Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s)…
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The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion
According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The…
Liquidity fragmentation on Bitcoin is a necessary issue to reach scalability – Neon EVM exec
Liquidity fragmentation, while challenging, is an inevitable step towards achieving greater scalability and utility in Bitcoin's ecosystem. The post Liquidity fragmentation on Bitcoin is a necessary issue to reach scalability…
Bitcoin short-term holders underwater as market pressure mounts – Glassnode
Short-term Bitcoin holders face mounting losses, potentially leading to increased market volatility and signaling a bearish trend transition. The post Bitcoin short-term holders underwater as market pressure mounts – Glassnode…
Growing Crypto Liquidity: $3.65 Billion in New USDT Yet to Be Allocated
Liquidity is growing in the crypto market, yet it remains largely unallocated. Over the past 30 days, more than $3.65 billion has been injected into the market through the issuance…
Bitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading
On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million…
Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his…
US Bitcoin ETFs bleed $288 million post-Labor Day
Post-Labor Day Bitcoin ETF outflows highlight investor caution and potential volatility in the cryptocurrency market, impacting fund stability. The post US Bitcoin ETFs bleed $288 million post-Labor Day appeared first…
Trump’s Crypto Platform Hit by Scammers Promising $15,000 Giveaways
Former U.S. President Donald Trump’s family-backed cryptocurrency platform has been targeted by scammers, leading to over 70,000 users being misled with fake crypto giveaways. Scammers have posted fraudulent ads on…
Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom
Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September…
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