Hashprice plunged to its lowest level since April, when bitcoin was trading around $76,000, now sitting at $43.1 per petahash/second (PH/s). Hashprice, a term coined by Luxor, refers to the expected value of one terahash per second (TH/s) of hashing power per day, representing how much a miner can earn with a specific amount of […]
BTC Mining Profitability Collapses as Hashprice Falls to Multi-Month Low Read More »
The crypto market suffered a massive sell-off on Tuesday with bitcoin BTC$103,905.78 approaching its lowest level since June and the ether ETH$3,518.11 trading at $3,480, the lowest since August. Selling pressure has led to approximately $1.4 billion in liquidations on derivatives exchanges, which at press time are performing better than in October, when Binance’s automatic
BTC price nears June low as $1.4 billion liquidations rock Altcoins Read More »
UBS said it has completed the first on-chain redemption of a tokenized fund using Chainlink’s digital transfer agent (DTA) in a live transaction that highlights how blockchain infrastructure is beginning to interface with the $100 trillion global funds industry. The transaction involved tokenized money market fund UBS USD Money Market Investment Fund Token (uMINT) built
Less than a week after Strategy (MSTR) reported third-quarter results and hinted at the launch of international perpetual preferred stock, the company launched Stream (STRE), a euro-denominated perpetual preferred security, the company announced Monday. STRE will be issued at a price of 100 euros ($115) per share with an annual dividend of 10% payable quarterly
Strategy (MSTR) Introduces Euro-Denominated Flow Preferred Stock After Q3 Results Read More »
Bitcoin BTC$103,900.89 the price is nearing its lowest level since June 24, trading near $103,000. It is now about 20% below its October 6 record of $126,500. The last time bitcoin traded below $100,000 was in late June, when tensions between Iran and the United States flared. Meanwhile, the US government shutdown entered its 35th
BTC price nears lowest since June as US government shutdown reaches longest term Read More »
Bitcoin BTC$103,982.97 fell below a key support level that had prevented a decline towards $100,000, amid weakening momentum in tech stocks. The leading cryptocurrency fell below $106,000 during Asian trading hours, penetrating the level that had offered support several times in recent weeks, according to CoinDesk data. Major Altcoins such as Ether ETH$3,492.16, XRP$2.2661 and
Bitcoin, XRP, Solana and Ether slide as BTC loses its last support before $100,000 Read More »
Bitcoin started November under pressure after closing out its worst October in a decade, slipping below $105,000 earlier Tuesday as selling among the majors intensified following last week’s Federal Reserve decision. BTC fell 2.8% in the last 24 hours, while Ether fell 6% to around $3,630. Solana led the losses with a 10% decline to
Can Bitcoin experience a bullish November? Read More »
XRP$2.2814 fell 6% in 24 hours, approaching the lower end of its three-week trading range between $2.20 and $2.70. The token is approaching a bearish technical pattern known as the death cross, where the 50-day simple moving average (SMA) is expected to move below the 200-day SMA for the first time since May. The death
Ripple-bound token approaches ‘death cross’ Read More »
Solana’s SOL token fell to its lowest level since August, falling below the uptrend line, representing the bull run since the April lows. The breakdown signals increasing bearish momentum, marked by the recent highs and lows of the series, and a new bearish crossover in the MACD. Immediate support lies at $155 – the 61.8%
End of Solana’s Bull Party: Trendline Broken, Fib Eyed Read More »
DeFi platform Stream Finance faced a financial setback, prompting the company to launch an investigation led by Perkins Coie LLP. The company, known for improving capital efficiency and yield generation through innovative decentralized financial protocols, announced on X that an external fund manager overseeing the Stream funds revealed a loss of approximately $93 million in
Stream Finance faces $93 million loss, launches legal investigation Read More »
