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Bitcoin miners notched another month of growing revenue, according to The Block Research.
Miners brought in a collective $755.4 million, most of which came as block rewards.
#bitcoin #mining #revenue #Bullish #cryptoonindia
Miners brought in a collective $755.4 million, most of which came as block rewards.
#bitcoin #mining #revenue #Bullish #cryptoonindia
Telegram: 40% Revenue from Crypto, $108M Loss, $400M in TON Holdings 📝
Telegram generated $342.5 million in #revenue in 2023, with 40% of this coming from crypto-related sources, including an integrated wallet and the sale of digital collectibles like usernames and virtual phone numbers.
Despite this, #Telegram ended the year with a $108 million loss. Notably, the company holds nearly $400 million in crypto assets (mainly $TON), which exceeds its cash reserves.
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Telegram generated $342.5 million in #revenue in 2023, with 40% of this coming from crypto-related sources, including an integrated wallet and the sale of digital collectibles like usernames and virtual phone numbers.
Despite this, #Telegram ended the year with a $108 million loss. Notably, the company holds nearly $400 million in crypto assets (mainly $TON), which exceeds its cash reserves.
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🚨NEWS ALERT🚨
........🔴#Internationalmonetaryfund SUGGESTED TAX ON CRYPTO MINING🔴.........
The International Monetary Fund (#IMF ) has suggested implementing a tax on #CryptocurrencyMining to combat air pollution, which could lead to an 85% surge in electricity costs for miners.
The proposed tax of $0.089 per kilowatt-hour aims to encourage the industry to cut carbon emissions, with the potential to generate an additional $5.2 billion in global government #revenue annually.
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........🔴#Internationalmonetaryfund SUGGESTED TAX ON CRYPTO MINING🔴.........
The International Monetary Fund (#IMF ) has suggested implementing a tax on #CryptocurrencyMining to combat air pollution, which could lead to an 85% surge in electricity costs for miners.
The proposed tax of $0.089 per kilowatt-hour aims to encourage the industry to cut carbon emissions, with the potential to generate an additional $5.2 billion in global government #revenue annually.
⚠️ Don't forget to VOTE 👍 me on my Profile for the next 14 days ⚠️
🔴 Plz your one vote matters alot
💲#TRON✅ 's revenue in the third quarter reached a record high of $577 million💲
In the past month alone, the #Network generated nearly $198 million, and over $1.66 billion for the year.
According to the project's founder, #JustinSun , third-quarter #revenue was 43% higher than in the second quarter. He also predicted continued growth in revenue over the next 90 days.
#BinanceLaunchpoolHMSTR
In the past month alone, the #Network generated nearly $198 million, and over $1.66 billion for the year.
According to the project's founder, #JustinSun , third-quarter #revenue was 43% higher than in the second quarter. He also predicted continued growth in revenue over the next 90 days.
#BinanceLaunchpoolHMSTR
_Telegram's Crypto Success: A Sign of Growing Mainstream Adoption_
In a move that highlights the increasing importance of cryptocurrency in the digital landscape, Telegram, the popular messaging app, has revealed that it held a staggering $400 million in crypto assets at the end of 2023. This significant investment in cryptocurrency is a clear indication that Telegram is betting big on the future of crypto.
But that's not all - Telegram's revenue from crypto activities soared to $148 million, accounting for nearly 40% of the company's total revenue. This impressive figure demonstrates the substantial impact that cryptocurrency is having on Telegram's bottom line.
The Rise of Crypto in Messaging Apps
Telegram's foray into cryptocurrency is not new. In 2020, the company launched its own cryptocurrency, Gram, which was designed to facilitate fast and secure transactions within the app. Although the project faced regulatory hurdles, Telegram's commitment to cryptocurrency remained unwavering.
The success of Telegram's crypto endeavors can be attributed to its large user base and the growing demand for cryptocurrency services. As more people become familiar with cryptocurrency, messaging apps like Telegram are well-positioned to capitalize on this trend.
The Future of Crypto Adoption
Telegram's crypto success is a clear sign that cryptocurrency is becoming increasingly mainstream. As more companies and individuals invest in cryptocurrency, the stigma surrounding it is slowly dissipating.
This growing adoption of cryptocurrency has significant implications for the future of finance and technology. As cryptocurrency becomes more widely accepted, we can expect to see new use cases emerge, from cross-border payments to decentralized finance (DeFi).
What's Next for Telegram?
As Telegram continues to invest in cryptocurrency, it's likely that we'll see new features and services emerge within the app. From crypto payments to decentralized applications, the possibilities are endless.
Moreover, Telegram's success in cryptocurrency may inspire other tech companies to follow suit. As the competition heats up, we can expect to see new innovations and use cases emerge, further solidifying cryptocurrency's place in the digital landscape.
Conclusion
Telegram's crypto success is a significant milestone in the journey towards mainstream adoption. As more companies and individuals invest in cryptocurrency, we can expect to see new use cases emerge and the stigma surrounding cryptocurrency dissipate.
The future of finance and technology is rapidly changing, and cryptocurrency is at the forefront of this revolution. With Telegram leading the charge, it's exciting to think about what's next for cryptocurrency and its potential to transform the world.
#Telegram #TelegramCEO #revenue #MainstreamAdoption #cryptoFuture
But that's not all - Telegram's revenue from crypto activities soared to $148 million, accounting for nearly 40% of the company's total revenue. This impressive figure demonstrates the substantial impact that cryptocurrency is having on Telegram's bottom line.
The Rise of Crypto in Messaging Apps
Telegram's foray into cryptocurrency is not new. In 2020, the company launched its own cryptocurrency, Gram, which was designed to facilitate fast and secure transactions within the app. Although the project faced regulatory hurdles, Telegram's commitment to cryptocurrency remained unwavering.
The success of Telegram's crypto endeavors can be attributed to its large user base and the growing demand for cryptocurrency services. As more people become familiar with cryptocurrency, messaging apps like Telegram are well-positioned to capitalize on this trend.
The Future of Crypto Adoption
Telegram's crypto success is a clear sign that cryptocurrency is becoming increasingly mainstream. As more companies and individuals invest in cryptocurrency, the stigma surrounding it is slowly dissipating.
This growing adoption of cryptocurrency has significant implications for the future of finance and technology. As cryptocurrency becomes more widely accepted, we can expect to see new use cases emerge, from cross-border payments to decentralized finance (DeFi).
What's Next for Telegram?
As Telegram continues to invest in cryptocurrency, it's likely that we'll see new features and services emerge within the app. From crypto payments to decentralized applications, the possibilities are endless.
Moreover, Telegram's success in cryptocurrency may inspire other tech companies to follow suit. As the competition heats up, we can expect to see new innovations and use cases emerge, further solidifying cryptocurrency's place in the digital landscape.
Conclusion
Telegram's crypto success is a significant milestone in the journey towards mainstream adoption. As more companies and individuals invest in cryptocurrency, we can expect to see new use cases emerge and the stigma surrounding cryptocurrency dissipate.
The future of finance and technology is rapidly changing, and cryptocurrency is at the forefront of this revolution. With Telegram leading the charge, it's exciting to think about what's next for cryptocurrency and its potential to transform the world.
#Telegram #TelegramCEO #revenue #MainstreamAdoption #cryptoFuture
Moonshot Sees 1657% Revenue Surge, Reaches $498K in 30 Days 🔥
#Moonshot reported impressive #revenue of $498K over the past 30 days, reflecting a 1657% month-over-month growth.
The #platform has attracted approximately 4,000 distinct daily users.
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#crypto2024
#Moonshot reported impressive #revenue of $498K over the past 30 days, reflecting a 1657% month-over-month growth.
The #platform has attracted approximately 4,000 distinct daily users.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024
