Author: driver789
For the first time in six years, the bitcoin BTC$67,295.64 hashrate, the total computational power securing the network, fell during the first quarter. It is currently down around 4% year to date, hovering around 1 zettahash per second (ZH/s).Over the past five years, the rate has surged from roughly 100 exahashes per second (EH/s), a 10-fold increase, according to Glassnode data. Each year, the metric rose during the first quarter and ended with strong full-year growth in excess of 10%. In 2022, the figure almost doubled.BTC Hashrate YoY (Glassnode)The AI Pivot The shift in 2026 reflects changing economics across the…
XRP is approaching what market commentator Will Taylor describes as a critical technical inflection point, with a tightening descending wedge, oversold weekly momentum and a lopsided liquidation profile all pointing to a market that may be close to exhausting the downside. That is the core XRP takeaway in The Weekly Insight – Week 188, where Taylor argued that while crypto may still face one final flush lower, XRP is already trading in a zone that has historically aligned with major lows. XRP May Be Close To A Bottom Taylor framed the XRP setup against a broader macro backdrop that remains…
Update March 30, 1:20 p.m. UTC: This article has been updated to include a section on the wider tokenized commodities market.Trilitech, a London-based development company focused on the Tezos ecosystem, launched Metals.io on Monday, a new platform for trading tokenized commodities including uranium and gold, according to an announcement shared with Cointelegraph.The platform expands a commodities push that Trilitech and the broader Tezos ecosystem began with Uranium.io, a retail-facing uranium marketplace launched in December 2024 on Etherlink, Tezos’ Ethereum Virtual Machine-compatible layer 2.At launch, Metals.io is set to offer xU3O8 tokenized uranium, tokenized gold and Noemon Tech’s RARE token. Uranium.io…
ABTC has crossed 7,000 BTC in corporate reserves, marking more expansion of its Bitcoin treasury following its Nasdaq listing. The company reported its holdings have nearly tripled since launch, while “satoshis per share” have more than doubled over the same period. ABTC now ranks among the top publicly traded Bitcoin-holding firms globally, coming in at #16, according to bitcointreasuries.net. American Bitcoin has been aggressively expanding its mining operations, purchasing over 11,000 ASIC machines this month to significantly boost hashrate capacity. The company plans to scale its fleet toward ~89,000 rigs and ~28 EH/s, focusing on self-mining BTC at lower costs…
Ethereum price reclaimed the $2,000 level on Monday as investors priced in hopes of potential de-escalation in the ongoing conflict in the Middle East. Summary Ethereum price reclaimed the $2,000 level amid optimism over potential U.S.–Iran peace talks, easing geopolitical risk sentiment. Institutional developments supported gains, with BNP Paribas launching crypto-linked ETNs and the Ethereum Foundation staking over 22,000 ETH. Technical indicators signal bullish momentum, with a potential breakout targeting $2,150–$2,200, while failure to hold $2,000 could expose downside toward $1,800. According to data from crypto.news, Ethereum (ETH) price rose 2.5% to an intraday high of $2,058 at the last…
A new survey shows that many crypto users still struggle with the basics of taxation, even as most say they intend to follow the rules.Only 49% of respondents correctly understand that crypto becomes taxable when it is sold, while nearly a quarter believe simple transfers can trigger tax events, according to a 2026 Crypto Tax Readiness Report published by Coinbase and CoinTracker.The findings come from a survey of 3,000 US crypto users conducted between Sept. 9 and Oct. 3, ahead of the 2025 tax reporting season.When is crypto taxable. Source: CoinbaseThe survey noted that crypto investors show a clear willingness…
Prospects of interest rate rises are no longer just the U.S. story. Traders are now betting the Bank of Japan (BoJ) could tighten too as the resource-scarce nation faces inflation risks from the ongoing Iran war.Traders see a roughly 69% chance of the BoJ raising its benchmark borrowing cost at the April 28 meeting, according to data tracked by Bloomberg. Action in options tied to U.S. interest rates shows traders expect the Fed to raise borrowing costs in the coming weeks.BoJ’s policy meeting summary released Monday showed one member calling for a bigger rate hike in response to the conflict…
Opinion by: Ashna Vaghela, chief customer officer at Mercuryo, and Vi Powils, CEO at World of Women.For decades, the financial industry has treated creativity as a high-risk hobby. If you’re a woman building a global brand from a laptop, there is a risk that your bank doesn’t see a CEO. Rather, it sees someone with a non-standard income stream, without collateral, who might have to stop or pause working, to have children. Our global economy champions the middleman while the actual source of value can be treated as an afterthought.For many women, particularly in emerging markets, creating online is not…
Hyperliquid traders located in Tokyo have a speed advantage over their counterparts in Europe and the U.S, new data shows. A Timely Matter For Hyperliquid Traders Even the fastest growing derivatives DEX in the world needs its servers to be geographically located somewhere: in Hyperliquid’s case, it’s Amazon’s data centers in Tokyo. Latency probes and validator data from Glassnode show Hyperliquid’s 24 validators are clustered in AWS Tokyo. Spread across several availability zones inside Amazon Web Services’ ap‑northeast‑1 (Tokyo) region, the system’s API traffic is fronted by AWS CloudFront, but the validators themselves are all concentrated in a single Japanese…
Bitcoin ETFs snapped a four-week inflow streak, with over $296.18 million in outflows recorded over the last week. Summary Spot Bitcoin ETFs recorded $296.18 million in weekly outflows, ending a four week inflow streak that had brought in more than $2.2 billion BlackRock’s IBIT led the redemptions, with $225.5 million withdrawn on Friday, contributing to over $396 million in outflows across the final two trading days. Spot Ether ETFs also saw $206.58 million in weekly outflows, extending losses to a second consecutive week. According to data from SoSoValue, spot Bitcoin ETFs posted $296.18 million in net outflows after four weeks…