Bitcoin’s hashprice has surged to its highest level since early February, rising above $58.5/PH/s following a 7.4% decline in network difficulty—the steepest drop since the aftermath of China’s 2021 mining ban. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining […] Original
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. Cardano is making moves to become a hub for Bitcoin DeFi. According to Cardano founder Charles Hoskinson, the network has rolled out a string of upgrades, yet it still needs a strong message to win over…
Key Notes Humanity Protocol (H) surged over 100% following its KuCoin listing and Moongate acquisition. The acquisition of Moongate, announced in early June, brings real-world use cases to H, integrating digital ID with event access. Technical indicators suggest healthy consolidation after a parabolic rise, with potential for further upside. Humanity Protocol (H), the digital identity token powering Proof of Humanity, has witnessed an explosive rally over the past 24 hours. It managed to gain more than 100% from a daily low of $0.02439 to a high of $0.05182. At the…
Cryptocurrency investment products posted another strong week, bringing total inflows for the first half of 2025 close to last year’s figure, according to a new report from digital asset manager CoinShares. Global crypto exchange-traded products (ETPs) posted $2.7 billion in inflows in the trading week ending Friday, marking 11 consecutive weeks of inflows, CoinShares reported on Monday. Given all half-year inflows minus outflows, crypto ETP gains totaled $17.8 billion in inflows, 2.7% down from last year’s $18.3 billion, said CoinShares’ head of research, James Butterfill. The ongoing 11-week inflow haul…
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Swedish gaming and web3 company Fragbite Group vows to establish a Bitcoin treasury to ‘future-proof’ its balance sheet. The firm has also appointed a dedicated director to oversee its Treasury operations. According to a recently published press release, the company’s Board of Directors has approved a new business strategy that would focus on managing its profits to invest some of its corporate funds into acquiring BTC (BTC). “The company views Bitcoin not only as a hedge against inflation, but as a global monetary network with the potential to radically transform…
Bitcoin (BTC) heads into a key double candle close just inches from records — can bulls stay in control? Bitcoin order-book liquidity games continue as the monthly and quarterly close sets the stage for sudden price moves. BTC/USD only needs to close June at $104,630 to seal its highest-ever monthly close. A calm week for US macro data keeps attention focused on the Fed after Powell’s Congressional testimony. Bitcoin faces a “critical demand deficit” as buyer power fails to match distribution by long-term holders. Does Bitcoin only have three months of…
Key Notes Metaplanet now holds 13,350 BTC, surpassing Galaxy Digital and CleanSpark. Bitcoin trades above $108K as long-term holder selling meets institutional buying. Strategy hints at an 11th straight week of BTC buys, holding over 592K BTC. Japan’s leading corporate Bitcoin BTC $107 550 24h volatility: 0.1% Market cap: $2.14 T Vol. 24h: $18.98 B investor, Metaplanet, closed June with the acquisition of an additional 1,005 BTC worth around $108 million. The purchase was made at an average price of $107,601 per Bitcoin. CEO Simon Gerovich confirmed the purchase on…
Key Notes Leading CEXs saw over $11 billion in Bitcoin outflows over the past month. Bitcoin’s Apparent Demand indicator fell to the negative side. The technical indicator suggests a correction before another rally. The strong demand that pushed Bitcoin BTC $107 550 24h volatility: 0.1% Market cap: $2.14 T Vol. 24h: $18.98 B to a new all-time high of $111,970 on May 22 is starting to fade away. According to a CryptoQuant analysis, the Bitcoin Apparent Demand has been consistently declining over the past month. Consequently, the indicator fell to…
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