According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks…
Bitcoin prices have rebounded strongly, providing relief to short-term holders and leading to increased activity in perpetual futures markets, according to a report by onchain analytics firm Glassnode. The report highlights significant developments in market dynamics and the overall health of the cryptocurrency market. Glassnode Analysis Highlights Significant Gains for Bitcoin Short-Term Holders The latest…
Robert Kiyosaki forecasts significant rises in asset prices, including gold, silver, and bitcoin by August 2025 if Donald Trump is re-elected. The U.S. SEC has approved spot ethereum ETFs, with Blackrock’s Ishares ethereum Trust ETF launching on Nasdaq on July 23, 2024. In Nigeria, the central bank sold dollars to Bureaux de Change to stabilize…
TL;DR Some NFT-related cryptocurrencies have shown notable development activity in the last month. Despite strong market performances, sector leaders by market cap like Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) were not included in the top 10 list. The Top Performers Non-fungible tokens (NFTs) and cryptocurrencies related to them were one of the main…
The first wave of spot Ethereum exchange-traded funds (ETFs) in the United States debuted on July 23, with inflows running above $100 million. While the positive flows signal a strong start for the funds, ether (ETH) may not witness the parabolic uptrend bitcoin (BTC) saw after asset managers launched its ETFs earlier this year. In…
Mythical Games’ VP of Blockchain Tech, Cameron Thacker, said he believes the current interest in blockchain gaming is more sustainable than the last cycle. He attributes this to a shift in focus, with projects now prioritizing “engaging experiences over frothy marketing and questionable tokenomics.” Gaming Giants Boost Blockchain Gaming Industry In an interview with Bitcoin.com…
The current market is buzzing with these three assets making waves: Aave (AAVE), Near Protocol (NEAR), and DTX Exchange (DTX). While AAVE is experiencing a historic recovery, NEAR struggles to keep up. Outshining the two, the DTX Exchange is getting attention with an upcoming exchange and high-volume developments with a skyrocketing presale. Aave (AAVE) Soars…
TL;DR The upcoming US presidential elections feature Donald Trump, Kamala Harris, Robert Kennedy and others. If Kennedy wins, it could boost bitcoin’s (BTC) price due to his pro-crypto policies, although this scenario is highly speculative given his current low polling numbers. The Surprising Scenario The US presidential elections are less than four months away, with…
All eyes in the crypto community yesterday were on the Bitcoin Conference in Nashville as Donald Trump was scheduled to appear and talk about BTC, which eventually resulted in substantial price volatility for the asset. On a daily scale, most cryptocurrencies are slightly in the red, with TON and DOGE leading the pack from the…
Scottie Pippen, a former Chicago Bulls’ small forward, 6-time NBA champion, and 2-time Olympic Gold medalist, has announced the tokenization initiative for a historic ball. Pippen alleges that he had saved the ball that started the Chicago Bulls dynasty, used in the fifth game of the team victory against the Los Angeles Lakers during the…