Bitcoin Miners’ June Revenue Dips Slightly Below May

The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin Miners’ Hashprice and Revenue Decline in June Miners faced challenges during the … Read more

Robinhood Acquires AI Investment Research Platform

Robinhood Markets, Inc. has acquired Pluto Capital Inc., an Artificial Intelligence (AI)-powered investment research platform. Pluto delivers highly-customized investment strategies based on individual customer needs and financial goals. With this strategic move, Robinhood aims to enhance its data-driven investing capabilities. Jacob Sansbury, Pluto’s Founder and CEO, joins Robinhood to integrate AI across their platform. Investors … Read more

Crypto Market Bounces Back, Mog Coin and ENS See Double-Digit 7 Day Gains

On Monday, July 1, 2024, the overall crypto economy rose by 2.31%, reaching a total value of $2.31 trillion. Bitcoin increased by 2.8% this week, and ethereum climbed 4.8%, while several digital assets posted double-digit gains. Leading the performance chart over the past seven days was mog coin (MOG), which appreciated by 82.1% against the … Read more

Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility

Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and … Read more

Ethereum Technical Analysis: ETH Surges Northbound Ahead of Anticipated ETF Listings

On July 1, 2024, at 8 a.m. EDT, ethereum is trading for $3,457, with an intraday price range between $3,374 and $3,514. The 24-hour trading volume reached $10.35 billion, contributing to a market capitalization of $415 billion on Monday morning. Ethereum The ETH/USD 1-hour chart highlights a strong uptrend originating around $3,348. The sharp rise … Read more

Dogecoin Investors Jump For Joy For Millionaire Maker Mpeppe (MPEPE)

Meme coins have captivated the cryptocurrency market, drawing in investors with their unique blend of humor and financial potential. Among these, Dogecoin (DOGE) has long been a favorite, known for its strong community and viral popularity. However, a new player, Mpeppe (MPEPE), is quickly gaining traction, promising to deliver substantial returns and innovative features that … Read more