Recently listed Bitcoin Depot reports record revenue for its Q2

Bitcoin Depot reports an 18% annualised growth in its Q2 revenue. The Bitcoin ATM operator also updated its full-year guidance today. Bitcoin Depot stock is in the green only marginally on Monday. Bitcoin Depot Inc says its revenue jumped 18% to a record $197.5 million in the second quarter. The stock is still only marginally […]

Bitcoin drops $28.8k amid huge crypto record huge outflows

Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus being BTC. Bitcoin traded near the $28,800 early afternoon on Monday as caution dictated overall sentiment across the market. Stocks […]

Bitcoin network hash rate hit a record high in May

Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s largest cryptocurrency lost about 8.0% last month. Bitcoin may have lost about 8.0% last month on macro uncertainty but the network activity remained incredibly strong. JPMorgan analyst expects a slowdown in hash rate In May, […]

CFTC wins a record $3.4B penalty payment in a Bitcoin-related fraud case

This is the largest fraud case involving Bitcoin that CFTC has cracked so far. The case involved the CEO of Mirror Trading International Proprietary Limited (MTI). Half of the $3.4B will go toward providing restitution to victims of MTI’s fraudulent activities. A Texas court has ordered Johannes Steynberg, the CEO of Mirror Trading International Proprietary […]

Bitcoin shrimps add record BTC to their holdings in November

Bitcoin price plummeting after FTX’s implosion in November provided shrimps – people with less than 1 BTC an opportunity to add to their balances at low prices. According to new on-chain data tracking shrimp holdings, the cohort bought 96.2k more BTC in the 30 days after FTX collapsed. The cohort’s holdings saw an all-time balance […]

Cryptocurrencies: 14,055
Markets: 1,067
Marketcap: $ 2.34 T(3.24%)
24h Vol: $ 85.27 B
BTC Dominance: 50.06%