Cryptocurrency Market

  • Market Cap: $2,424,902,564,359.49
  • 24h Vol: $60,400,507,769.27
  • BTC Dominance: 56.55%

blockchain technology

hashpower-evolution:-bitmain’s-new-asic-packs-477,677%-more-power-than-the-2013-s1

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back, it’s a mind-blowing 477,677% […]

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in-depth-study-reveals-stablecoins-as-pivotal-players-in-global-finance

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary dynamics worldwide. Transforming Global Finance: The Rising Influence of Stablecoins According

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payment-processors-paypal-and-venmo-now-support-ens-domains

Payment Processors Paypal and Venmo Now Support ENS Domains

Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on the social media platform X that

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kaspa-and-alephium-mining-gain-traction-as-bitcoin’s-hashprice-remains-low 

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low 

While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low  Read More »

polymarket-open-interest-rebounds-as-august-set-to-challenge-july’s-record

Polymarket Open Interest Rebounds as August Set to Challenge July’s Record

Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be

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$110m-added-to-tokenized-treasuries-in-5-weeks,-market-cap-approaches-$2b-mark

$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark

As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, experiencing a $14.85 million uptick in just 38

$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark Read More »

bitcoin-network-faces-toughest-mining-difficulty-increase-since-2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s

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bitcoin-blockchain-surpasses-2-million-ordinal-inscriptions-milestone-in-just-over-4-months

Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months

As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753. In total, inscription minting fees have amounted to

Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months Read More »

nearly-1,000-ancient-bitcoins-from-2010-and-2011-moved-in-2023,-valued-at-over-$27-million

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million Read More »

2023’s-bitcoin-obituaries:-bitcoin-defies-6-death-predictions-with-80%-price-increase-since-end-of-2022

2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022

It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin

2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022 Read More »