Bitcoin’s hashrate has dropped by 11% due to miner profitability reaching its lowest levels in three years.

On-chain data shows the Bitcoin mining hashrate has registered a decrease of 11% recently as miner profitability has dropped to a 3-year low. Bitcoin Miners Haven’t Been Under This Much Stress In 3 Years As pointed out by CryptoQuant community manager Maartunn in a post on X, Bitcoin miners are being significantly underpaid right now.

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From Binance to the library shelves? The next chapter for the former CEO may be unexpected.

Changpeng Zhao, the enigmatic founder of cryptocurrency giant Binance, has sparked a firestorm of speculation with a recent social media post hinting at a potential career shift. Following a legal battle with the US Department of Justice that concluded with a surprisingly lenient sentence, CZ, as he’s known in the crypto world, may be trading

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Biden closes cryptocurrency mine supported by China located close to a nuclear missile base.

United States President Joe Biden has ordered the shutdown and sale of a Chinese-originated crypto mining operation located near a critical Air Force base in Wyoming, the New York Times reported. The executive order, issued on Monday, mandates the immediate cessation of operations at the facility, which is situated just a mile from the F.E.

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Wisconsin State’s investment of $99 million in BlackRock’s Bitcoin ETF is a significant milestone.

Institutional investors and US states are displaying heightened interest in the Bitcoin ETF market following regulatory approval by the US Securities and Exchange Commission (SEC) in January. The latest development reveals that Wisconsin’s investment board has invested approximately $100 million in BlackRock’s iShares Bitcoin Trust ETF. US States Eye Bitcoin ETF Market According to a

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Crypto is entering a critical two-week period in the United States Congress

The next two weeks could be decisive for the crypto industry as it faces significant legislative developments in the US Congress. These developments may potentially reshape the regulatory landscape for digital assets in the United States. 3 Major Crypto Legislations Are Up For Vote The community is closely monitoring the Senate’s upcoming vote on the

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A market specialist states that the price of Bitcoin has moved out of a risky area and could potentially reach $100,000.

Crypto analyst Rekt Capital recently suggested that the worst might be over for Bitcoin. If so, the flagship crypto may be primed for a move to the upside, rising to as high as $100,000, which some other crypto analysts have predicted would be the case.  Bitcoin Is Out Of The “Danger Zone” Rekt Capital mentioned

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Bitcoin’s hashrate has dropped by 11% due to miner profitability reaching its lowest levels in three years.

On-chain data shows the Bitcoin mining hashrate has registered a decrease of 11% recently as miner profitability has dropped to a 3-year low. Bitcoin Miners Haven’t Been Under This Much Stress In 3 Years As pointed out by CryptoQuant community manager Maartunn in a post on X, Bitcoin miners are being significantly underpaid right now.

Leia mais

From Binance to the library shelves? The next chapter for the former CEO may be unexpected.

Changpeng Zhao, the enigmatic founder of cryptocurrency giant Binance, has sparked a firestorm of speculation with a recent social media post hinting at a potential career shift. Following a legal battle with the US Department of Justice that concluded with a surprisingly lenient sentence, CZ, as he’s known in the crypto world, may be trading

Leia mais

Biden closes cryptocurrency mine supported by China located close to a nuclear missile base.

United States President Joe Biden has ordered the shutdown and sale of a Chinese-originated crypto mining operation located near a critical Air Force base in Wyoming, the New York Times reported. The executive order, issued on Monday, mandates the immediate cessation of operations at the facility, which is situated just a mile from the F.E.

Leia mais

Wisconsin State’s investment of $99 million in BlackRock’s Bitcoin ETF is a significant milestone.

Institutional investors and US states are displaying heightened interest in the Bitcoin ETF market following regulatory approval by the US Securities and Exchange Commission (SEC) in January. The latest development reveals that Wisconsin’s investment board has invested approximately $100 million in BlackRock’s iShares Bitcoin Trust ETF. US States Eye Bitcoin ETF Market According to a

Leia mais