Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with the mining pool Foundry USA at the forefront, delivering 204.41 EH/s. Bitcoin Edges Closer to Zettahash […]
Bitcoin Futures’ Open Interest Reaches Lifetime High, Surpassing 2021 Bull Run
Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $ 57,000 range for the first time since Nov. 2021. This upward trend in value has stimulated bitcoin-based derivatives, causing open interest in bitcoin futures to hit an unprecedented …
Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour
Bitcoin reached a peak of $ 57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $ 1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital currency’s peak value …
Solana Mobile’s Chapter 2 Reaches 100K Preorders, Guarantees Production
Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The company reported that the preorder price of $ 450 will be maintained only for the …
Blockchain Basics Act Reaches Tennessee, 16 Legislatures Working on Similar Bills
The Blockchain Basics Act, a bill that seeks to secure the rights of state citizens regarding cryptocurrency ownership, self-custody, and mining, has reached Tennessee. The bill, supported by the Satoshi Action Fund, was introduced to the State House by Rep. Kevin Vaughan and simultaneously to the State Senate by Sen. Bo Watson. Blockchain Basics Act […]