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Dogecoin (DOGE) retraced Tuesday’s gains while Solana’s SOL jumped 8% higher as crypto markets rebounded on Wednesday to reverse some losses from earlier in the week. DOGE fell 7.5% amid profit taking, data shows, to trade at 36 cents in European noon
Hashprice, a metric coined by Luxor that gauges mining profitability, estimates the daily income of miners relative to their estimated contribution to the Bitcoin network’s hash power. In other words, it is the expected value miners can expect from 1 TH/s of
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin remains well supported above $100,000 as it eyes record highs, buoyed by reports that the new SEC leadership has established a task force to develop a framework for crypto assets. Pundits have
Long-term holders of bitcoin (BTC) seem to ended their selling spree, a change in strategy that’s helped convert the psychological $100,000 resistance price into a support level for the first time. With one, short-lived exception, the largest cryptocurrency has held above $100,000
On Tuesday, bitcoin (BTC) options trading on the Chicago Mercantile Exchange (CME) showed the strongest bullish sentiment since Donald Trump’s Nov. 5 election victory. Traders scrambled to buy calls, or options offering asymmetric upside exposure, driving the skew higher to 4.4%, the
Jupiter, a Solana-based decentralized exchange, will airdrop 700 million JUP tokens to its community on Wednesday in what it is calling the “largest airdrop in history.” The airdrop is a part of the project’s annual “Jupuary” event, which was voted into existence
Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday. The broker said mining fundamentals are strong, “with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range per bitcoin
Eric Conner, a prominent core developer at Ethereum, has left the ecosystem community after a nearly 11-year affiliation citing network co-founder Vitalik Buterin’s dismissal of a leadership shake-up proposal. Conner is a co-author of EIP-1559, the major network change that shifted how
Solana’s validators experienced a record influx of over 100,000 SOL, worth nearly $25.8 million, in fees and tips due to intense trading activity of the TRUMP and MELANIA tokens. The peak occurred on Jan. 20, with validators receiving over 87,000 SOL, driven
TRUMP memecoin riches have spurred billions of dollars for the newly sworn-in U.S. President Donald Trump, an amount he termed as “peanuts” compared to corporate bigwigs in his first address of the token since launch. “I don’t know much about it other