Crypto News

Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled, settling in the 900 EH/s range. Mining Metrics Flash Mixed Signals as Block Times Stretch to 11:04 On Aug. 8, 2025, the network’s computing power reached a whopping 976 EH/s based on the seven-day simpleSource link

The market was waiting for a clear signal from Tuesday’s CPI report but despite no increase in overall prices, certain items saw inflation jump to a two-year high. Ambiguous CPI Figures Leave Bitcoin Flat The U.S. Department of Labor Statistics published its consumer price index (CPI) data for July on Tuesday, revealing lower-than-expected inflation forSource link

The price of Ethereum has skyrocketed by 26% this week alone, with short traders feeling the pain Tuesday following the latest leg up.Source link

Bitmine Immersion is now aiming to raise up to $24.5 billion from its common stock sales to buy more ETH. Source link

Crypto exchange Coinbase (COIN) said on Tuesday it is reviving its Stablecoin Bootstrap Fund, aiming to boost stablecoin liquidity on decentralized finance (DeFi) markets.The initiative will be managed by Coinbase Asset Management and begins with deployments on Aave, Morpho, Kamino and Jupiter, according to a blog post.The exchange first launched the program in 2019 to help protocols seed early trading pools for USDC stablecoin. That effort supported early platforms like Uniswap (UNI), Compound (COMP) and dYdX (DYDX) and helped spearhead USDC in the DeFi ecosystem, which is still the most widely used stablecoin in the sector.In its new iteration, the initiative will allocate capital across both established and emerging protocols, aiming to ensure users can access stable yields and efficient...