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IRS investigating American crypto exodus to Puerto Rico
The U. S. Internal Revenue Service (IRS) is pursuing tax dodgers who abused Puerto Rico’s tax structures, Bloomberg reported on July 12. Puerto Rico has offered significant tax incentives to cryptocurrency traders, hedge fund managers, and other American investors since 2012. дальше »
2023-7-13 01:00 | |
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AAVE is up 56% from June lows, DAO expects more revenue in H2 2023
AAVE prices are firm, adding 56% from June 2023 lows. Voting is in progress to deploy GHO on mainnet дальше »
2023-7-12 18:38 | |
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How miner revenues are shaping Bitcoin's July prospects
Bitcoin miner revenue reflects the improving state of BTC but slow phases are expected. Bitcoin miner sentiments improve in favor of the upside. Is Bitcoin headed for another low volatility The post How miner revenues are shaping Bitcoin's July prospects appeared first on AMBCrypto. дальше »
2023-7-12 01:30 | |
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Will Bitcoin's declining exchange volumes spell trouble?
Exchange inflow declined significantly despite BTC's high prices. Miner revenue fell as hashrate increased. Bitcoin [BTC] has observed quite a rally over the last few weeks, with prices pushThe post Will Bitcoin's declining exchange volumes spell trouble? appeared first on AMBCrypto. дальше »
2023-7-11 22:30 | |
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Has Solana moved on from its fiasco with Sam Bankman-Fried?
Solana's TVL has fallen by 97% since November 2021. Network fees and revenue have fallen steeply in the last year. The DeFi TVL of Layer 1 (L1) blockchain Solana [SOL] has returned to its ApThe post Has Solana moved on from its fiasco with Sam Bankman-Fried? appeared first on AMBCrypto. дальше »
2023-7-11 21:30 | |
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Ethereum: Will declining activity hinder growing revenue?
Ethereum observed a spike in revenue over the last quarter. However, NFT volumes surged as floor prices for blue chip NFTs fell. Despite experiencing volatility in the past year, the EthereuThe post Ethereum: Will declining activity hinder growing revenue? appeared first on AMBCrypto. дальше »
2023-7-11 14:30 | |
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Bitcoin miners might face this certain double whammy
The portion of miner revenue derived from transaction fees plunged to a 4-month low. Bitcoin network's hashrate hit an all-time high, requiring more investment in mining equipment. The forThe post Bitcoin miners might face this certain double whammy appeared first on AMBCrypto. дальше »
2023-7-11 23:30 | |
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DeFi hack: Arcadia Finance hit by exploit on Optimism, Ethereum
Exploiter attacked Arcade Finance on both the Ethereum and Optimism networks. Optimism network saw an uptick in activity; however, revenue continued to decline. Arcadia Finance, a non-custodThe post DeFi hack: Arcadia Finance hit by exploit on Optimism, Ethereum appeared first on AMBCrypto. дальше »
2023-7-10 11:30 | |
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Justin Sun's on-chain behavior stokes fear among Lido investors as...
Justin Sun redeemed a large amount of stETH, interest in the token starts to wane. Lido protocol manages to do well in terms of activity and revenue. Even though the Total Value Locked (TVL)The post Justin Sun's on-chain behavior stokes fear among Lido investors as... appeared first on AMBCrypto. дальше »
2023-7-10 01:30 | |
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Bitcoin: Transaction value surges despite...
Miner revenue on the Bitcoin network fell between May and June. As BTC traded in a narrow range, buying momentum withered. Bitcoin [BTC] miner revenue has experienced a decline on a month-ovThe post Bitcoin: Transaction value surges despite... appeared first on AMBCrypto. дальше »
2023-7-9 01:30 | |
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Riot’s Power Strategy Pays Off: $10 Million In Revenue While Mining 460 Bitcoin In June
Riot Platforms, a leading Bitcoin mining and data center hosting company, has announced its unaudited production and operations updates for June 2023. Despite challenging conditions due to extreme heat and high power demand in Texas, the firm was able to mine 460 BTC while significantly leveraging its power strategy. дальше »
2023-7-8 23:00 | |
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MicroStrategy’s Chief Revenue Officer Steps Down From Role
MicroStrategy, a renowned American business intelligence firm, has garnered attention for its notable Bitcoin investments. However, the most recent reason the company is in the spotlight once more is not for its BTC investments. дальше »
2023-7-7 21:00 | |
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Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein
Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said. дальше »
2023-7-7 10:52 | |
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Lido showcases skin in the game, stakes its ETH treasury reserves
Lido staked all its ETH treasury holdings as activity and revenue on the protocol rose LDO's price hiked on the back of bullish momentum Ever since the Shanghai Upgrade, the interest in stakThe post Lido showcases skin in the game, stakes its ETH treasury reserves appeared first on AMBCrypto. дальше »
2023-7-4 08:30 | |
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GMX has had a good month, but does that work for Avalanche?
GMX has managed to accumulate significant revenue due to high activity on the network Avalanche benefits from the traction brought on by GMX and other DeFi dApps, however, fails to attract userThe post GMX has had a good month, but does that work for Avalanche? appeared first on AMBCrypto. дальше »
2023-7-3 19:30 | |
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Kraken receives court order to turn over customer data to IRS
Crypto exchange Kraken has been asked by the Internal Revenue Service (IRS) through a federal court order to provide account and transactional information. According to the June 30 court filing, the IRS needs the information on Kraken accounts that traded… дальше »
2023-7-2 14:16 | |
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Kraken Ordered To Unveil Customer Data In IRS Crypto Tax Probe – What’s At Stake?
Kraken, the renowned digital currency exchange based in San Francisco, has been served with a court directive by a United States judge, compelling the disclosure of customer information to the Internal Revenue Service. дальше »
2023-7-2 14:01 | |
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Kraken ordered to provide IRS with user data
Kraken has been ordered to provide information about its users to the Internal Revenue Service (IRS), according to a June 30 court filing. Users who traded $20K affected The filing says that Kraken must provide the IRS with identifying information about users that traded at least $20,000 worth of cryptocurrency over a one-year period. дальше »
2023-7-1 03:02 | |
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Five Marketing Strategies for Crypto Casinos That Actually Work and Boost Revenue
Marketing strategies play a crucial role in the success of any business, including crypto casinos. With the rising popularity of cryptocurrencies and online gambling, crypto casinos face fierce competition in attracting and retaining customers. дальше »
2023-6-30 13:31 | |
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BTC's declining hashrate could mean this for miners and traders
Decline in Bitcoin hashrate raises concerns about network security and centralization. Diminishing miner revenue may lead to increased selling pressure on BTC. The highly volatile nature of The post BTC's declining hashrate could mean this for miners and traders appeared first on AMBCrypto. дальше »
2023-6-30 08:30 | |
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What BTC's declining hashrate means for miners, traders
Decline in Bitcoin hashrate raises concerns about network security and centralization. Diminishing miner revenue may lead to increased selling pressure on BTC. The highly volatile nature of The post What BTC's declining hashrate means for miners, traders appeared first on AMBCrypto. дальше »
2023-6-30 08:30 | |
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Polygon: Can gaming support MATIC's dwindling metrics
Polygon’s fees and revenue plummeted over the last 90 days. Supply distribution was bearish, but open interest declined. Polygon’s [MATIC] network stats have stagnated over the past feThe post Polygon: Can gaming support MATIC's dwindling metrics appeared first on AMBCrypto. дальше »
2023-6-29 23:30 | |
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Bitcoin Miners Send 315% Of Daily Revenue To Exchanges Recording High Interaction
In the fast-paced world of Bitcoin mining, recent unusual activity has caught the attention of cryptocurrency watchers. Particularly, a surge in exchange interactions has been observed, with Bitcoin miners sending a record amount to exchanges. дальше »
2023-6-28 15:00 | |
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Bitcoin Miners Deposit 315% Of Daily Revenue To Exchanges
On-chain data shows that Bitcoin miners have deposited around 315% of their daily revenue to exchanges recently, a new all-time high. Bitcoin Miners Have Sent $128 Million To Exchange Addresses According to data from the on-chain analytics firm Glassnode, the Bitcoin miners have sent a record amount of their revenue to exchanges recently. The relevant […] дальше »
2023-6-27 18:30 | |
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Bitcoin: Will rising miner revenue send BTC packing?
Bitcoin Ordinals NFTs dominated at press time, accounting for a majority of transaction activity on the Bitcoin network. Declining miner revenue and increased miner difficulty posed challenges The post Bitcoin: Will rising miner revenue send BTC packing? appeared first on AMBCrypto. дальше »
2023-6-25 11:30 | |
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Robinhood Acquires Credit Card Startup X1, Will Its Crypto Trading Volume Be Improved?
Robinhood, a well-known cryptocurrency and stock trading website, plans to expand its products significantly. It intends to acquire X1, a credit card company. This $95 million decision promises to provide the company with an extra revenue stream and strengthen its existing user base. дальше »
2023-6-24 05:00 | |
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Robinhood acquires credit card startup X1
Robinhood has seen some decline in monthly active users. Its crypto trading business revenue has also declined following the recent crypto price decline. The X1 acquisition will help Robinhood diversify and broaden its product offerings to entice a larger market. дальше »
2023-6-23 10:10 | |
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How GMX improves Arbitrum's prospects for success
GMX's volume on Arbitrum surged by 162.4% in a month. Despite a decline in overall activity, Arbitrum's revenue continued to rise. Decentralized exchanges (DEXes) are witnessing a surge in iThe post How GMX improves Arbitrum's prospects for success appeared first on AMBCrypto. дальше »
2023-6-23 03:30 | |
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Bitcoin: Assessing the full impact of Ordinal Inscriptions
Inscriptions have contributed 22% of the total miner revenue since its inception. Inscriptions and inscription fees have, however, been reduced in recent weeks. Bitcoin Ordinals has caused aThe post Bitcoin: Assessing the full impact of Ordinal Inscriptions appeared first on AMBCrypto. дальше »
2023-6-22 21:30 | |
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How Lido managed to make the best out of regulatory crackdown
SEC lawsuit against Coinbase drove users to decentralized staking protocols like Lido. Lido experienced a surge in activity and revenue as well. Coinbase, one of the largest centralized exchThe post How Lido managed to make the best out of regulatory crackdown appeared first on AMBCrypto. дальше »
2023-6-22 19:30 | |
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Global crypto revenue to hit $1.1 trillion by 2030 amid increased crypto adoption: report
The global crypto revenue is projected to reach $1. 1 trillion in the next seven years, according to a new report on the industry’s growth. In its recently published report dubbed “Thematic Intelligence: Cryptocurrencies,” GlobalData, key trends likely to impact the growth of crypto over the next few years will be macroeconomic trends and crypto regulation. дальше »
2023-6-21 22:19 | |
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Global Crypto Revenue To Reach $1.1 Trillion By 2030, GlobalData Reports
Following an unpleasant end to 2022, the cryptocurrency industry has been on an ascent in the first half of 2023, with a growing global crypto revenue. Although regulatory charges have been at an all-time high, especially in the United States, the positive trend of 2023 is expected to continue, as global crypto revenue has been […] дальше »
2023-6-21 19:00 | |
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Why Bitcoin's future rests on whale accumulation
Bitcoin's rising whale accumulation amidst market volatility raised short-term prospects. Miners started selling their holdings as revenue declined. The crypto market's volatility hasn’t hThe post Why Bitcoin's future rests on whale accumulation appeared first on AMBCrypto. дальше »
2023-6-20 00:30 | |
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Bitcoin miners affected as network difficulty reaches...
Bitcoin miner outflow recently hit a 2-year high. BTC miner revenue declined as price attempted to bounce back. Bitcoin's [BTC] price has rebounded lately, yet miners might have missed the bThe post Bitcoin miners affected as network difficulty reaches... appeared first on AMBCrypto. дальше »
2023-6-20 22:30 | |
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Sotheby’s NFT Sale Fetches $11M as Bankrupt 3AC Liquidates Digital ‘Grails’
Sotheby's sale of Dmitri Cherniak's Ringers #879, along with other NFTs, contributed to a total of nearly $11 million in revenue for bankrupt 3AC. Notably, it became the second-highest generative art sale thus far, underscoring the increasing importance of NFTs in the art market. дальше »
2023-6-16 14:02 | |
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Bitcoin miner revenue faces downturn, but profitability holds strong
Bitcoin miners weather revenue dip and remain profitable despite market sentiment. Negative netflow suggests miners and holders hold onto Bitcoin despite declining values. Bitcoin miners expThe post Bitcoin miner revenue faces downturn, but profitability holds strong appeared first on AMBCrypto. дальше »
2023-6-15 17:30 | |
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A look at how the Lido protocol benefits from stETH
Lido's stETH dominance in DeFi sector grows fast, potentially impacting the protocol's success. Lido witnesses increased activity despite declining revenue. Amidst the volatile nature of theThe post A look at how the Lido protocol benefits from stETH appeared first on AMBCrypto. дальше »
2023-6-15 16:30 | |
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Blockchain Gaming Sees Surge in Revenue and User Activity
Uncover the rise of blockchain gaming with DappRadar's revenue report. Investments and user activity surge, fueling growth and innovation in the industry. The post Blockchain Gaming Sees Surge in Revenue and User Activity appeared first on NFT News Today. дальше »
2023-6-14 03:29 | |
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Bitcoin and Ethereum network revenues spiked in May despite significant headwinds: ETC Group report
Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53. 7% in May, according to a research report by the ETC Group. Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum respectively. дальше »
2023-6-13 21:23 | |
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Bitcoin above $26,000 - Here's what the odds are
Multiple datasets revealed that investors were accumulating BTC while its price dipped BTC’s miners revenue remained high, as did its hashrate Altcoins have been having a hard time of The post Bitcoin above $26,000 - Here's what the odds are appeared first on AMBCrypto. дальше »
2023-6-12 18:00 | |
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