Bitcoin Mining Revenue Holds Steady at December Levels Minus $40 Million

2025-02-01 By admin

Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors December’s Figures Statistics reveal that bitcoin miners secured about $40 million less than in December, marking the second most profitable month in […]

Bitcoin’s Mempool Empties to Record Lows—Is Onchain Activity Drying Up?

2025-02-01 By admin

According to the latest statistics, following the first week of January, the number of unconfirmed transactions in the mempool has plummeted from slightly more than 200,000 to the current 7,723—a low not seen since 2022. Bitcoin Blockchain Activity Dips—Mempool at Lowest Level Since 2022 Transfer activity on the Bitcoin blockchain has diminished markedly since Nov. […]

NFT Market Stumbles in January: Sales Drop 39% in Rocky Opening to 2025

2025-02-01 By admin

Based on data gathered from Jan. 1 through Jan. 31, 2025, non-fungible token sales (NFT) experienced a 38.97% decline compared with the final month of 2024. Ethereum led in sales by amassing $340.47 million, although transactions on that particular chain registered a 36.58% decrease from the previous month. NFT Market Reels in January According to […]

Tether Reports $13 Billion in 2024 Profits, Hits All-Time High in U.S. Treasuries and Reserves

2025-02-01 By admin

Tether Holdings’ Q4 2024 report showed the company’s dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4 2024 attestation, confirming record-breaking financial performance with net profits exceeding $13 billion for the year. The report, conducted by BDO, […]

Gemini: Over 50% of Gen Z Own Crypto, Driving Adoption Trends

2025-02-01 By admin

The 2024 state of crypto report by Gemini examines the factors driving crypto adoption for the youngest generation of investors. Gen Z Are Driving Crypto Adoption A recent survey by Gemini reveals that Gen Z is leading global crypto adoption. Over 51% of respondents aged 18-29 report having owned or currently own cryptocurrency. This rate […]

Kraken to Delist USDT, Four Other Stablecoins for European Users

2025-02-01 By admin

Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an exceptional trading experience to European clients long term. The exchange said it will halt all spot trading […]

Binance CEO Reveals How to Avoid Ponzi and Pyramid Schemes

2025-02-01 By admin

Binance’s CEO cautions investors about increasingly sophisticated crypto scams and offers guidance on navigating the industry’s future. Ponzi Schemes Are Getting Smarter—Binance CEO’s Urgent Safety Playbook Binance CEO Richard Teng shared safety advice on social media platform X on Wednesday, emphasizing the importance of vigilance against fraudulent investment schemes. He stated: Stay safe from Ponzi […]