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The global cryptocurrency mining landscape is rapidly changing. In a recent development, Cleanspark, a renowned bitcoin mining corporation, has confirmed a significant reservation of 4.4 exahash per second (EH/s) of Bitmain's latest S21 Antminers. This procurement, valued at an estimated $61.6 million, equates to $14 for each terahash per second (TH/s). Details of the Acquisition […]

In the recent week, the cryptocurrency market noted significant movements, with XRP, a prominent player, recording six consecutive days of price depreciation. Alongside XRP, Solana also experienced a downward trend, gravitating towards a $21.00 floor. The downturn coincided with the global cryptocurrency market cap's 1% decline in the latest session. The Continuous Decline of XRP

Bitcoin's hashrate has reached an all-time high, hitting a record 440 exahash per second (EH/s) according to the seven-day simple moving average (SMA). This surge arrives as the countdown to the next block reward halving continues, with less than 200 days until the highly anticipated event. The hike in difficulty, which has seen a 0.35%

On Monday, the global markets saw a period of upheaval as the major U.S. indices, as well as the cryptocurrency economy, buckled under a tumultuous climate created by the escalating conflict between Israel and Hamas. This turmoil led to a dip in cryptocurrencies and a jolt in the prices of precious metals and crude oil.

Over the past seven weeks, the landscape for non-fungible token (NFT) sales has witnessed a persistent decline. Taking a snapshot from just the last week, the total NFT transactions stood at a sum of $66.11 million, an 11.65% drop when held against the preceding week. This downward trajectory in the NFT market is prevalent despite

In an ambitious bid to bolster its foothold in the European market, the celebrated cryptocurrency exchange, Kraken, has unveiled its strategy to take over the Dutch crypto brokerage, Coin Meester B.V. (BCM). The Netherlands, famed for its culture of innovation and substantial crypto adoption, is key to USA-based Kraken's European blueprint. Accelerating their continental growth

FTX's co-founder, Gary Wang, has recently provided a compelling testimony to federal prosecutors, accusing CEO Sam Bankman-Fried of secretly diverting billions from customer accounts to benefit his hedge fund, Alameda Research. During his testimony, Wang revealed how Bankman-Fried instructed him to create a specialized trading tool that allowed Alameda to overdraw its account, using FTX

Introduction Traders and investors closely awaited the release of the CPI report last week, which provided valuable insights into the current state of inflation. As expected, the report indicated that inflation had surpassed expectations and recorded its largest monthly increase in August this year, with a year-on-year increase of 3.7%. Surprisingly, the reaction in the

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