China persists as Bitcoin mining giant despite crypto ban – CryptoQuant
China persists as Bitcoin mining giant despite crypto ban – CryptoQuantDespite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share.
Happy Tuesday!The global crypto market cap is $2.22 trillion, with a 24-hour volume of $69.72 billion. The price of Bitcoin is $63,239.76, and BTC market dominance is 56.3%. The price of Ethereum is $2,617.62, and ETH market dominance is 14.2%. The best-performing sector is eCommerce, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (54). 📰 Top News
China persists as Bitcoin mining giant despite crypto ban – CryptoQuantDespite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share. Telegram to share IP addresses, phone numbers with authorities after policy shiftTelegram's new policy aims to address criticism from authorities over unresponsiveness in criminal cases. Bitcoin could continue to consolidate under $65,200 in the near term – BitfinexThe recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume. 📈 Latest Insights
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Experts believe that the approval would pave the way for more diverse funds providing exposure to Bitcoin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Saturday, September 21, 2024
Franklin Templeton plans to launch a mutual fund natively on Solana, while Citi is exploring Solana's capabilities for smart contracts and cross-border money transfers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Modifications reflect BlackRock's efforts to enhance operational frameworks and improve liquidity amid recent allegations. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Former President Trump assisted in completing a Lightning transaction to buy burgers for fans. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment
Wednesday, September 18, 2024
Hougan believes that despite market doubts, Ethereum still leads in DeFi assets and institutional adoption, much like Microsoft's role in tech. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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