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From 920 EH/s to 868 EH/s: Bitcoin’s Hashpower Takes a 50 EH/s Hit
After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17. Difficulty Spike and Hashrate Drop Lengthen…
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Bitcoin up 33% since 2024 halving as institutions disrupt cycle
Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence.The 2024 Bitcoin halving reduced…
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Crypto, DeFi may widen wealth gap, destabilize finance: BIS report
The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the BIS warned that the number of…
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Whales Piles Up in Anticipation of Big ETH Price Surge
The wider altcoin market, led by memecoins, has signaled a bullish breakout soon amid ongoing trade war negotiations.ETH/USD has been following a similar fractal pattern in the ongoing macro bull run to the 2020/2021 cycle.Ethereum (ETH)…
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Can Quantum Computing Break Bitcoin? Project Eleven Puts It to the Test
Project Eleven, a quantum computing research organization, has announced the Q-Day Prize – a global challenge offering 1 Bitcoin to the first team or individual who can use Shor’s algorithm on a quantum computer to break…
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Trump blasts ‘too late’ Powell for not cutting interest rates
US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks undermining the central bank’s political…
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Fed Rate Cut Odds Dwindle Despite Trump’s Criticism
Just five days ago, the likelihood of a quarter-point rate cut was higher, but with fewer than 20 days remaining until the U.S. central bank’s next Federal Open Market Committee (FOMC) meeting, those odds have diminished. In Five Days, Fed…
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Mantra post-OM token crash statement leaves key questions unanswered
Update (April 16, 6:50 pm UTC): This article has been updated to add a comment by Mantra CEO John Mullin.Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of…
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Emerging markets need boutique market-making to reach their full potential
Opinion by: Mārtiņš Beņķītis, co-founder and CEO of Gravity TeamAs crypto adoption plateaus in some developed nations, emerging markets have led the charge for adoption. Southeast Asia, Africa and Latin America have become rapid growth…
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Nothing in common but a token crash
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects…
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