Author: NBTC
Bitcoin’s computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins. Bitcoin’s network strength reached a new milestone in early April, even as miners ramped up their Bitcoin (BTC) sales to stay afloat. On April 5, the hashrate achieved historic 1 sextillion hashes per second on a daily basis, according to data from BitInfoCharts. Bitcoin miner revenue (monthly) | Source: Newhedge You might also like: Miners win most from the US Strategic Bitcoin Reserve | Opinion But while hashrate climbs, miner revenue remains under pressure. Bitcoin miners’ revenue in March…
Chainlink leads the rankings of the blockchain infrastructure with a market capitalization of $12.7bn and an astonishing 9,962% YTD from a low. Quant demonstrated the highest percentage increase, placing it at 40,549% despite being the lowest valued in the top ten. Other new projects, such as ZKJ, PYTH, and FET, also went up, demonstrating the investors’ growing demand for infrastructure tokens. Chainlink ($LINK) has emerged as the most valuable blockchain infrastructure project, reaching the $12.7 billion FDV, according to data provided by the Top 7 ICO. LINK has risen by an incredible 9,962% from its ATH (all-time low), contributing to…
Markets edged lower Tuesday as investors weighed first-quarter earnings, trade developments, and a dip in Bitcoin, which fell below $84,000. The Dow Jones Industrial Average shed 155 points, or 0.38%, while the S&P 500 and Nasdaq both declined by roughly 0.1%. Bank stocks offered some relief. Bank of America and Citigroup rose over 4% and 2% respectively, after beating earnings expectations. The broader SPDR S&P Bank ETF climbed nearly 2%. Still, the optimism was offset by weakness in other sectors and global uncertainty. Boeing dropped nearly 2% following a Bloomberg report that Chinese regulators told airlines to halt new purchases…
On April 2, President Donald Trump announced a sweeping tariff hike, imposing a universal 10% tariff on all imported goods effective April 5. In an X post, Santiment highlighted several crypto assets to watch during the volatile market, including ADA, ETH, BNB, Solana, RLUSD, and USDT. President Donald Trump’s recent tariff announcements, aimed at countering unfair trade practices and increasing tax revenue, have influenced the cryptocurrency market. These policies have led to notable fluctuations in crypto prices and crypto-related stocks. In response to these developments, various digital assets have been trending due to increased speculation, market activity, and major updates.…
Panama City has approved a measure allowing residents to pay for public services using cryptocurrency. The city council voted to enable payments in Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT) for services like taxes, permits, and fines. A partner bank will convert the crypto to U.S. dollars at the time of payment, complying with legal requirements without passing new legislation. “Prior administrations tried to push a bill in the senate to make this possible, but we found a simple way to do it without new legistlation,” Panama City’s Mayor Mayer Mizrachi posted. “Legally public institutions must receive…
Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform’s native token, IMX, in late March. Co-founder Robbie Ferguson shared key milestones on X (Twitter), signaling a turning point for the company and the broader Web3 gaming industry. Immutable’s Ferguson Highlights Network’s Growth Immutable executive Ferguson revealed that the blockchain-based gaming platform has made commendable strides despite a regulatory clampdown. “Despite the SEC inquiry, this last year we’ve onboarded 5 million wallet users, partnered with 3 multi-billion dollar companies, and doubled our signed games to 500+. Now the investigations…
Terminus, a leading payment platform merging real-world and crypto transfers, has partnered with SFT Protocol, a prominent player in the digital Web3 infrastructure. The partnership focuses on combining the Web-native infrastructure’s strengths with the advanced financial technology. The platform revealed this development on its official social media account. 🟢 Terminus x SFT Protocol: A Power Couple is Born! 🤝Hey future-shapers! Big news – Terminus is joining forces with SFT Protocol @SFTProtocol, the trailblazers building tomorrow’s infrastructure today. Get ready for something epic! 🔥 Why This Matters:SFT Protocol isn’t… pic.twitter.com/F3lJoMsrtJ — Terminus (@terminus_pos) April 16, 2025 Terminus Collaborates with SFT Protocol…
Popular quant analyst PlanB says that one key indicator suggests a Bitcoin (BTC) bull market is now forming. In a video update, the pseudonymous analyst tells his 209,000 YouTube subscribers that a combination of 200-week means suggests Bitcoin may soon enter an explosive uptrend based on historical precedent. The analyst says that the 200-week arithmetic and the 200-week geometric are currently close together on the chart, signaling a possible Bitcoin breakout. “It might be that the bull market is still forming and that the [arithmetic mean] will separate again, will diverge again, from the geometric mean. One more thing on…
Markets may have moved past the peak of U.S. tariff policy uncertainty, but the path ahead remains volatile, according to a new report from Nansen. Nansen Highlights ‘Bessent Put’ as U.S. Moderates Trade Stance In a report shared with Bitcoin.com News, Aurelie Barthere, Principal Research Analyst at Nansen, argues that recent U.S. tariff negotiations suggest a shift toward pragmatism, easing some investor fears. The report highlights Treasury Secretary Bessent’s growing influence over trade policy, contrasting with the diminished role of hardline aides like Navarro and Commerce Secretary Lutnick. This shift, coupled with temporary tariff exemptions for semiconductors and tech products,…
Irish mixed martial arts champion Conor McGregor has released a new meme coin in a sealed bid auction. The new token, ‘REAL,’ was only launched through an auction to prevent snipers and bots from taking over the launch. The asset was also developed closely by Real World Gaming decentralized autonomous organization (DAO) and will provide staking incentives and governance rights for its holders. McGregor assures users that his new token will change the crypto ecosystem McGregor defended the token’s release, claiming this isn’t your ordinary celebrity-backed meme-coin. He tried to assure users that assets will bring real change to the…