Bitcoin Price Recovery: $78K in Sight as LIT Surges 18%
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Bitcoin price recovery put $78,000 back in focus on November 1 as the market steadied after last week’s sell-off. Lighter’s LIT token jumped roughly 18%, while modest moves in
AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid
Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power their operations. Now AI companies want those connections so badly they’re willing to make aging mines valuable real estate. The ASICs that mine Bitcoin are practically
Binance Hack Rattles Crypto Markets
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum fell below
Bitcoin mining difficulty hits 148 trillion as revenues fall to three-month lows
Bitcoin’s mining difficulty jumped 5.54% on Oct. 29 as recovering network computing power intensified competition among miners already facing shrinking revenues. Data from Nodewitness shows the adjustment increased difficulty from 140.58 trillion to 148.36 trillion, following another 5.92% increase on Oct. 16. The
XRP Price Barely Moves on Ripple OCC Approval as Whales Control 68.5% of Supply
Key Takeaways Ripple gained OCC trust bank approval, but XRP remained stagnant between $1.29 and $1.31. The disconnect from positive news sparked retail investor frustration and claims of market suppression. Santiment Intelligence reported whales hold 68.5% of XRP supply, targeting a $1.50 breakout.
Bithumb Probes Data Leak After Internal Hack
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR South Korean exchange Bithumb is investigating a data leak after its in-house mobile work system was hacked. The exchange discovered the breach on Tuesday and notified the Korea Internet
Bitcoin beats the S&P 500 on most trading days but still loses the month
Bitcoin’s relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode. Coinbase Institutional’s Oct. 23 report found BlackRock’s IBIT drawing about
Zcash Co-Founders Clash Over Future of $125M Grant Fund
Key Takeaways ZODL founder Josh Swihart has opposed Sean Bowe’s plan, calling the sole shutdown of ZCG a half measure. Zcash’s $125 million ZCG treasury sparks debate over funding concentration and market uncertainty. The draft ZIP proposes crediting an 8% block subsidy to
Bitcoin ETFs Face Roughest Run Since April as Banks Stay Shut
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Institutional appetite faded fast. Spot Bitcoin ETFs in the US saw roughly $228 million of net withdrawals between October 12 and 16, following $681 million the week before, for a
Cardano moves closer to 15x scaling breakthrough as developers merge key Leios code
Cardano developers have merged key Leios code as the network pursues a planned 15-fold increase in transaction capacity. The blockchain’s consensus team integrated Praos2, which combines Cardano’s existing consensus protocol with the Leios scaling system, into its main development branch, according to a development
