
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A look at Arbitrum as L2 competition rises
Arbitrum's L2 dominance was challenged by the rise of Base and Optimism, altering the L2 landscape. Base surged in TPS and revenue, signaling growing competition and the potential shift in hierThe post A look at Arbitrum as L2 competition rises appeared first on AMBCrypto. дальше »
2023-8-14 19:30 | |
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Winds Of Change: Bitcoin Miner Riot Sees Substantial Increase In BTC Holdings
Bitcoin mining has been up by a considerable fraction this year, as the blockchain network recorded a new all-time high in hash rate in the second quarter of the year. Mining revenue is also up, as the bitcoin Bitcoin recorded a spike in transaction volume. дальше »
2023-8-14 19:00 | |
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Hut 8 grapples with revenue fall, Bitcoin mining output in challenging Q2 2023
Hut 8 Mining Corp, the U. S. digital asset mining company, has released its financial results for Q2 2023, ending on June 30. The disclosed statistics present a challenging quarter for the corporation, marked by decreased mining output and a notable fall in revenue. дальше »
2023-8-14 17:00 | |
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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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Here's what's keeping Bitcoin below the $30,000-mark
Bitcoin's price stabilized around $29,000-$30,000 amidst market volatility Seller-taker volume and declining miner revenue surfaced as potential reasons for price suppression Amidst the backThe post Here's what's keeping Bitcoin below the $30,000-mark appeared first on AMBCrypto. дальше »
2023-8-13 17:30 | |
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XRPL Ecosystem With Impressive Gains: Sidechain Success and Revenue Growth
According to a new report by crypto analytics company Messari, the XRPL ecosystem, underpinned by the XRP Ledger, has recently experienced tremendous growth and accomplishments. Despite sharing a slight decline in Q2, the circulating market cap of XRP has seen an impressive year-to-date (YTD) increase of 42. дальше »
2023-8-13 20:54 | |
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Huawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges
Coinspeaker Huawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges Despite the US sanctions and the current economic situation in China, Huawei has continued to innovate and diversify. дальше »
2023-8-14 14:50 | |
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As whales rally around DAI, what does MakerDAO's future hold?
DAI's surging popularity attracted influential whales. Robust growth seen in DAI issuance; revenue generated by the protocol rose as well. The cryptocurrency landscape has been no stranger tThe post As whales rally around DAI, what does MakerDAO's future hold? appeared first on AMBCrypto. дальше »
2023-8-11 22:30 | |
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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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First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »
2023-8-10 15:18 | |
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Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion
Riot Platforms, Inc. reported a significant revenue increase driven by heightened Bitcoin production. The firm has positioned itself for robust financial growth and hash rate expansion. RiotThe post Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion appeared first on AMBCrypto. дальше »
2023-8-10 14:30 | |
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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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CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. дальше »
2023-8-10 01:38 | |
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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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Is 2023 The Year of Meme Coins? These 3 Meme Tokens Are Going to Outperform The Market
If there’s one type of token that has had a highly successful 2023, it’s meme coins. Just take a look at the likes of PEPE, which brought so much revenue for holders. The crypto community is eager to find the next such token, and there are currently a few out there that are showing the […] The post Is 2023 The Year of Meme Coins? These 3 Meme Tokens Are Going to Outperform The Market appeared first on CaptainAltcoin. дальше »
2023-8-8 21:00 | |
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Bitcoin: Will low volatility boost trader optimism?
Bitcoin's declining volatility prompted increased trader interest. The drop in miner revenue raised selling pressure concerns, while long-term holder supply rose. Bitcoin [BTC] has not been The post Bitcoin: Will low volatility boost trader optimism? appeared first on AMBCrypto. дальше »
2023-8-8 09:30 | |
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Is Aave in the clear following the Curve hack?
Aave was no longer at risk due to liquidation at the time of writing. Revenue on the protocol continued to rise as AAVE's prices recovered. The recent security breach on Curve had far-reachiThe post Is Aave in the clear following the Curve hack? appeared first on AMBCrypto. дальше »
2023-8-7 14:30 | |
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Cardano: Why did users decline in Q2?
Network activity suffered a decline on Cardano in Q2. Meanwhile, DeFi TVL and network revenue rallied. Layer-1 smart contract network Cardano [ADA] saw a slight decline in network activity dThe post Cardano: Why did users decline in Q2? appeared first on AMBCrypto. дальше »
2023-8-6 01:30 | |
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Bitcoin Payment Firm Block Notches 34% Increase In BTC Revenue This Year
The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5. 5 billion in revenue overall. дальше »
2023-8-5 21:00 | |
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BNB flips XRP while BNB Chain prepares mainnet upgrade
BNB Chain’s fees and revenue have been declining for several weeks. Though BNB flipped XRP, the former’s market indicators were not bullish. BNB Chain [BNB] has witnessed a decline iThe post BNB flips XRP while BNB Chain prepares mainnet upgrade appeared first on AMBCrypto. дальше »
2023-8-5 04:30 | |
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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 sees more revenue from subscriptions, services than fees
Coinbase, the largest cryptocurrency exchange in the U. S. , recorded more revenue from subscriptions and services than transaction fees in Q2 2023. The pivot is evident in data from Kaiko that suggests a significant dip in transactional revenue from Q3 2022 onwards. дальше »
2023-8-4 14:07 | |
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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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Robinhood Trading Volume Drops 18% After Delisting SOL, ADA, and MATIC
Robinhood’s just released its second-quarter financial results, showing transaction trading revenue on the platform dropped about 18% from Q1. This comes about a month after Robinhood made the decision to delist Solana (SOL), Cardano (ADA), and Polygon (MATIC) in light of the SEC lawsuit against Binance and Coinbase. дальше »
2023-8-4 13:00 | |
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Coinbase Beats Earnings Estimates With $708M Total Revenue for Q2
Coinbase reported Q2 2023 net revenue of $663m, beating analyst expectations and marking a total revenue of $708m, despite an 8% drop from the previous quarter due to low crypto volatility. The post Coinbase Beats Earnings Estimates With $708M Total Revenue for Q2 appeared first on BeInCrypto. дальше »
2023-8-4 08:27 | |
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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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Coinbase reports a 13% sequential decline in transaction revenue
Coinbase reported its second-quarter financial results on Thursday. Berenberg analyst Mark Palmer sees downside in “COIN” to $39. Coinbase stock has nearly tripled since the start of the year 2023. дальше »
2023-8-4 02:52 | |
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