Marathon Digital, a leading Bitcoin mining firm, has announced a significant increase in its 2024 hash rate target, aiming to reach 50 exahashes per second (EH/s). According to the Hashrate Index, Marathon's Bitcoin mining hash rate is currently...
Bitcoin's value has declined by over 5% over the past 24 hours, with the token currently priced at around $63,300, according to data from CoinMarketCap. This drop follows a fluctuating trend, with the token's value plummeting from a...
Bitcoin could be entering an attractive buy zone, according to two popular metrics used by cryptocurrency analysts to track on-chain trading activity. The Market Value to Realised Value (MVRV) and Open Interest (OI) weighted funding rate metrics suggest...
Following Bitcoin's halving event on April 20, Runes, a new token standard on the Bitcoin blockchain, has become increasingly popular, accounting for more than two-thirds of all transactions on the network. Data from Dune Analytics dashboard, shared by...
BlackRock iShares Bitcoin Trust (iBIT) marked its first day with zero inflows, ending its long streak since its introduction. Launched on January 11, iBIT has consistently attracted daily investments, amassing nearly $15.5 billion in just 71 days. According...
Ripple has challenged the United States Securities and Exchange Commission's (SEC) request to impose a $2 billion fine on it, arguing that such a penalty is unjustified. In a recent court filing, Ripple Labs opposed the SEC's bid...
Australia has emerged as a significant hub for Bitcoin and cryptocurrencies, achieving a remarkable milestone of having more than 1,000 active crypto-fiat machines, including Bitcoin ATMs. As of April 24, the country boasts 1,002 Bitcoin ATMs, making it...
Bitcoin's price has remained stable and has maintained pressure on key resistance levels following the recent movement following the halving event. As of press time, the token is currently hovering around the $66,000 mark. As highlighted by data...
Hedera's native token, HBAR, experienced a remarkable 96% surge over the past 24 hours following the tokenization of BlackRock's ICS US Treasury Money Market Fund on the Hedera blockchain. According to CoinGecko, the price of HBAR surged from...
Contrary to recent speculation, Electric car manufacturer Tesla's latest earnings report indicates that the company has maintained its Bitcoin holdings for the seventh consecutive quarter without any significant changes. Observers had previously noted a discrepancy in Tesla's reported...
