According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $ 100 billion to $ 1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained significant importance. On June 20, 2024, the market …
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $ 1,350 to $ 54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick n Pay’s crypto transactions. Retailer Sees …
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $ 1.79 billion, which, although $ 220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $ 1.56 billion. Bitcoin Miners Recorded Strong …
Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $ 200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market spot prices. Costco Might Be Selling $ 200 …
Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth
Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value dipping over 21% in the last week, the meme coin has […]