Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s total hashrate has experienced a decrease, with a
Bitcoin.com
You can visit the page to read the article.
Source: Bitcoin.com
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bitcoin fees hit 3-month low: A $12M drop, explained
The reduced demand for the Bitcoin network post-halving has led to a significant drop in its fees. Bitcoin.com
Ethena Faces Potential Short Squeeze
Ethena showed negative funding rates and was heavily shorted. ENA`s open interest represents 16% of its market cap. Continue Reading: Ethena Faces Potential Short Squeeze Bitcoin.com