Crypto News

Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10%

Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.Source link

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/sSource link

This Week in Crypto Games: ‘Hamster Kombat’ and ‘Catizen’ Delay Airdrops as ‘Notcoin’ Launches New Game

Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.Source link

This Week on Crypto Twitter: Trump Keeps Beating Bitcoin Drum as Markets Melt Down

Crypto tweeters debated Trump's sincerity after Bitcoin 2024 as the U.S. and Russia made crypto moves—and prices plunged.Source link

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review

The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto sector. In Zambia, the central bank aims to enforce the kwacha as the soleSource link