Argo Blockchain, the sole crypto miner listed on the London Stock Exchange (LSE), said mining revenue fell 5.7% in December as a declining price for bitcoin more than offset an increase in production.The London-based company mined 214 bitcoins last month, taking the total for 2021 to 2,045, according to an announcement Friday.Mining revenue, however, fell to £7.82 million … [Read more...] about Argo Blockchain Monthly Revenue Drops Even as It Mined More Bitcoins
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Crypto Browser Brave Passes 50M Monthly Active Users
Crypto-centric browser firm Brave announced it had passed 50 million monthly active users, doubling growth on a year-over-year basis for the fifth year in a row. Daily active users averaged 15.5 million during December.Brave Search, the privacy-preserving search engine launched last year, had 2.3 billion annualized queries. Other products launched in 2021 were crypto wallet … [Read more...] about Crypto Browser Brave Passes 50M Monthly Active Users
Footprint November Monthly Report: DeFi TVL surpasses $288B, NFTs stall
In the month of November, DeFi’s Total Value Locked (TVL) surpassed a record high of $288 billion, up by 32.7% MoM, and Bitcoin and Ethereum surpassed previous all-time peaks.Although NFT trading activity slowed, it has not affected fundraising in the sector.BTC, ETH hit record highsFootprint Analytics: BTC Price and Trading Volume TrendsFootprint Analytics: ETH Price and … [Read more...] about Footprint November Monthly Report: DeFi TVL surpasses $288B, NFTs stall
Bitcoin AUM falls 9.5% to record largest monthly pullback since July
The Bitcoin AUM market fell 9.5% to $48.7 billion in November, marking the year’s largest month-on-month pullback since July, according to a CryptoCompare report. On the other hand, altcoin-based crypto funds such as ETH saw their AUM rise 5.4% to $16.6 billion.While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data … [Read more...] about Bitcoin AUM falls 9.5% to record largest monthly pullback since July
Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020
“Bitcoin bullish sentiment remains at fever-pitch, highlighted by NFT. NYC [the annual non-fungible token event] whipping the financial capital into a frenzy,” Jehan Chu, managing partner at Hong Kong-based Kenetic Capital, told CoinDesk in a WhatsApp chat. “[However], if public markets falter on the back of Fed bond purchase tapering, BTC could be dragged into a small … [Read more...] about Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020