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Currency

Bitcoin Mining Revenue Hits $1.51 Billion Amidst Rising Onchain Fees

02 Jan 2024 @ 21:33
In December, the bitcoin mining sector experienced a peak in monthly earnings, accumulating a staggering $1.51 billion. Moreover, the month set a new benchmark in onchain transaction fees, with miners earning a notable $324.83 million from fees alone. In December 2023, bitcoin (BTC) miners achieved a milestone in monthly earnings, reaching a total of $1.51 […]
 

Bitcoin Miner Transaction Revenue Sees 400% Year-Over-Year Growth in 2023

26 Dec 2023 @ 20:23
In 2023 alone, Bitcoin miners amassed revenues exceeding $10 billion, adding to a cumulative $57 billion earned over the previous 15 years. In 2023, according to Coinmetrics data, Bitcoin (BTC) miners averaged a daily transaction fee revenue of $2 million, marking a fourfold rise from the previous year’s figures. Annual Growth in Bitcoin Miner Revenues […]
 

Top-Rated Bitcoin and Cryptocurrency Custody Services: A Comprehensive Review for 2024

09 Dec 2023 @ 04:52
Safeguarding crypto holdings poses a significant dilemma for investors. While self-storage is an option, the complexities of managing cold wallets make it less appealing. A more convenient and secure alternative lies in entrusting your investments to a crypto custodian. Functioning akin to a bank, a custodian offers essential features such as robust wallet security and […]
 

Resignation of Binance CEO CZ in Connection with a $4 Billion Settlement with the United States

23 Nov 2023 @ 21:46
In a pivotal development, Changpeng ‘CZ’ Zhao, the visionary founder of Binance, has resigned from his position as CEO, marking a consequential milestone in the aftermath of a substantial $4 billion settlement brokered with various United States regulatory agencies. The joint announcement by Zhao and multiple regulatory bodies on Tuesday not only signifies a decisive […]
 

Revolutionizing Financial Experiences: Circle Mint's Grand Debut in Singapore Promises Effortless Transactions and Fee-Free Banking

14 Nov 2023 @ 21:55
Introducing Circle Mint, the latest innovation tailored for the Singaporean market, aligning seamlessly with the Monetary Authority of Singapore (MAS) regulations to ensure trustworthy digital currency transactions. Singapore-based entities can now benefit from the perks of zero USDC minting fees, swift fiat-to-USDC conversions, and a user-friendly platform that effortlessly adheres to MAS...
 

Understanding the Concept of 52-Week Highs and Lows

10 Nov 2023 @ 15:22
The 52-week high/low represents the highest and lowest stock prices in the past year. The 52-week high is the highest price reached, and the 52-week low is the lowest price attained during this period. Investors and traders use this measure to assess a stock’s performance over a year. Determining the 52-Week High and Low Prices […]
 

ETHUSD Hits Major Demand Zone as Price Retraces Upward

27 Oct 2023 @ 03:39
ETHUSD hits the major demand zone as the price retraces upward. Following the rapid expansion of ETHUSD in fractals to the upside in June and July 2023, the market’s environment changed to a bearish one. The price hit the $2030.00 resistance as it marked a new major high in the premium zone. As signaled by […]
 

BTCUSD Continues Its Upward Trend as Major Resistance Levels Fail

27 Oct 2023 @ 03:08
BTCUSD continues its upward trend as major resistance levels fail. A change of character to the upside occurred on October 2, 2023, after which the price returned to a bullish order block. Following the formation of the major low at $26520.00, the bullish trend became evident as the price surged upward. The price is steadily […]
 

Understanding What JPM Coin Is All About and How to Buy It

16 Oct 2023 @ 18:42
In a world where the banking and fintech industries are seeking innovative ways to enhance transaction efficiency, J.P. Morgan has introduced the JPM Coin. Unlike traditional cryptocurrencies, this blockchain-powered stablecoin is tethered to the U.S. dollar and serves as a catalyst for instant payments. In a recent milestone, its utility has expanded to include euro […]
 

BTCUSD Creates New High Despite Short-Term Decline Into Oversold State

16 Oct 2023 @ 08:25
BTCUSD creates a new high despite a short-term decline into an oversold state. In March 2023, BTCUSD exhibited a significant upward surge. It was then followed by a consolidation period marked by a bullish pennant formation. All of this persisted until mid-June 2023. After this consolidation, the bullish momentum rekindled, propelling the price to reach […]
 
 
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