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The Entry Australian Crypto Convention was published first on CoinFabrik.
<p class="MsoNormal">Coinbase, an American cryptocurrency exchange, is expecting its revenue for the fiscal year 2022 to be “about roughly half or less” than its revenue in 2021, Brian Armstrong, the firm’s Chief Executive Officer, told Bloomberg on Wednesday. </p><p class="MsoNormal">The exchange also tweeted the same information, noting that the projection is in line with the outlook provided on our Q3 earnings call on Nov 3, 2022.</p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Our CEO recently sat down with David Rubenstein at Bloomberg. Brian indicated that he expects Coinbase FY2022 revenue to be less than half of FY2021 revenue. This view is consistent with the outlook provided on our Q3 earnings call on Nov 3, 2022.<a href="https://t.co/iCDO16bFf2">https://t.co/iCDO16bFf2</a></p>— Coinbase (@coinbase) <a href="https://twitter.com/coinbase/status/1600562073997434880?ref_src=twsrc%5Etfw">December 7, 2022</a></blockquote><p class="MsoNormal">Crypto Market Turmoil</p><p class="MsoNormal">This expectation of a sharp decline in the crypto exchange’s revenue comes on the heels of the collapse of top crypto firms this year and plummeting market prices of digital assets. </p><p class="MsoNormal">In early November, <a href="https://www.financemagnates.com/cryptocurrency/ftx-the-rise-the-fall-and-the-reaction/">the collapse</a> of the Bahamas-headquartered crypto exchange, FTX, sent shock waves across the crypto industry. The exchange, one-time one of the industry’s largest, is currently undergoing <a href="https://www.financemagnates.com/cryptocurrency/sam-bankman-fried-finds-attorney-ftx-probes-build-up/" target="_blank" rel="follow">bankruptcy proceedings in the US</a> and facing civil and <a href="https://www.financemagnates.com/cryptocurrency/the-bahamas-will-not-share-information-on-ftx-probe-attorney-general/">criminal investigation</a> in the Bahamas.</p><p class="MsoNormal">Check out the recent Finance Magnates London Summit 2022 session on the future of cryptocurrencies.</p><p class="MsoNormal">In the fall-out of FTX, American crypto lender BlockFi late last month <a href="https://www.financemagnates.com/cryptocurrency/crypto-lender-blockfi-files-for-bankrupty-protection-in-the-us/">filed for bankruptcy protection</a> in the US. Earlier in the year, crypto lenders <a href="https://www.financemagnates.com/cryptocurrency/news/celsius-network-reportedly-faces-us-federal-investigation/">Celsius Network</a> and <a href="https://www.financemagnates.com/cryptocurrency/ftx-us-wins-bid-to-acquire-voyager-digitals-crypto-assets/">Voyager Digital</a> also filed for bankruptcy in the aftermath of the Terra-Luna collapse. Also, a British Virgin Islands court recently <a href="https://www.financemagnates.com/cryptocurrency/news/three-arrows-capital-gets-liquidation-order-from-bvi-court/">ordered the liquidation</a> of erstwhile Singapore-based crypto hedge fund, Three Arrows Capital.</p><p class="MsoNormal">According to CoinMarketCap, the global crypto market capitalization currency stands at about $840.67 billion, down from over $2 trillion at the start of the year. In August, bitcoin deposits on exchanges hit <a href="https://www.financemagnates.com/cryptocurrency/news/btc-exchange-deposits-reach-the-lowest-level-in-2-years/">a two-year low</a> amidst crumbling cryptocurrency prices.</p><p class="MsoNormal text-align-justify">Worsening Revenue</p><p class="MsoNormal">While Coinbase <a href="https://www.financemagnates.com/cryptocurrency/news/coinbase-beats-q4-estimations-doubles-revenue/">doubled its revenue</a> during the fourth quarter of 2021 to $2.5 billion, by the second quarter of 2022, the revenue <a href="https://www.financemagnates.com/cryptocurrency/coinbase-posted-over-1-billion-losses-in-q2-2022/">dropped to $808.3 million</a>, with over $1 billion posted in losses. At the end of the third quarter of the current fiscal year, its net revenue came in at $576 million, which is approximately a <a href="https://www.financemagnates.com/cryptocurrency/coinbase-narrows-q3-losses-despite-a-declining-transaction-revenue/">-29% decline</a>. </p><p class="MsoNormal">According to financial markets data provider, Refinitiv, analysts expect Coinbase’s revenue to tank by 75% to $621.5 million at the end of the fourth quarter.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.
Things are looking promising for November 2022. In this article, we're going to list the top 4 altcoins to buy in November 2022. Let's go!
December 13, 2021, 9:07PM EST • 7 min read Quick Take Roughly $3.84 billion was deployed into crypto-related companies last month. Last month’s funding was the highest this year and equated to more private investment than all of 2020 combined A revival in DeFi investment last month has primarily been related to VC firms backing […]
It has been a very busy month in the nano ecosystem with the arrival of nano’s new currency symbol ? and ticker, XNO among a plethora of other new additions to the ecosystem from the community in addition to a new Nano Foundation team member! In this digest we also share our refreshed site, the […]
This month, the much-anticipated Wing Flash Pool (BSC) successfully launched! This means that Wing users have one more way to participate in the Wing Flash Pool. In addition, the Wing DAO community also organized a number of celebrations, attracting many digital asset holders to participate. This greatly increased Wing’s liquidity, and Wing Flash Pool (BSC) […]
Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions, has announced a partnership with bloXmove, a business-to-business mobility blockchain platform designed to simplify travel across multiple forms of transportation by connecting mobility apps and reducing the need for users to switch between them. bloXmove will integrate Ontology’s decentralized […]
Fascinating contradictions were witnessed as the market projected a classic bull versus bear tug of war. Cardano has not been performing well, and it continues its bearish streak with slight chances of a bullish revival. On the other hand, Tron and DASH have steadily traversed in an up-channel and obliged their respective trendlines. Cardano (ADA) […]
While the crypto market cap has yet again hit a $2.6T-mark, altcoins like Cardano and Shiba Inu hit their weekly lows over the past three days. Their near-term technicals confirmed a bearish inclination but showed slight recovery signs. On the contrary, MANA was on an uptrend since last week by registering over 48% weekly ROI. […]
Like every month, crypto enthusiasts wait for airdrops of different crypto projects. Airdrops are distributions of cryptocurrency tokens or coins for free, to numerous wallet addresses. They are basically a way of garnering mass attention and gaining new followers, thus resulting in a larger user base. What might the requirements be you might be asking? Well, users are often required to follow very easy and simple steps in order to enter a draw. If chosen, users will receive free coins which they can either hold or sell for a profit. In this month of November 2021, there are FIVE interesting airdrops that are about to start accepting participation. Here are the Top 5 Upcoming Airdrops November 2021.
#5 Dogs Of Elon (DOE)
About the Project
Meme coin hodlers have a new alternative to the NFT project CryptoPunks. Meet Dog of Elon, a project made for the meme coin community. As with any Meme project, they want to defy the mainstream and show that communities have great power and clout.
Dogs of Elon have created 10,000 unique NFTs featuring K-9, with special sub-collections containing 30 unique Elons and 70 zombies Doges.
How to Participate in the Airdrop
#4 Automata Network (ATA)
About the Project
Automata Network is a private governance project. They aim to provide an off-chain private solution for participants to vote without revealing either their identity or preference in blockchain governance. This helps users remain anonymous while keeping the governance activity running smoothly in any project. Gone are the days where users are targeted and segmented.
They also have a system where transactions are ordered in a First-In-First-Out sequence. In turn, the fully private design implies that no alpha actors are able to view or influence the order of events.
How to Participate in the Airdrop
1 - Add ATA to your CoinMarketCap watchlist: https://coinmarketcap.com/currencies/automata-network/
2 - Follow Automata Network and CryptoTicker on Twitter: https://twitter.com/automatanetwork, https://twitter.com/CryptotickerIo
3 - Like, retweet, and tag 3 friends with the hashtag #AutomataMainnet with the pinned post on our Twitter account: https://twitter.com/AutomataNetwork/status/1455153839317741576
4 - Join the Telegram channel: https://t.me/ata_network
5 - Join the Telegram announcement channel: https://xata.to/announcement
Disclaimer: Automata Network is responsible for and will select the winning participants from those who have completed all steps of the Airdrop campaign. All bots will be automatically disqualified.
#3 GoldMiner (GM)
About the Project
GoldMiner is a play-to-earn third-person shooter game. The user's goal is to increase the mining hit rate and equip the character with unique NFTs to help the character increase the game output. This project combines DeFi, NFT, gaming, and collectibles at the same time!
GM is the native in-game currency token. It is used to trade, exchange, and buy game props.
How to Participate in the Airdrop
1 - Go to https://coinmarketcap.com/
2 - Search for GoldMiner
3 - Add GoldMiner to your CoinMarketCap watchlist: https://coinmarketcap.com/currencies/goldminer/
4 - Follow GoldMiner and CryptoTicker's Twitter account: https://twitter.com/DeFiGoldMiner, https://twitter.com/CryptotickerIo
5 - Retweet the GoldMiner NFTs Airdrop event and tag 3 of your best friends that love the GoldMiner.
6 - Join GoldMiner telegram group: https://t.me/GoldMiner_Game
7 - Join GoldMiner telegram channel:https://t.me/DeFiGoldMiner_Channel
8 - Fill in the airdrop form and leave your BSC address. The form will be available on https://coinmarketcap.com/currencies/goldminer/ once the event starts.
How to view NFT 1 - Receive: The NFT airdrop will be automatically sent to the winner’s wallet address, which can be viewed by logging in to the GoldMiner official website
2 - Check: Winners can temporarily check the NFT obtained on the GoldMiner official website. After the game is officially launched, it will be dynamically displayed in the game.
3 - NFT can be traded in the market, the lowest price is 329$. At the same time, the team will open a pool of pledged mining for NFT after the token is launched to fill the gap in the use of NFT before the game is officially launched. After the game is online, NFT will be used as a necessary prop for the game to strengthen your attributes.
#2 Radio Caca (RACA)
About the Project
Radio Caca is behind the NFT game Metamon and has the USM metaverse. Metamon is an online Play-To-Earn Battle Royale video game on PC that is competitive and free-to-play. The game has more than 10,000 daily active users as claimed by the project.
How to Participate in the Airdrop
1- Add RACA to your CoinMarketCap watchlist: https://coinmarketcap.com/currencies/radio-caca/
2 - Follow Radio Caca’s official Twitter account: https://twitter.com/RadioCacaNFT
3- Follow Binance Smart Chain’s official Twitter account: https://twitter.com/BinanceChain
4- Follow USM Lab Twitter account: https://twitter.com/USMverse
5- Follow USM Chain and CryptoTicker Twitter account: https://twitter.com/USMchain, https://twitter.com/CryptotickerIo
6 - Like and retweet the Radio Caca x CoinMarketCap Airdrop Tweet, pinned on Twitter: https://twitter.com/radiocacanft/status/1458430540411924484 and tag at least 3 of your friends while using the hashtags #RACA #BSC #Metamon
7 - Join Radio Caca’s Telegram group: https://t.me/RadioCaca
8 - Join Radio Caca’s Discord server: discord.gg/34qREVgv3h
9- Login to the Metamon game with your wallet address: https://metamon.radiocaca.com/ (optional)
#1 KAKA NFT World (KAKA)
About the Project
KAKA NFT World is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming combined with NFT + DEFI. The project has not much presence online except on Twitter and Discord. Even their website is under construction. Hopefully, more information will be available soon.
How to Participate in the Airdrop
All $KAKA holders can trade their $KAKA through PancakeSwap in about one week after IDO. They can also join the event of Santa KA-laus is Coming to Town to win another 100,000 $KAKA Tokens through KAKA Official which is for celebration of Christmas. More event detail is available on https://www.kakanft.com/
Passive crypto income© Cryptoticker
The post Top 5 Upcoming Airdrops – November 2021 appeared first on CryptoTicker.
Recently, Ontology founder Li Jun was interviewed by MarTech Series. He shared his views on the future development of Web3 and discussed the development of Ontology ecosystem. Since its establishment, Ontology’s decentralized identity protocol has been adopted by many companies around the world. In the future, we expect more and more users to adopt decentralized […]
The anniversary of Guy Fawkes’ Gunpowder Plot is a perfect time to remember Bitcoin as truth, and to move another step closer to obsoleting the parasitic nature of the current system.
The Leveraged MicroStrategy ETF has seen a significant decline of 81% since November. This decline has been attributed to various factors such as market volatility, changing economic conditions, and shifts in investor sentiment. In recent months, the Leveraged MicroStrategy ETF has struggled to maintain its value, leading to a steep drop in its performance. Investors [...]
The post MicroStrategy ETF Plummets 81% Since November: What Went Wrong? appeared first on Crypto Breaking News.
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin's price higher.
NFTs had a monthly sales volume of over $562 million in November, surpassing Octobers record of $356 million.
The most noteworthy token unlocks in November include Memecoin, Aptos, Arbitrum, Avalanche and Optimism.
Cryptocurrency hackers continue damaging the industrys reputation as the yearly value stolen through cyberattacks nears $1.5 billion.
Cryptocurrencies are always evolving, right? One year, its all about NFTs, and the next, DeFi protocols take the spotlight. With November rolling in, the market has already begun to shift focus to projects that are doing more than just riding the hypetheyre solving real problems. Its a tricky space, but if youre looking for the […]
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