Crypto News

After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior,Source link

The London neobank is in talks with at least one crypto-native company as it considers launching a stablecoin.Source link

Circle has certainly sparkled on Wall Street since its debut on the New York Stock Exchange (NYSE), and Coinbase has also captured investor interest this week. Yet, not all crypto-related stocks are having a grand time, with Strategy’s MSTR and shares of public miners facing some headwinds. Miners Take a Hit—Meanwhile, CRCL and COIN ShineSource link

The cryptocurrency market faces mounting pressure due to escalating tensions between Iran and Israel in the Middle East.NEAR Protocol has demonstrated remarkable resilience, climbing 4.5% with significant volume support around the $2.11-$2.12 range. This performance comes as traditional markets struggle to find direction amid conflicting economic signals.NEAR's strong performance coincides with heightened trading activity, particularly during peak hours when volume reached 5.14M units. The token continues to test resistance at $2.20, suggesting continued interest despite broader economic concerns.Technical AnalysisNEAR-USD experienced a significant bullish breakout, climbing from $2.124 to $2.170, with a notable 24-hour range of $0.095 (4.5%).A clear high-volume support zone formed around $2.110-$2.120, where buyers consistently stepped in, particularly during the 18:00-20:00 timeframe when volume peaked at 5.14M units.Key...

Publicly-traded health sciences company Prenetics joins a growing list of companies adopting a Bitcoin treasury strategy.Source link