Crypto News
Aavegotchi Studio Reveals ‘Members Only’ Ethereum Layer-3 Gaming Chain
Built with Ethereum tech from Arbitrum, Base, and Alchemy, Geist aims to solve crypto gaming pain points while delivering exclusive benefits.Source link
Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties. Bitcoin Miners Face Capitulation Amid Record-High Hashrate and Squeezed Margins In the latest findings from Cryptoquant’sSource link
Making Bitcoin Mining Work in 2024: The Role of DeMi Token
As the landscape of Bitcoin mining becomes increasingly competitive, the question of profitability takes center stage. With advancements in technology and shifts in the industry, it’s crucial to understand how Bitcoin mining remains viable today and how the DeMi Token is redefining access to this opportunity. The Evolution of Bitcoin Mining In the early days,Source link
Phoenix Rising: Building the ‘One-Stop Shop’ for DeFi on Stellar
DeFi app Phoenix is building out its ecosystem on Stellar using the new Soroban smart contract platform.Source link
Bitcoin ETFs See $81M Outflow as Ethereum ETFs Cash In
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an outflow of $81.36 million, while spot ethereum ETFs experienced a brighter day, bringing in $10.77 million during the trading session. Crypto ETFs Clash: Bitcoin ETFs Stumble With $81M Loss, Ethereum Funds Pull in $10.77M After enjoying two days of steady inflows, spot bitcoin ETFs facedSource link