Marathon Digital posts Q2 losses amid record-breaking Bitcoin production

Marathon Digital Holdings recorded a net loss of $21. 3 million for the second quarter, despite its Bitcoin (BTC) production surging by over 300%, according to an Aug. 8 statement. Earnings breakdown Per the financial statement, the miner earned $81. дальше »

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Binance Moves Into The El Salvador Market With Two Crypto Licenses

Binance, the world’s largest cryptocurrency exchange by trading volume, has recorded another significant milestone as it becomes licensed to render cryptocurrency services in El Salvador. Leading The Charge For Global Crypto Adoption Binance has become the first fully licensed cryptocurrency exchange in El Salvador, receiving both the first non-provisional Digital Assets Services Provider (DASP) license […] дальше »

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Huge Bitcoin withdrawal hints at bullish sentiment as whales move $400M off exchanges

Quick Take The cryptocurrency market recorded a notable development yesterday as nearly $400 million worth of Bitcoin was withdrawn from exchanges, marking the third-largest outflow of the digital currency in 2023. дальше »

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Bitcoin Funds Witness Largest Weekly Outflows Since March: Report

The latest weekly report from CoinShares reveals that crypto investment products, particularly Bitcoin funds, saw major outflows for the third consecutive week. As investors continue to take profit, a total of $107 million in outflows was recorded in the previous week. дальше »

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Bitcoin revisits $28.8k as crypto sees huge outflows

Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus being BTC. дальше »

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Here's One Exciting Thing About Dogecoin's Growth

Dogecoin has recorded more profitable addresses over time despite erratic price outlook дальше »

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Crypto Analyst Points To Bitcoin Price History Repeating Itself – Are The Signs Bullish?

The general crypto market has recorded a slight decline in the last week, with the market leader Bitcoin losing 0. 78% of its value over the last seven days.    This price loss amplifies BTC’s negative monthly performance, pushing its total loss in the last 30 days to around 5. дальше »

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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 »

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Assessing the impact on Aave following Curve founder's deposits

Aave fees jumped as high as $2.64 million. Curve’s founder Michael Egorov reduced his debt while Aave’s TVL fell. Decentralized Finance (DeFi) protocol Aave [AAVE] recorded an incredibleThe post Assessing the impact on Aave following Curve founder's deposits appeared first on AMBCrypto. дальше »

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Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend

Crypto trading on centralized exchanges declined by 12% to $2. 36 trillion. This is the lowest volume recorded since the beginning of the year, indicating a significant downturn in trading activity, according to CCData. дальше »

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Curve DAO (CRV) up 7%, Is Curve Out of the Woods?

Curve DAO recorded slight recovery after weeklong onslaught post-hack дальше »

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Shiba Inu (SHIB) Hits Major Record Again, Shibarium Sentiment at Play?

Meme coin Shiba Inu has recorded massive growth in its total address count дальше »

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What to expect as Tron steps up burn rates in July

July's burn statistics marked a reversal from the 17% drop seen in June. July recorded a 47% drop in total transactions on Tron, halting a 4-month uptrend. With the intention of long-term maThe post What to expect as Tron steps up burn rates in July appeared first on AMBCrypto. дальше »

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NFT gas usage on Ethereum reaches 2-year low

The Ethereum network is experiencing a significant reduction in gas consumption by NFT marketplaces, dropping to levels recorded in June 2021. Transaction activities on NFT marketplaces OpenSea, Blur, LooksRare, Rarible, and SuperRare currently account for roughly 1. дальше »

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Robinhood turns profitable for the first time since going public

Despite recording a profit, Robinhood recorded a fall of 18% in its crypto trading revenue in Q2. In June, Robinhood discontinued support for all tokens identified as securities by the SEC. дальше »

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Binance China Dominance Continues: Volume Hits $90-B Despite Crypto Ban – Report

Binance continues to attract a significant portion of its business from China, even in the face of the country’s prohibition on cryptocurrencies. In May, Binance recorded a staggering trading volume exceeding $90 billion, encompassing both spot and futures transactions originating from the country. дальше »

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Kaspa (KAS) price pops amid Tier-1 Exchange listing campaign

Kaspa (KAS) token has gained 76% over the past month. Most of the gains were recorded in the past three days. Kaspa has embarked on a vigorous campaign to have the token listed on a Tier-1 crypto exchange. дальше »

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Ripple (XRP) Price Loses $0.70 Support as Long-term Holders Begin to Exit 

On-chain data reveals that XRP long-term holders have started to exit their positions as Ripple ailed to sustain the high Transactional Activity recorded during the mid-July price rally. The post Ripple (XRP) Price Loses $0. дальше »

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Ethereum MEV Bots See One Of The Most Profitable Days Due To Exploit

Ethereum MEV Bots have recorded one of their most profitable days due to the Curve Finance exploit. Ethereum’s core developer Eric Connor made this revelation in a couple of tweets on the X platform. дальше »

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USDT Issuer Tether Reports A 30% Decline In Profit

Stablecoin USDT issuer Tether published its Q2 2023 attestation report on July 31 and according to the report, Tether recorded an “operational profit” of $1 billion in the second quarter, about a 30% decline from its Q1 profit of $1. дальше »

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Curve Finance exploit triggers massive MEV rewards

Ethereum's largest MEV rewards have just been recorded amid a Curve exploit. 584 ETH ($1M) have been grabbed by bots front-running transactions, raising ethical concerns. дальше »

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Curve Finance TVL falls over $1B following Vyper vulnerability exploit

The total value of assets locked on decentralized finance protocol Curve Finance (CRV) plunged nearly 50% in the last 24 hours to $1. 731 billion from $3. 26 billion recorded on July 30, according to DeFiLlama data. дальше »

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Bitcoin Miner Reserve Rising: Good News For BTC Bulls?

Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023.  Amid this development, on-chain data reveals that the Bitcoin miner reserve has been increasing, notwithstanding prevailing market conditions, bouncing back from May 2023 lows. дальше »

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BALD token records astounding 40,000% upside after launch on Base

The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million. BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to a market cap of $70 million. дальше »

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CryptoPunks witnesses 60% decline in 7 days, but all's not lost

CryptoPunks’ sales and volume metrics have recorded over 60% decline in the past seven days. CryptoPunks still maintained the largest NFT market cap with almost $2 billion. CryptoPunks witThe post CryptoPunks witnesses 60% decline in 7 days, but all's not lost appeared first on AMBCrypto. дальше »

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Worldcoin Launch Causes Optimism To Surpass Arbitrum in Daily Transactions

A considerable shift has been observed in Ethereum’s Layer 2 scaling solutions landscape. As of July 27, Optimism recorded 944,668 daily transactions, surpassing Arbitrum, which logged 658,013 transactions. This surge... дальше »

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Link Whale Accumulation Continues With Massive Transactions Recorded

Chainlink (LINK) has been on a tear in recent days, jumping ahead of the altcoin pack on Thursday. The price of LINK is now trading at its highest level at $8. 46 since April, and there are a few reasons for this surge. дальше »

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Institutional crypto products witness second month of growth, driven by...

On a YTD basis, the AUM recorded an impressive growth of 71%. The U.S. retained its dominant position with 78% market share in digital asset investment products. The month of July extended bThe post Institutional crypto products witness second month of growth, driven by... appeared first on AMBCrypto. дальше »

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Meta committed to metaverse despite $3.7b Q2 loss

Meta's Reality Labs division recorded a $3.7 billion operating loss in Q2 this year, yet the social media giant remains fully committed to metaverse development. дальше »

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Bitcoin Whales Make Up A Large Chunk Of Exchange Inflows, Reaching A New High Along The Way

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Venom Blockchain Sees Rapid Growth Of Over One Million Registered Wallets

As of July 25, Venom Foundation, a blockchain technology pioneer in regulated markets, had recorded over one million registered wallets. The monumental achievement occurred quickly since Venom’s testnet launched on April 26. дальше »

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Tokenized BTC On Ethereum Plunges 44% in 1 Year, What Happened?

According to data from Dune Analytics on July 24, the amount of Wrapped Bitcoin (wBTC), a synthetic form of Bitcoin, circulating on Ethereum has fallen by 44% since May 2022. In July 2023, wBTC circulating on Ethereum stood at approximately 158,000 BTC, a sharp decline from 282,000 BTC recorded in May 2022. Interestingly, on-chain records also […] дальше »

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Crypto investment products saw minor outflows of $6.5M last week – CoinShares

About $6. 5 million flowed out of funds tracking different cryptocurrencies last week. Bitcoin recorded $13 million in outflows, while Ethereum benefited from XRP-driven sentiment to record $6. 6 million in inflows. дальше »

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Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence

Digital assets investment products recorded $6.5 million in outflows this week after four consecutive weeks of inflows totaling $742 million, Coinshares reported on July 24. This week’s outflows break the longest streak of inflows since late 2021, coinciding with the recent market downturn that saw Bitcoin’s (BTC) price dump to its lowest value since June […] The post Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence appeared first on CryptoSlate. дальше »

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Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP

Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported. дальше »

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Dogecoin (DOGE) Whales Are Active, Here's How Much They Moved WTD

Dogecoin recorded massive whale accumulation and comparatively high large transaction count дальше »

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Binance France records €4 million loss in 2022, optimistic for profit in 2023

Binance France first audited financial records covering 14 months between when the company was created in November 2021 to December 2022 showed that the exchange recorded a loss of €4 million. Throughout the period, Binance France incurred total expenses of €14 million to cater for its staff payroll, marketing, administrative costs, taxes, and professional fees. дальше »

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Litecoin Nears Its Halving Event, BNB Is Heavily Shorted, Borroe ($ROE) Delivers Low Transaction Fees and Minimum Risks

The past few weeks have recorded a bullish trend for the cryptocurrency market. Yet, Litecoin (LTC) and Binance Coin (BNB) have been experiencing a turbulent period due to the anticipated halving and lawsuits. дальше »

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Solana Boosts Performance With 100% Uptime Record In Q2 2023

Solana, a key player in the Layer-1 blockchain network domain, has shown a substantial improvement in the network’s uptime and reliability this year, with just one recorded outage so far since the year 2023 began. дальше »

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Polygon Daily Users Surpass Ethereum, Solana As DeFi Activity Grows

Polygon has recorded one of the most significant growth trends among Layer 1 and Layer 2 blockchains over the last couple of weeks. As a result, the daily active users on the Layer 2 blockchain has risen rapidly to surpass daily users on some of the largest Layer 1 blockchain in the world. Polygon Daily […] дальше »

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Ethereum network revenue lost over 33% in Q2 amid lean DeFi market

The latest Bankless report indicates that Ethereum network revenue plummeted to $847 million from $1. 27 billion during Q2 2023. The figure represented a notable 33. 3% decline. Also, the second-largest blockchain by market cap recorded plunged daily active users. дальше »

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Reddit’s Moons and Bricks tokens skyrocket amidst terms of service change

The native tokens of Reddit’s r/CryptoCurrency community, Moons (MOON) and Bricks (BRICK) have recorded an impressive triple-digit price gain this week following an announced change in Reddit’s terms of service. дальше »

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Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera

Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD). дальше »

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Tracing the Cardano journey as ADA gains momentum

In terms of dollar value locked, Cardano recorded impressive weekly and monthly gains. Riding on XRP's legal relief, ADA's value jumped 12% over the last week. Proof-of-stake (PoS) network CThe post Tracing the Cardano journey as ADA gains momentum appeared first on AMBCrypto. дальше »

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XRP Ruling: Here Are Biggest Market Changes Recorded So Far

With XRP ruling, many notable market changes were recorded, top researcher highlights some of them дальше »

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Solana Q2 Performance, Here's Role Played by Its First Meme Coin

Solana recorded mixture of ups and downs in second quarter, per Messari report дальше »

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Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why

Temasek is reluctant investing in crypto firms due to regulatory uncertainty. Its CIO Rohit Sipahimalani discussed the crypto market with CNBC today. Temasek also recorded its worst returns since 2016 on Tuesday morning. дальше »

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Top meme coins struggle as new competitors capture market attention

The cryptocurrency market has presented sideways actions over the past week. Meanwhile, top meme tokens by market cap, Dogecoin, Shiba Inu, and PepeCoin, recorded bearishness within the last seven days as new competitors dominated the space. дальше »

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Bitcoin hashrate reaches new all-time high

Bitcoin mining activity is increasing globally as market participants pump fresh capital into their businesses. While the leading United States-based bitcoin (BTC) miners, such as Marathon Digital Holdings, recorded a significant decrease in their BTC output during June due to… дальше »

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Are XRP traders anticipating a rebound?

XRP transactions in losses exceeded those in profits. XRP accumulation has decreased in the past few weeks. Following significant profit-taking activity last week, XRP traders have recorded The post Are XRP traders anticipating a rebound? appeared first on AMBCrypto. дальше »

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