Bitcoin mining difficulty adjusts downward, but only slightly

Bitcoin’s (BTC) mining difficulty fell slightly on Saturday after hitting an all-time high of 126.9 trillion on May 31 at the start of the previous difficulty adjustment period. The Bitcoin mining difficulty level currently stands at roughly 126.4 trillion, according to data from CryptoQuant. Higher mining difficulty and network hashrate, which is a separate but related measure of the total computing power securing the Bitcoin protocol, both translate into increased miner competition and higher production costs. Miners continue to face financial pressures from the reduced block reward following the April…

Companies continue to spawn Bitcoin treasuries: Here’s why

For several years, Strategy (formerly MicroStrategy) was the sole public company whose modus operandi was buying millions of dollars worth of Bitcoin with borrowed capital. These days, several other companies are trying to follow in Strategyโ€™s footsteps. As more companies go all-in on stacking Bitcoin, critics are raising concerns about the growing centralization of crypto treasuries. Currently, just 216 entitiesโ€”101 of which are public companiesโ€”hold nearly 31% of the circulating BTC supply, with corporate treasuries alone accounting for approximately 765,300 bitcoins, or 3.7% of total supply (excluding lost coins). This…

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$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi

Over the past few years, a wave of digital asset firms collapsed for a mix of reasonsโ€”some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Hereโ€™s a closer look at a handful of wallets tied to those now-defunct ventures and a glimpse at whatโ€™s still sitting onchain. Collapsed Crypto Entities Still [โ€ฆ] Source CryptoX Portal

Bitcoin Rally Could End in Tears

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000โ€“$64,000 sideways move before the sharp drop in early 2022. Traders…

Bitcoin Holding $105K During War Is Bullish for Crypto

Key points: A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000. HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000. Bitcoin (BTC) is forming a Doji candlestick pattern on the weekly chart, indicating indecision between buyers and sellers. Despite the near-term uncertainty, analysts remain bullish on Bitcoinโ€™s prospects in 2025, expecting a rally from $140,000 to $270,000. Another positive sign is that the geopolitical turmoil caused by the conflict between Israel and Iran did not create panic…

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Bitcoinโ€™s 15-year shield faces threat

The Bitcoin network has been safe and stable for 15 years. However, elliptic curve cryptography, or ECC, was created in 1985 to protect Bitcoin, and concerns about its soon-to-be obsolescence intensify each year. The emerging technology of quantum computers challenges the networkโ€™s security. Crypto.news discussed the future of Bitcoin in the post-quantum era with Kapil Dhiman, the CEO of Quranium, a Layer 1 blockchain protocol optimized for post-quantum security, AI integration, and Ethereum Virtual Machine (EVM) compatibility. How did you realize that quantum computers are a threat, and when did…

๐Ÿšจ Urgent Update ๐Ÿคฏ Latest Cryptocurrency Market Analysis & BTC News Today ๐Ÿ“Š

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿšจ Urgent Update ๐Ÿคฏ Latest Cryptocurrency Market Analysis & BTC News Today ๐Ÿ“Š Stay up-to-date with the latest crypto news today, featuring updates on Bitcoin, Ethereum, and other top cryptocurrencies. Get the latest trends and insights in the cryptocurrency market. The cryptocurrency market is known for its volatility, and it’s essential to stay informed about the latest developments to make informed investment decisions. In this article, we’ll cover the latest crypto news today, featuring updates on market trends, regulatory changes, and notable…

Dormant Ethereum Wallet Awakens After 10 Years

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction. The second-largest cryptocurrency by market cap has struggled to sustain a breakout above the $2,600 resistance…