Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $ 33.3 million or some $ 40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes by the U.S. Federal Reserve were some of the key factors …
Transaction fees for Bitcoin have eased, following their surge to more than $ 18 per transaction on two separate occasions last week. As of November 24, 2023, the average fee per transaction stood at roughly $ 5.89, with the median fee per transfer being $ 2.86. Bitcoin Fees Cool Down — November’s …
According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $ 491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding quarter. Ethereum Still Dominates While the third quarter …