WorldPingBitcoin Hashrate Enters First Bear Market as AI Pulls Miners Away
Twenty One Capital CEO Rapha Zagury says bitcoin is experiencing its first sustained bear market in network hashrate.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingAccording to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and fees. The strong earnings were fueled by bitcoin’s price rising 24.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.comMore coverage: all crypto & markets news on WorldPing.
WorldPingTwenty One Capital CEO Rapha Zagury says bitcoin is experiencing its first sustained bear market in network hashrate.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingA massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Record Squeeze Triggers Price Rebound The massive wave of short liquidations on Aug.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingIBIT’s 1.60-point lead masked a maximum decline nearly three times as deep as the S&P 500 fund’s.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingThe Japanese company booked a ¥117.8 million profit after selling its ETH, SOL, XRP and DOGE, leaving roughly 1,506 BTC as its only cryptocurrency holding.
Brief by WorldPing · Original reporting by Decrypt
WorldPingWhile August saw gains from nearly every crypto asset on the block, some digital currencies did a whole lot better than others. For instance, the strongest gainer over the last 30 days was a meme-inspired token dubbed non-playable coin (NPC).
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin Magazine Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin The Mexican business magnate continues to tell people to escape what he calls the "fiat fraud.
Brief by WorldPing · Original reporting by Bitcoin Magazine