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Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels


In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This level of concentration in bitcoin mining pools...

Connect Kit Exploit Sparks Criticism of Ledger’s Security Framework


On Dec. 14, 2023, Ledger’s Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledger’s security practices. Ledger Exploit Elicits Mixed Reactions From...

Bitcoin’s Volatility Surge: $48 Million Liquidated in 24 Hours


Source: Adobe / Maximusdn The surge in volatility that followed the US Federal Reserve’s interest rate announcement on Wednesday caused some $48 million to be liquidated in 24 hours in the Bitcoin market. As of press time on Friday, Bitcoin (BTC) again traded just below the $43,000 mark, after...

Solana Price Prediction as SOL Approaches $80 – $100 Incoming?


Source: Dall•E 3 The Solana price has risen by 8% in the past 24 hours, with the altcoin’s climb to $78.64 coming as the cryptocurrency market as a whole moves by only 0.4% today. Today’s jump means that SOL has now gained by 10% in a week and by 33% in the last 30 days, […] The...

Solana-Based Meme Coin BONK Surges 45% after Coinbase Listing


Source: Adobe Solana-based meme coin BONK has gained more than 45% in the past 24 hours following the announcement of its listing on prominent exchange Coinbase. The move positions BONK as the third-largest meme coin, trailing only Dogecoin (DOGE) and Shiba Inu (SHIB), to be offered on...

Bitcoin Technical Analysis: Key Indicators Point to a Consolidation Phase


As of December 13, 2023, bitcoin’s price stands at $41,197, showcasing a dynamic interplay between various technical indicators. The cryptocurrency’s trading journey over the past 24 hours, oscillating between $40,712 and $41,957, highlights a state of cautious optimism among traders....

Elon Musk Tweet Cools $DOGE Rally as Investors Buy This New Memecoin


If there’s one thing everyone has learned in the world of cryptocurrencies, it’s that tweets from Elon Musk can send shockwaves through the market. The latest example? A Dogecoin ($DOGE) surge, initially gaining momentum, hit a sudden chill during the morning hours of December 6th. This...

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