According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks […]
Pepe Unchained Hits $5M Presale Milestone for Layer-2 Meme Coin Network Project
Crypto fans are all over a new meme coin project that’s raised $ 5 million in presale. Pepe Unchained (PEPU) continues gaining traction as the developers prepare for an exchange debut later this year. And with its own layer-2 network in development, there’s a real chance Pepe Unchained could shake up the status quo …
Nigeria Acts to Defend Naira After Currency Hits New Record Low
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank disclosed that it […]
Total Liquidity Pledge to HTX DAO Hits $42.5M After 2nd Round – Bolstering Decentralized Ecosystem
PRESS RELEASE. HTX DAO has announced its receipt of the second Ecosystem Liquidity Pledge took place on July 16, 2024. Through this pledge, 80,223,880 TRX and 9,631,105,301,954.7 $ HTX (worth 21,500,000 USDT) have been allocated to SUN.io to enhance liquidity and all LP tokens have been credited to a zero address. As of press, …
Cryptoquant Report: Bitcoin Whales Buy Aggressively as Price Hits 4-Month Low
Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined with mixed market signals, suggests the leading crypto asset is at a critical juncture, according to the latest Cryptoquant report. Market Signals Mixed as Bitcoin Hits $ 53K: Whales and Miners Influence Future Bitcoin’s …