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English luxury automaker Aston Martin recently saw its shares surge following its optimistic 2023 forecast. The shares of English luxury automobile manufacturer Aston Martin (LON: AML) have surged 14% on the company’s 2023 profitability forecast. Aston Martin forecasts better profitability this year despite increased pretax losses in 2022 due to
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Lime entered 2022 with a very robust capital base, helping it survive the liquidity crunch that many firms on Wall Street had to face. American micro-mobility and electric scooter company Lime has announced a full year of profitability in 2022 for the first time in its history. According to a
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“By introducing a revised tokenomics model that focuses on a virtuous flywheel for long-term RDNT stakers, Radiant v2 constitutes an effective iterative upgrade on RDNT v1,” pseudonymous crypto investor and researcher DeFi Maestro told CryptoX, adding that the “flywheel encourages users to participate more actively in the protocol via rewards
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“We believe FTX’s bankruptcy in November has severely hit the crypto industry’s perceived credibility, causing a lack of retail engagement,” S&P wrote. “As a result, trading volumes across exchanges, including Coinbase, have declined sharply.” Source
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Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitable swaps for crypto investors. The Fusion mode in 1inch Swap Engine allows DeFi investors to place orders with a predecided price and
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MATIC has had a rollercoaster of a year. Its price has fluctuated between cycle peaks and cycle lows year-to-date but has seen some good recoveries as well. However, as the week draws to a close, MATIC dove off its $0.9 cliff, and investor profitability has plummeted right along with it. MATIC
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At these “depressed profitability levels, even miners using energy-efficient machines like the Antminer S19j Pro need access to electricity priced lower than $0.08 per kWh,” said Jaran Mellerud, an analyst at Luxor. Even though the average energy price on the network is about $0.05 per kilowatt hour (kWh), many miners
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The latest Glassnode report focuses on the topic of the day: bitcoin mining. While bitcoin’s price has been suspiciously flat for a
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Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their tokens at an average loss of 42%.Bitcoin long term holders. Source: GlassnodeThe Glassnode data indicate that long-term holders
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It seems that crypto mining profitability has decreased with the price of Bitcoin tanking in 2022. As a result, many mining companies
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