Tag: hits

[ad_1] A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ native currency. Cointelegraph reached out to Akshay Naheta, founder and CEO of Distributed Technologies Research (DTR) following...

[ad_1] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Bitcoin Miners’ Revenue Meanwhile, BTC miners are experiencing...

[ad_1] Ethereum (ETH) network has witnessed a sharp jump in overall activity during the past few days amid the last stage of its much-awaited network update. On 15 September 2022, the Ethereum Merge went live as Vitalik Buterin, the Co-Founder of ETH, confirmed the development in a Tweet. Take...

[ad_1] In addition to a sharp plunge in its price, BTC saw a spike in its mining difficulty level. The number increased by almost 9% within 24 hours yesterday. Earlier this month, the Bitcoin hash rate topped the level of 183 Exahash, the highest level on record. “BTC mining...

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin officially hits...

[ad_1] Open interest (OI) for Bitcoin (BTC) Futures trading on the Chicago Mercantile Exchange (CME) inched toward a new record high Thursday as BTC reclaimed its five-month high of $58,550 on BitStamp. The total number of outstanding derivatives contracts on CME Group’s Bitcoin Futures market reached $3.22 billion, according...

[ad_1] Cardano’s ADA token surged to new all-time highs on Sep. 2 as an altcoin comeback gripped cryptocurrency markets. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano joins Ethereum in serious gains Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday. Having shown strength...

[ad_1] Ether’s (ETH) $230 million options expiry on Friday appears to have shifted market sentiment in favor of the bulls, at least momentarily, as investors remain cautiously optimistic about the upcoming London hard fork and the prospect that Bitcoin (BTC) has established a firm bottom.  ETH price update ETH...