June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an…
Argentina Allows Banks to Open Yuan Accounts — Economist Says It Could Boost Chinese Currency as Safe Haven Alternative to US Dollar
The central bank of Argentina has officially included the Chinese yuan as a recognized currency for making deposits in bank accounts. “Opening yuan accounts could attract more people and enterprises to exchange Argentinian peso to yuan, as more or…
Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC…
The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.
Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction
In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe)…
On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible…
NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales…
Biggest Movers: LTC Leaps to 15-Month Peak as DOGE Bull Run Continues
After climbing by over 20% on Friday, litecoin extended gains to start the weekend, surging to its highest point in over a year. The move comes as momentum surrounding the token’s listing on EDX markets continues to grow. Dogecoin also…
End Game: How Bitcoin Will Forge Better Professional Athletes
This is an opinion editorial by Obiwan Satoshi, a professional pickleball player.Fiat money has birthed a fiat world. Fiat food, fiat jobs… and fiat athletes. In this article, I introduce ideas about what it means to be a Bitcoin athlete — an…
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July
Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also…
Binance CEO Goes Bullish On Bitcoin – What’s The Inside Scoop?
In a recent tweet, Changpeng “CZ” Zhao, the CEO of Binance, drew attention to the dynamic nature of Bitcoin’s price and its increasing practicality. The tweet was timely, aligning with Bitcoin’s ascent above $31,450, marking…
Former SEC Chair Jay Clayton on US Regulator’s New Enforcement Ethos: ‘I Think That’s Problematic’
Jay Clayton, former chair of the U.S. Securities and Exchange Commission (SEC), has revealed his stance on the recently implemented enforcement strategy of U.S. regulators. In an interview on CNBC, Clayton stated that the SEC’s strategy of…
Bitcoin Cash (BCH) Up 55% Following BlackRock’s ETF Application, EDX Markets Launch
Bitcoin Cash (BCH) has experienced a remarkable upswing, with its value soaring by 55% in the past week. This surge can be attributed to two key factors: BlackRock’s recent application for a Bitcoin spot ETF with the United States Securities…
Polygon 2.0 Upgrade – Potential Bullish Implications For MATIC Price?
Polygon (MATIC) has recently made a significant announcement, unveiling the architecture of its highly anticipated Polygon 2.0. The community has been eagerly awaiting this update, hoping it will address various scalability issues and bring further…
Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study
Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web…
Binance Reportedly Denied Crypto License in Germany
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts…
Stellar (XLM) Takes Investors By Surprise With 23% Rally
Stellar (XLM), the decentralized blockchain platform aiming to revolutionize the world of cross-border transactions and digital asset transfers, has emerged as one of the most promising cryptocurrencies in today’s market. With its recent…
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