Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily mining revenue per petahash of … Read more

Bitcoin Hits New Low Since February, Options Market Stays Optimistic

According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that despite the current crypto sell-off, the options market remains hopeful. Crypto Liquidation Tops $305M as … Read more

Top Crypto Gainers Emerge: Ethereum Name Service (ENS), Chainlink (LINK), Near Protocol, And ETFSwap (ETFS)

As the cryptocurrency market continues to show vibrant market volume ahead of the incoming bull run, reliable crypto market analysis and prevailing ecosystem performances have seen ETFSwap (ETFS), Chainlink (LINK), Ethereum Name Service (ENS), and Near Protocol emerge as the top gainers, drawing the attention of crypto investors and traders alike.  ETFSwap (ETFS) Leads The … Read more

$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours

Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from Founders Fund, Framework Ventures, and Pantera Capital. Four-Day Funding Frenzy In the initial … Read more