Tag: Hits

Binance Market Share Allegedly Hits 77%; Criticism Grows

It is no secret that Binance benefits from FTX’s insolvency. After the second largest exchange in the world went belly up, other exchanges...

Ethereum Layer 2 Network Gas Usage Hits Record Highs

Gas usage on layer 2 networks for Ethereum hit an all-time monthly high. The statistic has grown by roughly 300% year over year. The...

Why Bitcoin Miners’ Revenue Hits Lowest Point Since 2020

Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices...

Solana Price Slides as Crypto Market Turbulence Hits

The Solana (SOL) price reclaimed the $13 area and began an upward movement. Despite the relief rally, the long-term trend still looks bearish. The...

Chainlink Rally In Social Activity Hits All-Time High Of 44,173

There has been an expected uptick in the Chainlink protocol’s optimism recently. This is due to the fact that the BUILD program is...

Avalanche TVL Hits 271 Million AVAX, After Weeks Of Setbacks

Some cryptocurrencies, including Avalanche (AVAX), saw modest gains even as the overall market suffered from a prolonged downturn. To date, AVAX TVL has gone...

Investors Panic As Largest Bitcoin Fund Hits All-Time Low Premiums

The Grayscale Bitcoin Fund (GBTC) remains the largest legal bitcoin fund in the world with hundreds of thousands of BTC in holdings. However,...

FTX Collapse Hits Asian Retail Trader Pockets the Hardest

It is hard to ascertain how many people have lost money due to the FTX collapse. However, data suggests that a lot of...

Elon Musk Strict Return to Office Policy Hits Twitter

Twitter owner Elon Musk said in his first email to employees that he expects them to return to the office. Musk said employees must...

Litecoin Mining Difficulty Rises as Price Hits New 5-month High

Litecoin mining difficulty has reached a record high of 18 million hashes, according to the announcement from the digital asset’s foundation. The official account...

Bitcoin Miners Struggling to Survive As Mining Difficulty Hits All-Time Highs

Bitcoin miners are finding it no longer profitable to mine BTC. Increasing energy prices, inflation, and a looming recession have put many of...

As Inflation Hits Meltdown, Which Country Will Be Next To Adopt Bitcoin?

Some of the biggest economic problems among developing countries are the lack of financial inclusion and high levels of inflation. But is Bitcoin...

Opensea Volume Hits Lowest of $303M Since June 2021

OpenSea sees their trading volume decline 13% to $303 million, its lowest level since June 2021, as other NFT marketplaces take a slice...

Q3 Hits a new low in Crypto Venture Capital Investments. Here’s why

VC: Galaxy Digital Research has noted in its latest report that VCs invested more than $5.5 billion in crypto businesses in Q3 2022....