Cryptocurrency Market

  • Market Cap: $2,638,135,847,055.43
  • 24h Vol: $68,825,155,292.22
  • BTC Dominance: 58.24%

Blockchain

coinbase-launches-wrapped-bitcoin-for-ethereum-and-base-networks

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […]

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will-trump-and-harris-debate-again?-polymarket-bets-say-there’s-a-60%-chance

Will Trump and Harris Debate Again? Polymarket Bets Say There’s a 60% Chance

According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second Trump-Harris Debate Polymarket, a blockchain-driven prediction platform, has people

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rebranded-fantom-project,-sonic-labs,-set-to-redefine-blockchain-speed-with-720ms-finality

Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality

Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of 720 milliseconds. This achievement suggests the project could set a new standard as the fastest distributed

Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality Read More »

cleanspark-expands-bitcoin-mining-operations-by-acquiring-7-tennessee-facilities

Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities

Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark to Acquire 7 Bitcoin Mining Facilities in $27.5M Deal, Boosting Hashrate

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grayscale-launches-sui-trust-for-accredited-investors

Grayscale Launches SUI Trust for Accredited Investors

On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed by Mysten Labs, a team of former Meta engineers,

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bitcoin’s-all-time-high-difficulty-challenges-miners-as-revenue-falls

Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls

On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more

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glassnode-reports-rising-bitcoin-hashrate,-etf-outflows,-and-lower-investor-engagement

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report.

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fractal-bitcoin-absorbs-over-35%-of-bitcoin’s-hashrate-after-mainnet-launch

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bitcoin’s sidechain has attracted about 241 EH/s of merged mining hashpower. Fractal Bitcoin Captures More Than 240 EH/s

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch Read More »

dormant-bitcoin-wallet-from-2013-springs-to-life-with-$8m-transfer

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer

On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly

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polymarket’s-traffic-and-trading-volume-soar,-$137.3m-in-september’s-first-9-days

Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days

In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume in the last three months. Polymarket Outpaces June Volume in Just 9

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