Bitcoin Difficulty Surges as Hashrate Dips
Bitcoin mining difficulty surged 4.89% to a record 136.04 trillion, tightening pressures amid softer bitcoin prices. #Update #Crypto $BTC
Bitcoin mining difficulty surged 4.89% to a record 136.04 trillion, tightening pressures amid softer bitcoin prices. #Update #Crypto $BTC
Tether is investing billions in gold, boosting its stake in Elemental Altus Royalties, while El Salvador buys 14,000 ounces of gold for $50M. #Update #Crypto $USDT
Adam Back critiques “JPEG spam” on Bitcoin, noting 20% increase in JPEG inscriptions to 105M since May, raising fees to 7,000 BTC ($777M). He warns of reputational harm and higher costs for users. #Update #Crypto $BTC
Dogecoin remains 70% below its 2021 peak despite other cryptocurrencies like $BTC and $ETH reaching new highs, due to lack of utility and structural demand. #Update #Crypto $DOGE
Aaryn Ling of @BTCCExchange highlights a shift in crypto-sports partnerships, focusing on reputation and research over impulsive endorsements. #Update #Crypto #Sports
Bloomberg’s James Seyffart suggests the altcoin season differs due to institutional adoption and Digital Asset Treasuries, impacting $BTC and $ETH. #Update #Crypto $BTC
Bitcoin briefly surged to $113,000 following weaker US payroll data, with $2 billion in stablecoin inflows and open interest at record highs; a weekly close above $112,500 is needed for confirmation. #Update #Crypto $BTC
Bitcoin ($BTC) reaches a new weekly high above $112,000, nearing cycle peak with 95% completion. Analyst warns of potential 70-80% decline post-peak. #Update #Crypto $BTC
Sora Ventures plans to raise $1 billion for Bitcoin treasuries in Asia, starting with $200 million from partners and targeting an additional $800 million over six months. #Update #Crypto $BTC
Ripple launches its USD-backed stablecoin RLUSD in African markets via partnerships with Chipper Cash, VALR, and Yellow Card, aiming to enhance cross-border transactions. #Update #Crypto
Coinbase CEO Brian Armstrong reveals over 40% of daily code is AI-generated, targeting 50% by October. Skeptics question security implications. #Update #Tech
World Liberty Financial blacklisted Justin Sun’s wallet, freezing over $3B in WLFI tokens. Sun called the move “unreasonable” and pledged to buy $20M in WLFI and ALTS stocks. #Breaking #Crypto
Bitcoin analyst PlanC warns that traders expecting a Q4 price peak misunderstand statistics, citing no fundamental reason for such predictions amid ongoing debates on Bitcoin’s halving cycle relevance. $BTC #Update #Crypto $BTC
SharpLink Gaming plans to stake part of its $3.6 billion ETH on Linea for higher yields, moving beyond Anchorage and Coinbase. #Update #DeFi $ETH