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Bitcoin’s Hash Rate Hits All-Time High on Christmas, But It’s Not All Good News

Bitcoin’s hash rate reached a record-breaking 544 exahashes per second (EH/s) on December 25, marking a remarkable 130% increase since January, when it stood at 253 EH/s. The surge in…

Continue ReadingBitcoin’s Hash Rate Hits All-Time High on Christmas, But It’s Not All Good News

Tether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

In a week that saw Bitcoin surging to an impressive $42,000, Tether, the company behind the world’s largest stablecoin, witnessed a substantial increase in the value of its BTC holdings,…

Continue ReadingTether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge