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Bitcoin (BTC) hash rate drops as miners shift capital to AI infrastructure

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For the first time in six years, bitcoin BTC$67,431.56 hashrate, the total computing power that secures the network, fell during the first quarter. It is currently down about 4% year-to-date, hovering around 1 zettahash per share. second (ZH/s). Over the past five years, the frequency has increased from around 100 exahashes per second (EH/s), a […]

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Bitmine buys 71,000 ETH as digital asset treasury dials back buying

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BitMine Immersion Technologies (BMNR) made its biggest weekly purchase of either (ETH) this year, adding 71,179 ETH and extending a month-long buying rally, even as crypto prices remain under pressure. The purchase, worth about $143 million at current prices, lifted the company’s total holdings to over 4.73 million ETH, about 3.92% of the token’s supply,

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Nearly half of all circulating bitcoin is underwater as long-term owners sell at a loss

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Almost half of all bitcoin BTC$67,489.61 in circulation is now worth less than it was bought for, according to data from the Bitcoin Impact Index, which jumped sharply last week as stress returned across all segments of the market. The index, which measures financial stress for bitcoin user cohorts based on onchain behavior, ETF and

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Bitcoin jumps as Trump says US in talks with ‘new regime’ in Iran threatens oil infrastructure if deal fails

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US President Donald Trump wrote on Truth Social Monday that the US is “in serious discussions with a new and more sensible regime” to end military operations in Iran, the first public acknowledgment of regime change in Tehran since the conflict began five weeks ago. The term “new regime” suggests that the leadership structure that

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Midas Raises $50 Million To Address Pain Point For Tokenized Asset Investors

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Midas said it raised $50 million to address a persistent pain point for onchain yield investors: liquidity. The firm, which turns institutional return strategies into blockchain-based tokens, closed a Series A funding round led by RRE and Creandum, with backing from firms including Framework Ventures, Franklin Templeton and Coinbase Ventures. The increase comes as institutions

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Polymarket trader takes advantage of UFC blunder, turns $676 into $67,000 in under a minute

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A trader made a nearly 100x return on decentralized betting platform Polymarket in less than a minute, thanks to a blunder by a UFC announcer. In Sunday’s UFC heavyweight bout, Tyrell Fortune beat Marcin Tybura to secure his first UFC win. But the event was not without drama. Cage announcer Bruce Buffer initially read the

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Crypto week ahead

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The last week of March is shaping up to be a volatile one, with the FTX Recovery Trust set to distribute $2.2 billion to creditors on Tuesday and the key US monthly non-farm payrolls statistics due on Friday, when many stock markets worldwide will be closed on Good Friday. The war in the Middle East,

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