Block Inc., led by Jack Dorsey, has unveiled the Proto Rig—a modular redesign of Bitcoin mining hardware marking the first major innovation since Bitmain’s S1 ASIC rig debuted over a decade ago in 2013. The reveal took place at Core…
The crypto market has seen massive liquidations over the past three months, with long and short positions with low and medium leverage being wiped out. BTC has not escaped this fate The latest liquidations of BTC positions show that there…
The market for tokenized real-world assets (RWA) has grown by 70 percent since the beginning of the year, reaching a new all-time high of $26.5 billion. Despite this record value, the segment currently represents only a fraction of the overall…
Hut 8 (HUT), a publicly traded bitcoin BTC$109,802.43 mining and energy infrastructure company, soared on Tuesday following the announcement of a strategy to more than double its operational power capacity. The initiative involves constructing four additional facilities across the U.S.,…
The current chart of the first cryptocurrency shows similarities with the pattern of the second quarter, when the asset reached a historical maximum of $112,000 and fell to $98,000. This was noted by CryptoQuant contributor Cas Abbe. Source: X. “[There…
Tom Lee, managing partner of Fundstrat Global Advisors and currently active as a Saylor equivalent for Ethereum, predicted last night (CET) that ETH will reach a bottom “in the next few hours.” He suggested that the second-largest cryptocurrency may already…