After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $ 1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $ 964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin …
Over the 90-day stretch from August 13 to November 11, 2023, bitcoin (BTC) along with a broad array of crypto assets have posted substantial increases. Data from Google Trends in this timeframe indicates a surge in searches for “bitcoin,” “crypto,” and “ethereum,” with these terms achieving a peak popularity score of 100 by late October. […]
After experiencing a slump in September, with a trading volume of $ 30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $ 39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for $ 15 billion …
In October, the landscape of bitcoin mining revenue brightened, climbing by $ 131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings from fees, which saw a $ 5.44 million decrease from the previous month. October emerged as the runner-up …
The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $ 608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw supply reductions during the month. Fiat-Pegged Token Market Grows Modestly in October, With First …