Gemini Exchange Revenue Fell 38% as Q2 EBITDA Loss Hit $74M

[ad_1] Gemini’s second-quarter revenue rose as its credit-card business expanded. But the core exchange shrank, while operating costs and losses remained above last year’s levels after a restructuring that cut about 200... Read more »

As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k

[ad_1] Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in 2015. In its first decade, the network survived the DAO crisis,... Read more »

Bitcoin Miner Profits Fell As BTC Price Lost Strength: Will Miners Sell?

[ad_1] Key takeaways: Record-low Bitcoin mining margins and rising demand for AI infrastructure incentivize miners to reduce their BTC positions.Institutional spot Bitcoin flows vastly surpass miner output, making macro trends more vital... Read more »

Bitcoin Holder Accumulation Surged As Metrics Fell To Record Lows

[ad_1] Bitcoin’s (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the “best thesis” for... Read more »

A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell

[ad_1] Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT).... Read more »

Bitcoin Miners’ Revenue Fell 4.23% in September as Difficulty Hike Nears

[ad_1] Bitcoin miners had a modest September slump, watching revenue shrink 4.23%—that’s $69 million gone compared to August’s haul. September Slide for Bitcoin Mining Revenue At the time of publication, hashrateindex.com data... Read more »