Partner with us

News Explorer — Bitcoin Miners Face Pressure as Trump Pump Fades

Generated by AI, curated by humans

Mar 20, 6:06 pm

Coindesk

Bitcoin Miners Face Pressure as Trump Pump Fades

Bitcoin miners are experiencing financial pressure due to declining transaction fees and a drop in hashprice, leading to higher operational costs. The hashrate increased slightly in February, but the hashprice decreased, impacting miners' revenue. Transaction fees accounted for a small percentage of block rewards, adding strain to inefficient miners.

Bitcoin miners are experiencing financial pressure due to declining transaction fees and a drop in hashprice, leading to higher operational costs. The hashrate increased slightly in February, but the hashprice decreased, impacting miners' revenue. Transaction fees accounted for a small percentage of block rewards, adding strain to inefficient miners.

Latest

Mar 22, 2:14 pm

Decrypt

Bitcoin Flat This Week as ETF Flows Rebound and SEC Gives OK to Mining

Bitcoin experienced fluctuations this week due to news from the central bank, with its price remaining stagnant at $84,1... Read Summary

Mar 21, 10:31 pm

Decrypt

Individual Bitcoin Miner Beats the Odds With $266K Block Win

A solo Bitcoin miner recently earned over $266,000 by successfully mining a block without the support of a mining pool.... Read Summary

Mar 21, 10:14 pm

Decrypt

'Serious Deficiencies': German Regulator Blocks Ethena USDe Stablecoin Sales

BaFin has prohibited Ethena GmbH from selling the USDe stablecoin due to licensing approval process deficiencies. The re... Read Summary

Mar 21, 9:47 pm

Decrypt

NFTs for Crypto Startup Fundraising: It Can Be Done, Says SEC Leadership

Hester Peirce of the SEC suggests exempting NFT projects like Stoner Cats from securities regulations, following recent... Read Summary

Mar 21, 8:52 pm

Decrypt

Real-World Asset Tokenization Protocols Top $10 Billion: DeFiLlama

Real-world assets have a total-value locked of $10.216 billion on 79 DeFi platforms, with the top three RWA protocols ho... Read Summary

Mar 21, 7:43 pm

Decrypt

Stablecoin Giant Tether Seeking Independent Audit from 'Big 4' Firm: Report

Tether, a major stablecoin issuer, is in talks with a Big Four accounting firm for an independent audit. The company, no... Read Summary

Mar 21, 7:37 pm

Decrypt

This Week on Public Keys: Robinhood, Bakkt, Coinbase and More

Bakkt Holdings, a publicly traded crypto company, has undergone a transformation with a new co-CEO and a partnership wit... Read Summary

Mar 21, 6:39 pm

Decrypt

Ethereum ETFs Have Shed $370 Million Over 12-Day Losing Streak

Ethereum exchange-traded funds have experienced a significant decrease in assets over the past 12 trading days, with out... Read Summary

Mar 21, 6:24 pm

www.bloomberg.com

Coinbase in Talks to Acquire Bitcoin and Ethereum Options Platform Deribit

Coinbase Global Inc. is in advanced talks to acquire Deribit, the world's largest Bitcoin and Ethereum options trading p... Read Summary

Mar 21, 4:40 pm

Coindesk

South Korea Eyeing Sanctions Against Crypto Exchanges: Report

South Korean financial authorities are planning sanctions against crypto exchanges operating illegally in the country, t... Read Summary

Mar 21, 4:43 pm

Decrypt

Bitcoin Mining Stocks Didn't Benefit From SEC's Proof-of-Work Clarity

Shares of top Bitcoin mining companies like MARA, CLSK, and BTDR have fallen despite the SEC clarifying that mining oper... Read Summary

Mar 21, 3:03 pm

Coindesk

Bitcoin Whale Who Made Massive Shorts Is Convicted Criminal, Says Sleuth

William Parker, a convicted fraudster, made millions trading crypto derivatives using high-risk 50x leverage positions.... Read Summary

Mar 21, 3:52 pm

Coindesk

Ethena Token Falls as Regulator Highlights 'Deficiencies' in USDe Stablecoin

BaFin found "serious deficiencies" in Ethena's synthetic USDe stablecoin, citing issues with business organization and MiCAR compliance. Ethena's ENA token dropped 6.5% in 24 hours due to this news. Read Summary

Mar 21, 3:11 pm

DL News

Rising Solana and Ethereum Trading Volume Suggest Altcoin Resurgence

XRP and Ethereum led crypto trading volumes this week, with a potential shift towards altcoins. Market analysts note a decrease in Bitcoin selling pressure, hinting at an altcoin resurgence. Read Summary

Mar 21, 2:18 pm

Coindesk

Pro-Crypto PAC Fairshake Funds Florida Republicans in House Races

The Fairshake political action committee is injecting money into Republican candidates in Florida's special congressiona... Read Summary