Seven in ten publicly traded bitcoin (BTC) mining companies are enjoying a strong start to 2025, with Riot Platforms leading the pack in terms of percentage gains among the top ten firms by market cap. Riot Platforms Rallies As 7 out of the Top 10 Bitcoin Miners by Market Cap Start 2025 in the Green […]
16 Years Later: How Bitcoin’s Genesis Block Sparked a New Era of Money
Sixteen years ago, the world witnessed the launch of a groundbreaking peer-to-peer electronic cash system, Bitcoin, by its enigmatic creator, Satoshi Nakamoto. This innovation sparked a revolution in how people perceive money, currency, and financial assets. Since the release of the Genesis block, over 877,000 blocks have been mined on the decentralized ledger network, marking […]
Greenback Flexes: Dollar Index Reaches Highest Level in Over Two Years
The U.S. dollar index flexes its strength in the new year, reaching levels not seen in two years. This rise is supported by the so-called ‘Trump Trade,’ the expectation of only two more rate cuts this year, and the weakness of other currencies in the basket. Dollar Index Inches Higher Powered by Trump Trade, Fed […]
Mining Milestone: Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve
Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power hit a jaw-dropping peak of 808 exahash per second (EH/s), smashing through previous limits. From 948,000 H/s to 808 Quintillion: Bitcoin’s 16-Year Evolution in Mining […]
Sleeping Bitcoin Worth $613M Shifts in December, After Years of Dormancy, Fueled by Record-High Prices
During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $ 100,000 mark for the first time in history. Two weeks later, its value climbed past the $ 108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life …