According to recent metrics, bitcoin miners sustained solid earnings results in August, capturing revenue nearly on par with July’s tally, or marginally …
July
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Mining
Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says
by shayaanby shayaanBitcoin mining profitability increased 2% in July as the price of the world’s largest cryptocurrency rose 7% while the network hashrate jumped …
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The crypto market staged a sharp rebound in July, with total market capitalization climbing 14% from the previous month to $3.7 trillion, …
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The cryptocurrency market grew by 13.3% in July, driven mainly by bitcoin (BTC) hitting several price highs throughout the month. The rally …
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Markets
Bitcoin Open Interest Flips Negative After July Peak – Risk Appetite Cools
by shayaanby shayaanBitcoin surged past the $120,000 mark, reaching an intraday high of $122,300 — just shy of its all-time high at $123,000. The …
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Adoption
Why $5.4 billion in July inflows could fuel Ethereum’s biggest rally yet toward $6k
by shayaanby shayaanThe U.S. Securities and Exchange Commission’s approval of in-kind creations and redemptions for spot Bitcoin and Ethereum exchange-traded funds on July 29 …
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Adoption
Stablecoin to settle $5 trillion and challenge SWIFT in 2026 amid $3.3T July volume
by shayaanby shayaanStablecoin rails are on pace to challenge incumbent cross-border networks by 2026, as monthly on-chain dollar settlement already runs in the trillions …
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Decentralized lending protocol Aave continues to dominate in DeFi with its total net deposits climbing 55% in July and reaching past $60 …
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Mining
Crypto attracts $2.67B in funding during July, bolstered by Pumpfun and stablecoin interest
by shayaanby shayaanCrypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. …
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Ripple’s stablecoin RLUSD grew 32.3% in supply between June and July, surpassing $600 million. This was the second most significant growth in …