Crypto News
Bitcoin Set for Biggest Mining Difficulty Drop Since July 2021
Mining difficulty on the Bitcoin BTC blockchain is on course to drop by the most since July 2021 after the amount of mining power securing the network slid about 30% in two weeks.According to data from Mempool.space, a downward difficulty adjustment of around 9% is projected within the next five days. That would be the most since the China mining ban four years ago, when the hashrate, the total computational power used to mine blocks, plummeted 50% to 58 exahashes per second (EH/s) and bitcoin was trading near $30,000. The difficulty adjusts every 2,016 blocks to ensure that blocks continue to be mined at roughly 10-minute intervals. After the recent decline, the hashrate is now just under 700 EH/s, according...
Global Fintech Company Fiserv to Launch Platform to Democratize Stablecoin Access
Fiserv has announced the launch of a stablecoin payment platform that could potentially serve millions, supported by thousands of regional banks. The company has partnered with Solana, Circle, and Paxos for this development and will issue a stablecoin called FIUSD. Additionally, banks will have the ability to issue their own tokens. Financial Giant Fiserv AimsSource link
U.S. Housing Regulator Could Let Crypto Be Considered in Mortgage Applications
The Federal Housing Finance Agency (FHFA) will study whether crypto holdings should count when Americans apply for a mortgage, Director Bill Pulte said on X.The review, will look at how assets, such as bitcoin BTC might fold into the income-and-wealth checks at Fannie Mae, Freddie Mac, and the 11 regional Federal Home Loan Banks, used to backstop most U.S. mortgages.Pulte's comment come as the U.S. becomes increasingly crypto friendly under President Donald Trump's rule. Pulte, was sworn in on March 14 after being nominated by Trump. Public filings show he owns as much as $1 million in both bitcoin and solana's SOL SOL, alongside stakes in crypto firm MARA Holdings, air conditioning firms, MrBeast Industries, and Elon Musk’s X among...
Altcoins Surge on Trump’s Israel-Iran Ceasefire Announcement—But Will it Last?
Bitcoin recovered most of the weekend’s losses due to the Iran-Israel conflict—but questions remain over whether the ceasefire will hold.Source link
The Smarter Web Company Expands Bitcoin Holdings as Part of Long-Term Strategy
The Smarter Web Company, a London-listed technology firm, has announced the purchase of an additional 196.9 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The acquisition, valued at £15,185,259 ($20,610,000), was made at an average price of £77,122 per bitcoin ($103,290). This latest purchase brings the company’s total bitcoinSource link