Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs. As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blockchain.com. The figure shows growing competition and higher difficulty, … Read more
Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs. As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blockchain.com. The figure shows growing competition and higher difficulty, … Read more
Ethena’s synthetic stablecoin, USDe, has crossed $8.4 billion in supply, adding more than $3.14 billion over 20 days in a surge that outpaced flows into BlackRock’s (BLK) flagship bitcoin and ether exchange-traded funds. (Ethena) According to on-chain data curated by the Ethena community, the supply increase since July 17 is the fastest period of growth … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3811.95, down 2.5% (-97.17) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-1.3%) and BCH (-1.4%). Laggards: SUI (-5.2%) and NEAR … Read more
Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback … Read more
Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback … Read more
Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback … Read more
Bitcoin (BTC) miners enjoyed another strong month in July, with profitability reaching the highest level since the last halving event, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Bitcoin miners earned an average of $57,400 per EH/s in daily block reward revenue in July, up 4% from June, representing the highest level … Read more
Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback … Read more
Key points: Bitcoin seals another multi-week low, this time filling a July gap in CME’s Bitcoin futures market. Traders hold mixed views of where BTC price will head next. US trade tariffs appear to impact Bitcoin and crypto more than US stocks. Bitcoin (BTC) hit new three-week lows Friday as US trade tariffs soured market … Read more