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Market Cap$ 2.20T-1.43%
24h Spot Volume$ 39.55B-2.90%
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ETH Gas2 Gwei
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Runes transactions on Bitcoin plummet over 88%

Runes transactions on Bitcoin plummet over 88%

Runes, a new digital protocol embedded in the Bitcoin blockchain, witnessed a record-low transaction count, shedding 88% from this month’s peak. Th...
Jul, 03, 2024
2 min read
by CryptoPolitan
Public Bitcoin miners diversify into AI as market cap exceeds $25 billion

Public Bitcoin miners diversify into AI as market cap exceeds $25 billion

Quick Take The ongoing miner capitulation, driven by a falling Bitcoin price, declining hash rate, and a meager hash price, has significantly impac...
Jun, 28, 2024
1 min read
by CryptoSlate
Luxor COO forecasts further hash rate decline amid rising summer power rates

Luxor COO forecasts further hash rate decline amid rising summer power rates

Quick Take Glassnode data shows that the Bitcoin network’s hash rate has plummeted to 555 EH/s, marking a significant 16.5% decline or a 100 EH/s d...
Jun, 27, 2024
1 min read
by CryptoSlate
$8.5 Billion Bitcoin Release by Mt. Gox May Not Shock Market

$8.5 Billion Bitcoin Release by Mt. Gox May Not Shock Market

Mt. Gox's $8.5 billion Bitcoin repayment to creditors is expected to have a muted impact on Bitcoin's price, with analysts suggesting much of the a...
Jun, 25, 2024
8 min read
by Coinpaper
Why is Bitcoin hash rate so important for its security?

Why is Bitcoin hash rate so important for its security?

Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is ...
Jun, 07, 2024
5 min read
by CryptoSlate
Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021

Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021

Quick Take A recent analysis by CryptoSlate indicates that Bitcoin miners continue to capitulate, as evidenced by the hash ribbon metric. Glassnode...
Jun, 03, 2024
1 min read
by CryptoSlate
Bitcoin Halving Post Mortem: Insights from Hashrate Index’s Q1-2024 Report

Bitcoin Halving Post Mortem: Insights from Hashrate Index’s Q1-2024 Report

In Hashrate Index’s latest report, the team covers Q1-2024 data for the Bitcoin mining industry and examines the immediate impact of the Fourth Bit...
May, 30, 2024
4 min read
by Bitcoin Magazine
New Hashrate Futures Product Aims to Stabilize Bitcoin Mining Revenues

New Hashrate Futures Product Aims to Stabilize Bitcoin Mining Revenues

Luxor Technology Corporation and Bitnomial Inc. have launched a Bitcoin mining derivative product, Hashrate Futures, on a U.S. derivatives exchange.
May, 29, 2024
8 min read
by Coinpaper
Bitcoin Miners Face More Pain as Hashrate Surges, Difficulty Adjustment Looms

Bitcoin Miners Face More Pain as Hashrate Surges, Difficulty Adjustment Looms

Bitcoin miners are having a tough time, especially since last month’s halving event slashed block rewards, and now hashrates are climbing again.
May, 29, 2024
2 min read
by CryptoPotato
First-ever Bitcoin mining derivative product goes live on a regulated US exchange

First-ever Bitcoin mining derivative product goes live on a regulated US exchange

Luxor Technology Corporation and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May 28. Th...
May, 28, 2024
2 min read
by CryptoSlate