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Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction


Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...

Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving


This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease...

Bitcoin’s Daily Transactions See Sharp 46% Decline Since Mid-September


Over the past 37 days, since September 15, 2023, the number of daily bitcoin transactions has dropped considerably, with the trend of Ordinal inscriptions experiencing a significant slowdown. In the first two weeks of September, the average number of daily transactions confirmed on the Bitcoin...

Our Fave Cosplay Looks From Dragon Con 2023


Atlanta Georgia’s annual convention, Dragon Con, is infamous in the cosplay community for the quality of looks on the show floor. And of course, this year’s convention did not disappoint, from elaborate Godzilla costumes to a lengthy cosplay parade.Read more

Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak


Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...

Bored Ape Yacht Club NFTs Face Sharp Decline Amid Broader Crypto Slump


Recent data paints an intriguing picture for the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Over a six-month span, its floor price tumbled from 76 ether down to a mere 21.99 ether. However, as of now, the BAYC floor is navigating a range of 23.90 ether to 24.65...

Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit


Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading. The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...

Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes


Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...

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