August output reports from Bitcoin miners showed varied results for the industry as a whole. Several businesses have taken proactive measures to streamline their processes in response to network challenges and the increased demand for power, especially in Texas, a state with a large mining industry. With the Bitcoin network’s
It has been three years since El Salvador officially recognized Bitcoin as legal money, and now the nation is commemorating the occasion with a celebration. Three years ago, on September 7, 2021, El Salvador became the first nation in the world to accept Bitcoin as legal cash. The goal was
Bitcoin is trading around the $54,000 mark, showing strong market dynamics as it hovers near significant support levels. Bitcoin price declined by 4.09% in the last 24 hours. Over the last few days, BTC’s performance has indicated a mixed sentiment, with both bullish and bearish factors in play. Bitcoin’s previous
The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement. The organization’s treasury has witnessed a significant reduction, with its main wallet holding approximately $650 million. This represents a steady decline in the foundation’s holdings since March 2022. At that
The Solana Virtual Machine (SVM) ecosystem’s leading innovator, Sonic SVM, has announced the public sale of HyperFuse Nodes, providing community members with an exclusive opportunity to take part in the quickly expanding SVM ecosystem. Purchasers of Nodes get access to State-of-the-Art SVM Technology, contributing to Multi-SVM ecosystem security and earning tokens.
Ethereum ETF Futures (EFUT) will be discontinued and liquidated by the prominent investment management company VanEck. The price of ETH, which was already experiencing a period of erratic trading due to a general market decline, has taken a huge hit. Among the many factors given by the ETF provider for
With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that
Net withdrawals of $211.15 million were recorded by U.S. spot bitcoin exchange-traded funds on Thursday, marking their seven-day streak of negative flows. SoSoValue data shows that out of all the spot bitcoin ETFs, Fidelity’s FBTC had the most outflow, totaling $149.49 million. Bitwise’s BITB then had a net loss of
On the Community App, Tonkeeper, the leading non-custodial wallet for the TON ecosystem, has launched a multi-phase community engagement campaign. Users who finish activities in Tonkeeper Adventure will get special NFTs and a portion of the $1,000 STON prize pool from Ston.FI. Users gain practical skills along the route that will allow them
Despite the growing negative trend in the crypto market, Helium (HNT) has defied all odds and topped the gainers list. In this ongoing bearish trend, HNT displayed a price surge over the last 24 hours by 2.52% and outperformed major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The
