This week witnessed a 5% uptick in bitcoin’s value, while ethereum experienced a 1.6% dip over the same period. Leading the charge among the top 100 cryptocurrencies, stacks (STX) soared 29.2%, with osmosis (OSMOS) closely trailing with a 17% increase against the U.S. dollar. Mixed Week for Crypto: Stacks Witnesses 29% Surge, Heavy Losses …
Vitalik Buterin’s Endorsement Leads to ENS Token Surge
The ENS token’s recent price surge is attributed to Vitalik Buterin’s public support, who stated the need for ENS to be available on all layer two networks. Vitalik Buterin’s Social Media Post Ignites ENS Token Rally The Ethereum Name Service (ENS) token experienced an unexpected surge of over 50% on January 3, following a strong […]
Report: EU Represents Just 6% of Bitcoin Mining Hashrate, US Significantly Leads China
The countries in the European Union collectively account for 6% of the Bitcoin network’s hashrate while the U.S. has emerged as the world’s number one bitcoin miner, a new report has said. The economic bloc’s bitcoin mining prospects are however being hamstrung by geopolitical tensions and the region’s energy dependence. The EU’s Bitcoin Mining Prospects […]
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even more substantial triple-digit increases this year. Topping them all, Marathon Digital Holdings […]
NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth
Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $ 503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $ 276.79 million in sales, surpassing Ethereum’s $ 99.67 million, which previously held the top spot. Bitcoin Once Again Outperforms …