Latest inflation data suggest that the Fed will likely remain conservative in its rate cuts, far short of Trump’s preferred 1% level. …
Sinks
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Smart Contracts
Bitcoin Sinks Below $110,000 as Fed Turmoil and Economic Data Loom
by shayaanby shayaanIn short Bitcoin fell 2.8% to $ 109.882, with $ 940 million in long liquidations. Trump’s resignation of Fed Gouverneur Lisa Cook …
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Markets
More Work, Less Reward? Bitcoin Mining Toughens As Price Sinks To $113K
by shayaanby shayaanThey say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates …
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BONK, the Solana-native meme cryptocurrency, declined nearly 5% over the last 24 hours, sliding from $0.000028 to $0.0000266. Price rejection near $0.000029 …
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BONK experienced a steep 12% drawdown over the last 24 hours, declining from $0.0000317 to $0.0000276, while the broader CoinDesk Memecoin Index …
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In brief Bitcoin’s dominance is creeping down, but it’s too early to tell if it’ll become a trend, 21Shares’ Adrian Fritz said. …
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Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their coins, according …
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Mining
Hashrate Sinks to 8-Month Low—Golden Entry or Looming Risk for Bitcoin Miners?
by shayaanby shayaanAccording to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684.48 EH/s, the lowest since mid-October last year. This decline, …
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Finance
Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN
by shayaanby shayaanA sharp sell-off in Coinbase (COIN) stock may be an overreaction to two pieces of bad news that hit on the same …
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In brief Bitcoin has dipped in recent hours after touching $105,500, its highest price since January. The U.S. and China announced Monday …