With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above $47 per PH/s. Declining Bitcoin Value […] Source: https://news.bitcoin.com/bitcoin-miners-see-100-eh-s-exit-network-as-prices-and-revenues-fall/
According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years. One inactive address, created on April 1, 2013, transferred 126.65 BTC valued at $7.63 million, marking its first transaction in over 11 years. Hundreds and Notably a 1,000 Stack of Vintage Bitcoin Transferred From Idle […] Source: https://news.bitcoin.com/several-sleeping-bitcoin-wallets-reactivate-after-years-of-inactivity/
Officially introduced to the Ethereum network on March 13, 2024 in the Dencun upgrade, blobs are a new type of data storage space designed to make rollups cheaper and more efficient. The consensus within the Ethereum community is that the best way to scale Ethereum is through rollups, also known as Layer 2s or L2’s, and that the best way…
Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are regulatory overreach and vows to defend its position in court, emphasizing the broader implications for the web3 ecosystem. Consensys Challenges SEC Charges On […] Source: https://news.bitcoin.com/consensys-to-challenge-sec-in-court-confident-sec-lacks-authority-to-regulate-software-interfaces-like-metamask/
The crypto community is buzzing as Sealana (SEAL) prepares for its July 2 airdrop and DEX listing. With the presale entering its final days, investors are scrambling for a last-minute chance to buy SEAL tokens before they hit the open market. Sealana’s Presale Journey Nears Its Climax Sealana’s presale journey has been quite the ride […] Source: https://news.bitcoin.com/sealana-sets-july-2-date-for-airdrop-last-chance-to-invest-before-dex-launch/
Mauricio Di Bartolomeo, co-founder and CSO of Ledn, a Canada-based bitcoin lending platform, stated that Latam citizens are shifting to elect governments supporting bitcoin as a better money alternative. In an interview with Bitcoin News, Di Bartolomeo stressed that presidents like Bukele in El Salvador and Milei in Argentina have shown Latam that proposals including […] Source: https://news.bitcoin.com/ledn-co-founder-mauricio-di-bartolomeo-states-crypto-will-be-a-determinant-factor-on-latam-elections-people-want-bitcoin/
The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudulent practices, while dismissing some claims related to BUSD and secondary BNB sales. Some Charges Against […] Source: https://news.bitcoin.com/secs-case-against-binance-moves-forward-with-major-allegations-intact/
A closer look at how Sui’s object-centric model and the Move language can improve blockchain scalability and smart contract development. Source: https://cointelegraph.com/news/sui-object-centric-model-move-programming-language
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt. The crypto market’s bearish slide in June began showing signs of recovery this week, as bullish news revived investor interest across…
Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This week, the leading top five blockchains for NFT sales were Ethereum, Polygon, Bitcoin, […] Source: https://news.bitcoin.com/nft-sales-defy-crypto-market-downturn-rising-4-52-this-week/
