Mining Profitability Hits Bitcoin Price Floor Amid Cycle Top Signs: Navigating Mixed Signals
The Bitcoin hash rate has recently declined sharply as mining firms have started turning off unprofitable mining rigs after the fourth Bitcoin halving. This led to the largest difficulty decrease since 2022 at -5.625%. Source: mempool.space The temporary drop was...
Historic Drop in Ethereum Fees Draws Attention From Users and Developers
#Ethereum users are enjoying historically low gas fees, the lowest in years, resulting in significantly cheaper transactions. This makes the platform more...
Introducing EIP-7702: A Quantum Leap in Ethereum's Account Management
Vitalik Buterin, with co-authors, introduced EIP-7702 as an alternative to EIP-3074. The proposal aims to refine Ethereum’s account abstraction and enable...
Time to Be Bullish? Mainland China Poised to Access Hong Kong's Bitcoin ETFs
Richard Byworth, managing partner at SyzCapital, has sparked rumors suggesting that Bitcoin ETFs listed in Hong Kong may soon be available to...
Bitcoin Mining Post-Halving: A Resilience Test Amid Hashprice All-Time Low
The recent post-halving price dip has placed Bitcoin miners in a tricky position, prompting concerns about potential miner capitulation—where miners might...