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The obverse of the coin is Ethereum's fundamental outlook, while the reverse side is that new users are not choosing Ethereum. How should Ethereum long-term believers think about this?
Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions.
The vise grip organizations like BlackRock have on bitcoin in order to fill their ETFs is a threat to bitcoin’s adoption
The Runes protocol, which launched on Bitcoin three weeks ago following its halving event, generated $135 million in fees over its first week, but activity has since fallen dramatically. May 10th was the lowest activity day on Runes by several measures, including new mints and new wallets, blockchain data show, in an early test for the new protocol.
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
Blockchain data shows that the victim of a $71 million address poisoning attack last week has recovered nearly all available funds when accounting for the changes in crypto prices. Blockchain cybersecurity firm Match Systems and the Cryptex exchange participated in the recovery negotiations, according to a press release.
- 15:04Bitfarms: Hope Hong Kong can become a channel for mainland investors to obtain Bitcoin-related technologiesGolden Finance reported that Ben Gagnon, chief mining officer of Bitcoin mining company Bitfarms, expressed at the recent Bitcoin Asia conference that he hopes Hong Kong can become a channel for mainland investors to obtain Bitcoin-related technologies, which may alleviate the impact of the decline in real estate and stock markets. Ben Gagnon added: “Optimistically, with standards and regulations in place, Hong Kong may actually find a safer, more controllable, or more secure regulated pipeline to mainland China’s larger Bitcoin and A bridge to the crypto ecosystem.”
- 14:50Trending Coin: APUApu, also known as Peepo or Helper, is a variation of Pepe the Sad Frog, used to represent a younger, kinder, and more innocent anthropomorphic frog. Tired of low-effort meme coins dominated by fraudulent developers, Apu decided to create his own fairly released, fully transparent currency. The current price of APU on Bitget is $0.0008517, with a 24-hour increase of 30.3%.
- 14:34UniCredit predicts first rate cut by Bank of England in AugustUniCredit Bank noted that the Bank of England's MPC decision on June 20 will be a delicate balance, depending on the data released between now and then, including two inflation reports. However, UniCredit still expects the Bank of England to cut interest rates for the first time in August, as it doesn't take much to err on the side of caution. Given that headline inflation fell below 2% this spring, further deterioration in the labor market, and slowing GDP growth, this may lead to the MPC continuing to cut interest rates at a fairly rapid pace after starting to cut rates.
