Bitcoin revenue in April represents $3B a year, ETC group says

CoinDesk Analysis Team CoinDesk

ETC Group, which in June launched the first bitcoin exchange-traded product (ETP) in the U.K., said the cryptocurrency generated an annualized $3 billion of revenue for miners in April.

ETC's first report on the industry also shows transaction volumes on Ethereum increased more than 2,000% in the second quarter to $777.1 billion, up from $36.1 billion a year before, the company said.
Volumes on decentralized exchanged surged to $283.8 billion from $3.4 billion.
The bitcoin revenue figure is calculated from transaction fees on the network.

Author

CoinDesk Analysis Team

CoinDesk

CoinDesk is the media platform for the next generation of investors exploring how cryptocurrencies and digital assets are contributing to the evolution of the global financial system.

BNB Price Forecast: Correction extends as bearish signals point to deeper losses

BNB, formerly known as Binance Coin, continues to extend its losses, trading below $573 at the time of writing on Friday, losing over 7% so far this week. Muted institutional demand, rising short bets and falling Open Interest signal growing downside bias.

Bitcoin network activity hits new high despite stalled prices — CryptoQuant

Bitcoin's onchain activity has climbed to its strongest level of 2026 even as the top crypto continues to trade under bearish pressure, according to a Thursday report from CryptoQuant. The recovery in network activity is being driven almost entirely by transaction volume rather than higher-value economic transfers.

Cardano Price Forecast: Derivatives and on-chain losses compound bearish trend

Cardano (ADA) remains under pressure, trading below $0.165 and losing over 11% so far this week. Weakening derivatives metrics and deteriorating on-chain data support further correction on ADA. Cardano derivatives metrics support a negative outlook.

Crypto Overview: Bitcoin extends decline amid US-Iran negotiation concerns – BCH, HYPE lead losses

The broader cryptocurrency market feels the weight of strained US-Iran negotiations, pushing Bitcoin (BTC) below $63,000 on Friday. Israeli missile strikes over Lebanon bend the first clause of the peace agreement, raising concerns over the renewed passage through the Strait of Hormuz.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.