Bitcoin Depot, the largest Bitcoin ATM operator in the United States, has reported robust revenues despite the highly volatile nature of cryptocurrency prices. In its recently filed 10-K annual report on April 15, the company revealed that its revenues in 2023 and 2022 amounted to $689 million and $647 million, respectively, showing no significant correlation...
The Singapore stock market has moved lower in four straight sessions, slipping more than 90 points or 3 percent along the way. The Straits Times Index now rests just beneath the 3,145-point plateau and it\'s looking at a steady start on Wednesday. The global forecast for the Asian markets suggests little movement, with bargain hunting...
Crypto-supportive litigator John Deaton is off to a strong start in his bid to displace Massachusetts Senator Elizabeth Warren from her place in Parliament – at least when it comes to fundraising. John Deaton’s Campaign Fundraising As reported by Eleanor Terret of Fox Business, the lawyer-turned-senate hopeful raised $1.36 million for his campaign Q1, compared...
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies. In a CoinDesk interview in February 2024, Theilin stated that “Bitcoin rallies an average of 32% in 60 days ahead of the halving”. Citing it to be upheld as...
Japan posted a merchandise trade surplus of 366.5 billion yen in March, the Ministry of Finance said on Wednesday. That beat forecasts for a surplus of 107.4 billion yen following the upwardly revised 377.8 billion yen deficit in February (originally -379.4 billion yen). Exports were up 7.3 percent on year to 9.469 trillion yen after...
Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation of new technologies like blockchain and artificial intelligence, forward-thinking brands have...
According to Grayscale, recent inflation figures may have a short-term negative impact on crypto, but continuous inflation will ultimately increase sentiment towards cryptocurrency. Inflation refers to the prolonged increase in the general price level of goods and services in an economy over time, usually resulting in a decline in the purchasing power of fiat currency....
The Taiwan stock market has tracked lower in five straight sessions, slumping almost 900 points or 4.4 percent along the way. The Taiwan Stock Exchange now sits just above the 19,900-point plateau and it may stop the bleeding on Wednesday. The global forecast for the Asian markets suggests little movement, with bargain hunting pitted against...
Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms. Per an official Liberal Democratic Party release and a report from the Japanese-language media outlet CoinPost, the party’s web3 project team unveiled a “White Paper” on April 12. In February, the government unveiled plans to allow venture capital...
BTC has dipped by 0.5% today, with the Bitcoin price more or less holding to the $70,700 level on a day when the crypto market has fallen by 1%. Bitcoin remains up by 5.5% in a week, with its market cap returning to $1.39 trillion in the past 24 hours, in a sign of returning...