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How the Shiba Inu frenzy meant big growth for Robinhood
Crypto transactions accounted for more than 41% of Robinhood’s total revenue in the second quarter, compared to 17% for the first three months of 2021, revealed the investing platform’s first earnings report since its recent stock market debut. дальше »
2021-8-20 04:00 | |
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Nvidia Ethereum Mining GPUs Underperformed in Q2, Reveals Financial Report
According to Nvidia’s Q2 earnings report, Ethereum mining GPUs didn’t perform up to expectations. And that’s despite the company noticing a record 68% increase in total revenues. Nvidia Q2 Revenue Surges 68%, While Crypto Mining Cards Underperform Nvidia has announced the financial report for second quarter of fiscal year 2022. As per the report, the […] дальше »
2021-8-19 22:00 | |
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Over 60% of Robinhood Clients Traded Crypto for the First Time in Q2
Robinhood is currently making more money from crypto trading than equities and options combined. While crypto revenue surged 4,560% from a year earlier, transaction revenue from equity was down 26. дальше »
2021-8-19 18:56 | |
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Nvidia Reports Second-Quarter Revenue Highs, Crypto Mining Cards Underwhelm
Graphics card producer Nvidia generated a record revenue of $6.51 billion, according to its second-quarter financial results. The post Nvidia Reports Second-Quarter Revenue Highs, Crypto Mining Cards Underwhelm appeared first on BeInCrypto. дальше »
2021-8-19 14:11 | |
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Binance Recruits Former IRS Investigator To Oversee Anti-Money Laundering Efforts
Binance crypto exchange is taking further steps in its attempts to take the edge off the increased regulatory scrutiny by hiring a former Inland Revenue Service (IRS) investigator and cybercrime guru to lead its anti-money laundering requirements. дальше »
2021-8-19 00:18 | |
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As Paysafe guides lower on Q3 revenue, should you buy or sell?
Paysafe Limited (NYSE:PSFE) shares Monday plunged more than 13% after announcing its most recent quarterly results. The company reported fiscal Q2 revenue and earnings, beating analyst expectations on sales. дальше »
2021-8-18 23:17 | |
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US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report
The US Treasury Department is set to clarify what exactly entails “broker” for the purpose of reporting to the Internal Revenue Service after the crypto tax provision of the controversial $1 trillion bipartisan infrastructure bill was passed in its original form that overreaches to cover miners, developers, stakers, and validators to report information on clients […] The post US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report first appeared on BitcoinExchangeGuide. дальше »
2021-8-14 16:44 | |
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MiamiCoin Generates Over $1M as City Benefits From 30% Revenue
The official cryptocurrency of the city of Miami, MiamiCoin, has already generated the city almost $1million. The post MiamiCoin Generates Over $1M as City Benefits From 30% Revenue appeared first on BeInCrypto. дальше »
2021-8-14 18:04 | |
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Bitcoin Reaches $3B Annualized Revenue Run Rate: ETC Group Report
According to a recent study done by ETC Group, data shows that cryptocurrency miners enjoyed a very strong spring. The post Bitcoin Reaches $3B Annualized Revenue Run Rate: ETC Group Report appeared first on BeInCrypto. дальше »
2021-8-13 09:16 | |
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Ethereum achieves this against Bitcoin for the first time in Coinbase’s nine-year history
Coinbase, one of the largest crypto exchange platforms received mixed reactions from the community after it went public. Coinbase’s revenue is built almost entirely on the performance of Bitcoin andThe post Ethereum achieves this against Bitcoin for the first time in Coinbase’s nine-year history appeared first on AMBCrypto. дальше »
2021-8-12 04:00 | |
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Thanks To Ethereum Thumping Bitcoin, Coinbase’s Q2 Profits Hit $2.23 Billion
Analysts had written Coinbase off a while back, opining strongly that the company’s shares would underperform. In a surprising turn of events, Coinbase shares outperformed the market’s expectations as shown in the company’s second-quarter revenue record. дальше »
2021-8-12 22:11 | |
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Coinbase’s Institutional Volume Surges 47% to Dwarf Retail in Q2 But Accounted for Less than 6% of Revenue
Coinbase’s customers, which increased by 12 million and includes 10 out of the top 100 hedge funds by AUM, traded Ether (26%) more than Bitcoin (24%) in the second quarter of 2021 for the first time. дальше »
2021-8-12 19:26 | |
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Биткоин-биржа FalconX привлекла $210 млн при оценке в $3,75 млрд
Ориентированная на институционалов криптовалютная биржа FalconX привлекла $210 млн инвестиций в рамках раунда финансирования Серии С. Рыночная оценка компании достигла $3,75 млрд. 30X Revenue Growth. дальше »
2021-8-11 12:14 | |
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Argo Blockchain Increases Revenue by 180% in First Half 2021
Cryptocurrency mining firm Argo Blockchain released the results of the first half of its financial year ending June 30. The post Argo Blockchain Increases Revenue by 180% in First Half 2021 appeared first on BeInCrypto. дальше »
2021-8-9 15:21 | |
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Bitcoin Miners’ Margins Rise Significantly Thanks to China Crackdown, But Ether Miners’ Revenue Outpacing BTC’s
Bitcoin miner revenue jumped 15. 8% in July to $971. 83 million. This increase in miner revenue came after three consecutive months of drop following the all-time high of $1. 75 billion in May. Daily bitcoin miner revenue (7DMA) is also on the rise since a low of $20. дальше »
2021-8-9 01:07 | |
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The Billion-Dollar Industry Of Crypto Advertising And Why Google Is Tapping In Again
Advertisement is a major source of revenue for big technology companies in general. It has been speculated that the advertising market, which took a hit in 2020 following the pandemic, will surge beyond those levels this year. дальше »
2021-8-7 21:09 | |
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US: Senators Introduce Amendment to Infrastructure Bill to Ease Crypto Reporting Requirements
The cryptocurrency industry’s last-minute lobbying push to amend provisions in the bipartisan infrastructure bill that was completed over the weekend could succeed in eliminating some of the Internal Revenue Service (IRS) scrutiny that stakeholders in the sector would face. дальше »
2021-8-5 20:00 | |
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Cash App Bitcoin Revenue Rose 200% In Q2 As Demand Grows
Square’s Cash App has reported that the platform saw a 200% increase in Bitcoin revenue. This comes despite Square suffering a $45 million impairment from its Bitcoin investment. Yearly revenue reports saw Cash App’s revenue go from $875 million to $2. дальше »
2021-8-3 02:00 | |
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Square’s Bitcoin Revenue Tops $2.72 Billion in Q2 and Reports Impairment Loss of $45M
Twitter co-founder and CEO Jack Dorsey’s Square reported another profitable quarter with its Bitcoin yearly revenue surging 200% year over year to $2. 72 billion from $875 million. Bitcoin gross profit meanwhile rose from $17 million to $55 million. дальше »
2021-8-2 16:00 | |
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Square’s Bitcoin (BTC) Revenue Soars, Set to Acquire Afterpay
Bitcoin (BTC)-friendly Square, Inc. (NYSE: SQ) has recorded another sterling performance in Q2, 2021 and the firm is now looking to expand its payments ecosystem by acquiring Afterpay, according to a press release on August 1, 2021. дальше »
2021-8-2 12:30 | |
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Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump
Square has had a busy weekend. The company made headlines for it’s purchase of Australia-based fintech firm, Afterpay, in an all-stock deal. Square then went on to release it’s Q2 2021 Shareholder Letter, filled to the brim with company insights – including some strong growth numbers in crypto transactions on Square’s mobile product, Cash App. дальше »
2021-8-2 07:54 | |
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US Government Looks to Increase Revenue By $30 Billion Via Cryptocurrency Taxes
The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1. 2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms. дальше »
2021-8-2 17:51 | |
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It’s Not About Taxes, Congress is Coming After the Entire US Crypto Industry
The unreleased infrastructure bill is the talk of the crypto town, and for a good reason, as it aims to generate $28 billion in tax revenue from the current $1. 67 trillion cryptocurrency industry to help fund the nearly $1 trillion bill. дальше »
2021-8-1 17:30 | |
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US senators eye the crypto market for potential $28 billion in tax revenue
US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported. дальше »
2021-7-30 20:00 | |
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Ethernity CLOUD: Leveraging blockchain to offer confidential computing solutions
In 2020 the cloud computing services had a revenue of $312 billion, according to the International Data Corporations’ Worldwide Semiannual Public Cloud Services Tracker. This included the servicesThe post Ethernity CLOUD: Leveraging blockchain to offer confidential computing solutions appeared first on AMBCrypto. дальше »
2021-7-27 17:15 | |
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IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions
The U. S. Internal Revenue Service (IRS) has modified the crypto question asked on the main U. S. tax form. Reducing the scope of the question, the IRS now focuses on taxable cryptocurrency transactions. дальше »
2021-7-24 19:00 | |
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Payment Gateway Market Revenue to Hit $60 Bn by 2027; Global Market Insights Inc.
Global Market Insights Inc. has recently added a new report on the payment gateway market, which estimates the market valuation for payment gateway will cross US $60 billion by... дальше »
2021-7-23 17:09 | |
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Robinhood Warns of a Slowdown in Revenue and New Clients’ Growth Due to Cryptocurrency and Seasonality
The popular stock trading app is seeking a market valuation of as much as $35 billion in its upcoming IPO and will attempt to sell its shares at a range of $38-$42 per share. On FTX, “HOOD” is currently trading just under $44, down from above $120 in late March. дальше »
2021-7-21 21:59 | |
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Crypto price drop will negatively impact Q3 revenue, says Robinhood
Robinhood is one of the more popular stock and crypto exchanges out there, and earlier this year, it saw very high trading volume. However, with the situation regarding crypto prices changing in Q2, the company has warned that its quarterly revenue is likely to be significantly lower than before. дальше »
2021-7-21 14:19 | |
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Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors
Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. дальше »
2021-7-19 23:30 | |
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Become a part of a smooth online gambling experience with Polker
The online gambling market has expanded tremendously over the past few years and is expected to be worth over $127 billion by 2027 in terms of revenue. While this growth is facilitated by a growingThe post Become a part of a smooth online gambling experience with Polker appeared first on AMBCrypto. дальше »
2021-7-19 16:30 | |
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Should you invest in TSMC in Q3 after mixed Q2 results?
Taiwan Semiconductor Manufacturing Co Ltd (TAI:2330) shares fell more than 5% on Thursday after announcing mixed results for its most recent quarter. TSMC announced its fiscal second-quarter results before markets opened that missed expectations on revenue but beat on earnings. дальше »
2021-7-16 01:16 | |
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New York Giants’ Saquon Barkley Plans to Convert Endorsement Revenue to Bitcoin
Another pro athlete in the National Football League (NFL) is planning to convert some of his earnings into bitcoin. The 24-year-old running back for the New York Giants, Saquon Barkley, discussed converting his endorsement revenue into bitcoin during a recent interview with the Morgan Creek Digital co-founder Anthony Pompliano. дальше »
2021-7-16 21:30 | |
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Hello Pal Announces Record $2.820 Million Monthly Revenue for June 2021
Hello Pal International Inc., a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it achieved $2,820,264 CAD in revenue... дальше »
2021-7-15 08:37 | |
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