Bitcoin Hash Rate Hits Record High As Miner’s Profits Plummet.
The hash rate of BTC hit a record high of 544 exahashes per second (EH/s) yesterday. The announcement follows a 130% increase in network hash rates since January. The computing…
Bitcoin Is the 13th Largest Currency in the World Behind Korean Won.
Bitcoin is truly a force in the world to be reckoned with at this scale. Coinbase CEO Brian Armstrong says it could help defend the U.S. and its allies against…
Bitcoin ETF The Most Game-Changing Wall Street Development Since 1993 ~ Michael Saylor
As the countdown continues toward the anticipated approval of Bitcoin ETFs, investors and issuers are anxiously awaiting the decision from the US Securities and Exchange Commission (SEC). The impending deadline…
Ethereum Price Consolidates as Bullish Momentum Fades.
At the time of writing, ETH is trading at $2278, down 0.51% in the last 24 hours.If the price manages to go below $2257 then it will likely decline further…
BitMEX Co-founder Cautions Against Spot Bitcoin ETFs.
In a recent blog post, Hayes said that Bitcoin’s worth is due to the fact that “it moves.” There will be a dramatic drop in network activity and miners’ motivation…
China Promoting Web3, Blockchain, Despite Crypto Ban.
Chinese authorities are spearheading a massive initiative in Web3 technology, promoting blockchain, NFTs, dApps and more. Chinese institutions propose an aggressive Web3 and blockchain plan. Authorities want to lead in…
Sanctioned Russian Banker Dumps £15m Worth of Shares in UK Crypto Company
Mikhail Klyukin owned a 2% stake in Copper Technologies, linked to former UK chancellor Philip Hammond. Mikhail Klyukin, a Russian banker sanctioned by the White House in March 2022, sold…
CBN Cancel Ban On Cryptocurrency Transactions in Nigeria
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions. This is according to…
Can BlackRock “Front Run” The Bitcoin ETF Approval? Bloomberg Explains.
BlackRock recently upped the cash with which it plans to seed its Bitcoin ETF by 100x. With Bitcoin (BTC) spot ETFs seemingly just weeks away, some crypto investors are curious…
Justin Sun Explores Solana and Tron Wallet Integration Amid SOL Rally.
Justin Sun announced his plans on twitter by tagging Raj Gokal and Anatoly Yakovenko. Solana (SOL) has seen a notable 17% gain in the last day, getting closer to the…