Bitcoin’s hashrate reached a lifetime peak on April 5, climbing to 883 exahash per second (EH/s), a gain of approximately 21 EH/s compared to the previous record set on March 28. Bitcoin Miners Push Limits as Difficulty Hits 121.51 Trillion and Hashrate Peaks At press time, the Bitcoin network’s computing capacity is gliding at 876.24…
Ethereum has underperformed compared to bitcoin and the broader cryptocurrency market, and this divergence in performance has led to frustration among ether holders and fans. An expert attributes ether’s recent price decline to the network’s focus on foundational development rather than hype-driven narratives. Ethereum Prioritizes Foundational Development Over Hype Ethereum’s ( ETH) performance since the…
Japanese gaming firm Enish enters the world of bitcoin treasuries by buying 100 million yen (around $687,000) worth of bitcoin. That’s part of its plan to get a deeper understanding of blockchain technology and to diversify its financial assets. Enish, which has already shown off its blockchain chops with the game De:Lithe Last Memories, sees…
Securitize, the issuer behind Blackrock’s BUIDL tokenized U.S. Treasury fund, reported a record $4.17 million in dividends for March, marking the highest monthly payout among tokenized Treasury products. Since its launch, BUIDL has distributed $25.4 million, demonstrating the increasing appeal of tokenized institutional investments. Blackrock’s BUIDL Tokenized Fund Hits Record $4.17M Monthly Payout Securitize, the…
Eric Demuth, CEO of Bitpanda, argues that Trump’s tariffs are primarily a strategy to lower the 10-Year Treasury Yield and facilitate the refinancing of $9 trillion in U.S. debt by 2026. Demuth: Trump Tariffs Not Protectionist Eric Demuth, CEO of cryptocurrency exchange Bitpanda, argues that U.S. President Trump’s tariff policies are less about protectionism or…
Last week, with tariffs looming and macro uncertainty unresolved, the move upward felt more like wishful thinking than fundamental confidence. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Last Week The Question Was: Are Tariffs Priced In?…
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has identified eight digital asset wallets used by the Houthis to transfer funds associated with their activities. OFAC also designated several individuals and entities as part of a network of Houthi financial facilitators and procurement operatives. Allegedly backed by Iran’s Islamic Revolutionary Guard…
From multiple NFT marketplaces shutting down to crypto hacks, here’s a roundup of the top crypto stories you may have missed. Illinois Drops Lawsuit Against Coinbase Illinois has dropped its lawsuit against Coinbase regarding the exchange’s staking services, making it the fourth state to do so in recent weeks. Vermont, South Carolina and Kentucky have…
Binance’s Changpeng Zhao (CZ), who advises governments on crypto frameworks, is embedding blockchain into Kyrgyzstan’s economy through a sweeping fintech infrastructure pact. CZ Pushes Blockchain Into the Heart of Kyrgyzstan’s Economic Core President Sadyr Zhaparov of the Kyrgyz Republic revealed a pivotal agreement Wednesday through social media platform X, signaling a significant step toward the…
Following the recent launch of FishBlocks—a new take on the traditional Filipino street food fishballs, paired with a non-fungible token (NFT)—the news garnered reactions from industry thought leaders and the community, with most criticizing it and questioning its use case. What are FishBlocks? During the March 31 press launch of the upcoming Philippine Blockchain Week…
