Despite the high volatility of cryptocurrency prices, major industry players such as Bitcoin Depot, a leading Bitcoin ATM operator, report little impact on their business performance. In its latest 10-K annual report filed on April 15, Bitcoin Depot disclosed that its revenues show no historical correlation with Bitcoin’s fluctuating prices. The company reported revenues of $689 million in 2023 and $647 million in 2022, which did not fluctuate in tandem with Bitcoin’s price movements. Throughout 2023, while Bitcoin’s value surged by 155%, Bitcoin Depot’s revenue grew by only 6%. This indicates a disconnect between the company’s financial performance and the
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US Inflation Signals Bullish Trend, BTC, ETH, and ALGT Ready to Skyrocket in Price
The recent U.S. inflation data indicating a 3.4% increase in consumer prices from last year has sparked optimism in the cryptocurrency market. Bitcoin (BTC), Ethereum (ETH), and other altcoins like ALGT are poised for a potential surge in prices. BTC surged to $64,492, supported by bullish signals above key EMAs, while ETH rose to $2,960.94. The post US Inflation Signals Bullish Trend, BTC, ETH, and ALGT Ready to Skyrocket in Price appeared first on Live Bitcoin News .
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OpenAI CEO Apologizes for Equity Cancellation Clause
Amid recent resignations at OpenAI, CEO Sam Altman has addressed concerns regarding a controversial clause in the company’s exit agreements that suggested the potential for equity cancellation. Altman emphasized that OpenAI has never used this clause and guaranteed the vested equity will not be affected by any separation agreements or non-disparagement agreements.. OpenAI Clarification on The post OpenAI CEO Apologizes for Equity Cancellation Clause appeared first on CoinGape .
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Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze
Venezuela’s Ministry of Electric Power announced plans to disconnect cryptocurrency mining farms from the national grid to manage high energy demand and ensure reliable power supply to its citizens. The decision follows the recent seizure of 2,000 cryptocurrency mining machines as part of an anti-corruption drive. Venezuela Intensifies Crackdown on Illegal Crypto Mining In response The post Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze appeared first on CoinGape .
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5 Most Expensive Crypto To Buy This Month
Digital asset prices are moving up in the market with investors looking for expensive crypto to buy amid future gains. The adoption of blockchain technology and cryptocurrencies has sparked a surge in digital asset prices. A comparison in the last couple of years shows a jump in prices of expensive crypto assets. From Bitcoin (BTC) The post 5 Most Expensive Crypto To Buy This Month appeared first on CoinGape .
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BlockDAG, ADA, and HBAR: Exploring Top Crypto To Buy
Must-Watch Cryptocurrencies in 2024: BlockDAG to Hit $30 by 2030, Cardano Surges, Hedera’s Explosive Growth The world of cryptocurrencies embodies organized chaos, while Cardano and Hedera are capturing increased market interest, buoyed by optimistic ADA price projections and favorable developments for Hedera (HBAR). BlockDAG is quickly establishing itself as a
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