The reduction in Bitcoin production for miners in May due to halving is more than 40%.

Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and automatically reduces miner rewards, thereby enhancing the flagship digital asset’s scarcity. This year, the event cut mining rewards to 3.125 BTC — significantly decreasing total
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In the span of six months, short-term holders of Bitcoin have grown their holdings by more than 1 million BTC.

Onchain Highlights DEFINITION: The total supply held by short-term holders [BTC] is the total amount of circulating supply held by short-term holders. Long-term and Short-Term Holder supply is defined with respect to the entity’s average purchasing date, with weights given by a logistic function centered at an age of 155 days and a transition width of
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Bitcoin ETFs experienced their most successful day yet, with no money leaving the market and a total of $887 million amassed.

Quick Take Farside data shows that on June 4, Bitcoin exchange-traded funds (ETFs) saw significant inflows, with a total of $886.6 million. This makes it the second-largest day of inflows since launch, trailing only March 12, which saw over $1 billion in inflows. Notably, this is the largest inflow ever for a day when no
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The CEO of a cryptocurrency company shares the reasons that will propel the price of XRP to $10,000.

Simon McLoughlin, the Chief Executive Officer (CEO) of Uphold, a cloud-based financial services platform, has expressed optimism about the XRP price outlook despite the cryptocurrency’s stagnant price. McLoughlin predicts that the XRP price could surge as high as $10,000, surpassing the value of the world’s second-largest cryptocurrency, Ethereum.  XRP Price To Reach $10,000 A crypto

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The Bitcoin mining hashrate recently experienced its largest drop since the ban in China.

On-chain data shows the 7-day average Bitcoin mining hashrate has just witnessed its largest plunge since the China ban back in 2021. Bitcoin Mining Hashrate Has Just Observed The Sharpest Drop In 3 Years The “mining hashrate” refers to a measure of the total amount of computing power that the miners have connected to the

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Analyst: Solana excels in product execution, but Ethereum remains superior.

Solana and Ethereum are the clear competitors in the epic battle of supremacy. Though Ethereum was the first smart contracts platform, there are inherent problems like scalability that new chains like Solana and Cardano, for example, aim to solve. Solana Developers Doing Well In “Product Execution” And Communication Taking to X, one observer notes that

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Is it possible for the price of Shiba Inu to reach a new all-time high of $0.0001? The analyst believes that the situation is near.

Despite having a good year in 2024, the Shiba Inu price has yet to beat its previous all-time high price of $0.00008. This has sparked speculations of whether the meme coin would be able to reach new milestones such as $0.0001. In regards to this, a crypto analyst has unveiled a brand new analysis and

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Missing ‘Crypto Queen’ believed to be murdered by Bulgarian drug lord, according to hunted woman.

Ruja Ignatova disappeared seven years ago after a warrant from US authorities was issued to arrest her. The self-proclaimed “Crypto Queen” was responsible for OneCoin’s Ponzi scheme that took $4.5 billion from investors. Now, a BBC investigation suspects that the missing crypto scammer could have been murdered by a Bulgarian drug lord years ago. Related

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