Kraken Reports Q3 Revenue Surge To Nearly $650 Million Ahead Of Anticipated U...
Ahead of one of the most anticipated initial public offerings (IPOs) in the digital asset sector, US-based crypto exchange Kraken has reported record revenue for the third quarter (Q3) of the year. New Kraken Exchange Milestones In a statement released on Wednesday, Kraken revealed that its Q3 2025 revenues (net of trading costs) reached $648.0 […]
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Square’s Cash App has reported that the platform saw a 200% increase in Bitcoin revenue. This comes despite Square suffering a $45 million impairment from its Bitcoin investment. Yearly revenue reports saw Cash App’s revenue go from $875 million to $2.72 billion. While bitcoin gross profit went from $17 million to $55 million in the […]
Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did in October (126 BTC) “due to changes in mining difficulty”, but bitcoin’s surging prices helped push revenue higher. ● The price of bitcoin soared more than 50% last month to a new all-time high of $19,864 reached on Nov. 30. ● Altogether, Argo has extracted a total of....
Solana has pulled well ahead of other networks on a key measure: revenue. That gap is large enough to change how traders and builders talk about where money flows in crypto. Related Reading: Altcoins Feel The Pinch As Crypto Market Sentiment Sours Solana Tops Blockchain Revenue Charts According to data shared by crypto media outlets, Solana has generated $1.25 billion in revenue year-to-date. That is about two and a half times the revenue of Ethereum, which sits at $523 million so far this year. Only two other chains have cleared the $100 million mark: BNB Smart Chain at $148 million and....
A London-based trust with ties to the Rothschild banking family, acquired a stake in crypto exchange Kraken last month. The $5.3 billion dollar investment trust RIT Capital Partners has acquired a stake in leading crypto exchange Kraken. The London based-trust, formerly named Rothschild Investment Trust, holds ties to the Rothschild banking family of England through Chairman Jacob Rothschild. In an April 12 note to investors, James Glass described the exchange “one the world’s biggest crypto exchanges having been founded in 2011. It has more than 6M clients and is the 4th largest exchange....
On-chain data shows the Bitcoin miners are currently making more than $50 million in daily revenue. Here’s whether this is near the record or not. Bitcoin Miner Revenue Has Seen A Surge Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about the latest trend in the revenue of the […]