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US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge

Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22. 8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) data […] The post US-listed Bitcoin miners hit record $22. дальше »

2024-6-18 04:39


Bitcoin vs. Ethereum: Wallets Tell A Different Story Amid Market Movements

While Bitcoin’s market cap of $1.41 trillion significantly outpaces Ethereum’s $458.91 billion by a factor of 3.1, a closer look at wallet data reveals an intriguing narrative.  Ethereum’s decentralized finance (DeFi) ecosystem, staking activities, and smaller average wallet sizes contribute to a higher number of unique holders. Specifically, Ethereum boasts […] дальше »

2024-6-8 15:49


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DOT gains momentum amid TikTok’s plans to tap Polkadot for enhanced decentralization 

Polkadot (DOT) has staged a notable recovery amid new developments surrounding the potential TikTok buyer Frank McCourt. The latest updates reveal McCourt’s plans to leverage Polkadot’s Frequency parachain and Decentralized Social Networking Protocol (DSNP) to give TikTok users authority over their data and digital identities. дальше »

2024-5-21 18:02


Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies

The Australian Taxation Office (ATO) is targeting approximately 1. 2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian government to “crackdown on users who may be failing to pay their taxes amid a rising interest in digital tokens. дальше »

2024-5-9 02:30


Tether Treasury Mints $10 Billion USDT In 1.5 Months – Here’s What This Means For Bitcoin and Crypto Enthusiasts Amid Upcoming BTC Halving

Amidst the ongoing crypto market volatility and the looming Bitcoin halving event, Tether Treasury has made a significant move by minting $10 billion worth of USDT stablecoins since March 1st, according to data from the on-chain analytics platform Lookonchain. дальше »

2024-4-17 22:30


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Bitcoin’s dual nature: shifting between risk-on and risk-off amid market turbulence

Quick Take The latest US inflation data has surprised analysts, with headline inflation year-over-year (YoY) coming in at 3. 5% — 0. 1% above forecasts. The development is significant considering the Federal Reserve’s most aggressive hiking cycle in decades, according to Statista, which aimed to tame the rampant inflation that the central bank initially claimed was transitory. дальше »

2024-4-11 04:00