Bitcoin (BTC) miners’ first quarter results could be disappointing as the hash rate, which measures the daily profitability of mining, continues to decline and trade tariffs weigh on the market, CoinShares (CS) said in a blog post on Friday. “Second-quarter…
CME Group Crypto Derivatives Volume Increases 129% in April, with ETH Leading the Way Author: Francisco Rodriguez | Edited by: Aoyon Ashraf Updated: May 3, 2025, 2:07 PM Published: May 3, 2025, 2:07 PM CME Group’s cryptocurrency derivatives platform saw…
Cryptocurrency analytics firm Alphartal reported that pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to experts, a reduction in mining pressure has historically often preceded periods of sideways consolidation or falling prices. Alphartal’s statement…
Strategy’s $84B Bitcoin Expansion Plan Gets Backing from Wall Street Analysts Author: Helen Brown | Edited by: Stephen Alpher Updated: May 2, 2025, 6:35 PM Published: May 2, 2025, 2:34 PM Wall Street analysts are firmly backing Strategy’s (MSTR) aggressive…
A Coinshares report suggests that the Bitcoin network’s computing power could reach 1 zettahash per second (ZH/s) by July 2025. This achievement of 1 ZH/s would mean increased network security and greater confidence among miners. Bitcoin network hashrate is on…
In April, the number of new jobs in the United States increased more than expected, reaching 177 thousand. Author: Stephen Alpher Updated May 2, 2025, 1:55 pm Published May 2, 2025, 12:35 pm Looking at the employment situation for the…
Over the past week, data suggests that the Bitcoin blockchain has suffered a loss of nearly 100 exahashes per second (EH/s) in hashrate. Much of this loss occurred after the difficulty increased to 123.23 trillion on April 19. Data from…
Bitcoin Traders Prepare for ‘May Sell and Go’ as Seasonality Fosters Bearish Sentiment Author: Shaurya Malwa | Edited by: Parikshit Mishra Updated: May 2, 2025 5:44 PM Published: May 2, 2025 12:05 PM Bitcoin’s (BTC) breakout earlier this week has…
Bitcoin mining could begin in Mountain City as Cleanspark has received preliminary approval from local planners, which is subject to final land assessments and energy agreements. The Mountain City Planning Board has given preliminary approval to a Bitcoin mining data…
Kraken’s quarterly revenue increased 19% to $472 million in Q1, trading volume increased 29% Author: Francisco Rodriguez | Edited by: Parikshit Mishra Updated: May 2, 2025, 2:23 PM Published: May 2, 2025, 11:53 AM Cryptocurrency exchange Kraken reported revenue of…