Bitcoinist·
On-chain analytics firm Glassnode has revealed how the latest Ethereum cycle never reached a profitability threshold cleared in previous bull runs. Ethereum Has Seen Its Profitability Profile Compress This Cycle In a new post on X, Glassnode has talked about how the share of supply carrying a gain of more than 300% is currently looking […]
Read full articleX's proactive notifications could enhance misinformation control, but declining contributor engagement may limit its effectiveness and credibility. The post X introduces memory feature to proactively notify users of Community Notes corrections appeared first on Crypto Briefing.
Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]
Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on the network. A 75,000 ETH Buy in an Eight-Hour Window Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123 […]
X's stance on deepfake abuse highlights potential regulatory challenges and risks of substantial penalties under European digital laws. The post X tells Chinese activist deepfake abuse does not breach platform rules appeared first on Crypto Briefing.
The shift in capital towards XRP and Solana ETFs highlights growing investor interest in altcoins, potentially diversifying market dynamics. The post SOL and XRP spot ETFs pull in fresh capital while Bitcoin and Ethereum funds bleed appeared first on Crypto Briefing.
Retail traders have written off Ethereum as it falls to bear market lows, but there could be a positive outcome.
The founder of Capriole Investments has highlighted how Bitcoin is at the threshold of a zone that has historically provided the best long-term opportunities. Bitcoin Has Returned To Its Production Cost In a new post on X, Capriole Investments founder Charles Edwards has pointed out that Bitcoin is back at its Production Cost. The “Production Cost” here refers to an indicator that estimates the global average USD cost of producing one token of the cryptocurrency per day. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC BTC uses a consensus mechanism called the proof-of-work (PoW) in which validators called miners compete against each other using computing power to gain the chance to add the next block to the chain. Today, the blockchain is so competitive that the average miner requires a ton of machines to have a shot at making revenue. Setting up mining farms can require a significant initial investment, but what determines whether the miner can ear
Apple Peiqing Ni targeted by account portraying her as promiscuous drug addict after posting about Tiananmen Square A high-profile Chinese activist in the UK who was inundated with deepfake posts on X portraying her as a sexually promiscuous drug addict was told that the abuse did not breach the rules of Elon Musk’s platform. Apple Peiqing Ni, the 27-year-old founder of the UK-based China Dissent Network, had been advised by UK police to complain to the US-headquartered platform after she was targeted by what she believes is a pro-regime bot. Continue reading...
