The Bitcoin network’s computing power, known as hashrate, registered a 4% increase during the first half of August, underscoring resilience in the digital asset ecosystem despite volatile market conditions. Analysts interpret this rise as a sign of expanding mining capacity and renewed institutional interest in cryptocurrency infrastructure. With mining companies investing in more energy-efficient hardware… Continue reading Bitcoin Hashrate Sees Steady Growth Amid Rising Institutional Interest
Category: Crypto Currencies
Cryptocurrency Markets Face Decline on Monday as Initial Euphoria About US Strategic Reserve Evaporates
Cryptocurrency markets were facing selling pressure on Monday, especially as the US markets opened. Bitcoin was trading below $90,000 levels while Ethereum, XRP, ADA and Solana were down between 8 – 12 percent. Almost all the coins registered impressive gains after President Trump announced on social media about his plans for a US strategic crypto… Continue reading Cryptocurrency Markets Face Decline on Monday as Initial Euphoria About US Strategic Reserve Evaporates
XRP, Solana, and Cardano in Donald Trump’s Plan for US Crypto Reserve
In a groundbreaking move, US President Donald Trump has unveiled details of a proposed U.S. Crypto Strategic Reserve, selecting XRP, Solana (SOL), and Cardano (ADA) as key assets. The announcement, made via his social media platform Truth Social, has sparked widespread debate within the cryptocurrency community, particularly due to the absence of Bitcoin (BTC) and… Continue reading XRP, Solana, and Cardano in Donald Trump’s Plan for US Crypto Reserve