Global #btc

According to Glassnode's recent newsletter "The Week On-Chain" dated May 7, Ethereum's Ether (ETH) has demonstrated comparatively weaker performance in this market cycle when compared to Bitcoin (BTC), which is currently priced at $62,988.

Shiba Inu team member Lucie has issued a call to the crypto community to closely monitor SHIB and BTC, as both cryptocurrencies show signs of a price rebound.

On Wednesday, investors sold out U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) at the fastest rate possible, despite Jerome Powell, the head of the Federal Reserve (Fed), discounting the likelihood of a rate hike.

As it approaches the event's closeout, Mollars' initial coin offering is experiencing a surge in presales.

The "hash price," a statistic that is crucial to the profitability of Bitcoin mining, has recently fallen to previously unheard-of levels, raising fears among the mining community.

According to new data, mining Bitcoin (BTC) may not be as profitable as it once was. Bloomberg reports that the profitability of mining Bitcoin is getting dangerously close to a record low, not seen since the days after FTX collapsed, which presents serious difficulties for those tasked with maintaining network security.