Lower cost miners have increased market share since the bitcoin halving event, the report said.
One trader said recent declines are likely related to miners’ asset sell-offs and fears of tighter regulation of cryptocurrencies.
Police in Panshi City, Jilin arrested six people for running an “underground bank.”
Wednesday’s U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March’s 3.5%.
The developers at Synthetix have rolled out Infinex — a front-end site for that unifies DeFi ecosystems under a user-friendly layer.
Bernstein analysts said they don’t anticipate any major drawdown here and expect BTC to remain range-bound before breaking out to the upside.
Bitcoin posted an uptick on Monday as traders await U.S. inflation data, which could help determine the likelihood of rate cuts in 2024.
Singapore-based Liminal won approval to operate as a regulated custodian, another sign of its expanding footprint in the APAC and MENA regions.
The transfers were made via two potentially related wallet addresses, moving 500 BTC each in close proximity.
Layer 3 Degen Chain is experiencing operational downtime and the network has not produced a block for over 11 hours.
