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Bitcoin (BTC) miners are demonstrating unwavering commitment as the network’s hash rate approaches an all-time high, according to a recent Glassnode report. The report noted that the 14-day moving average hash rate has climbed to 666.4 exahashes per second (EH/s), just 1% shy of the record. This ind…
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a …
Recent developments show that Ethereum has entered oversold territory. This is undoubtedly a bullish development for the second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000. ETH Ready For Liftoff Having Entered Oversold Territory Crypto analyst…
A U.S. crypto advocacy group will hold its second "Stand with Crypto Day," which will include a performance from The Chainsmokers.
Brazil's Central Bank has selected 13 themes for the second phase of its Central Bank Digital Currency (CBDC) pilot, Drex, focusing on testing financial services through smart contracts managed by third parties.
Amid the broader market uncertainty, (DOGE) price has decreased to $0.0096 after trading at $0.12 just ten days ago. This decline may be tied to Ethereum’s (ETH) performance, as ETH has played a key role in Dogecoin’s past rallies. However, unlike previous instances, Ethereum may now limit DOGE’s ch…
The crypto market hints at an extended correction in September as Bitcoin struggles to hold above the $60,000 mark. If the bearish trend intensifies, SHIB, the second-largest meme coin, could break below its crucial $0.000012 support, opening the door for Shiba Inu rivals to capture investor interes…
BlackRock's Bitcoin ETF has recorded its second day with negative flows since its inception
Ethereum, the second largest cryptocurrency asset, is currently in the limelight as crypto investors have recently demonstrated their renewed interest in and adoption of the historical Spot Ethereum Exchange-Traded Funds (ETFs). Millions of dollars were seen flowing into the products after the marke…
The Open Network is back online again after the demand for a new memecoin called DOGS caused the network to go down twice in 36 hours.
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate incre
Here's a look at how Apollo, Citadel, Millennium Management and others bought and sold spot Bitcoin ETFs in the second quarter.