On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $ 62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $ 2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This rebound came …
Betting Markets and Polls Show Harris Ahead of Trump as Election Nears
With only 44 days remaining until the U.S. election, the blockchain-powered predictions market Polymarket shows Vice President Kamala Harris slightly ahead in a wager against former President Donald Trump. As of Sunday, Sept. 22, Harris holds 52%, with Trump close on her heels at 47%. Harris Tops Trump in Polls and Prediction Markets as Countdown […]
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of […]
Political Meme Coin Economy Shrinks by $420M as US Election Nears
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice, Nearing Record Hashrate On […]