Posted 1 minute ago In ~ Marathon Digital reported mining 2,811 bitcoins during the first quarter of this year, worth about $176 million at current prices, according to its earnings report.During the same period, as the price of Bitcoin reached an all-time high, Marathon Digital’s profits also increased by 184% compared to the same period last year to $337.2 million. Revenues were $165.2 million, up 223% from the first quarter of 2023.“With expanded capacity gained through recent acquisitions, an additional capacity of 45 exahash between current orders and options, and $1.6 billion in liquidity, we now target an active hash…
Author: Crypto Flexs
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Solana did not see buying pressure pick up during the month-long range consolidation. The rejection of $160 highlighted how important resistance levels have been in recent weeks. Solana (SOL) was forced to retreat from the $160 resistance area again. A previous report by AMBCrypto indicated that SOL is likely to retreat into the one-month range unless the price reverses to support the $165-$170 region. Another report pointed out that on-chain activity is also decreasing. This, in turn, reflected a decline in usage and demand for SOL. Therefore, traders can expect the current consolidation to continue. Will we ever see a…
May 9 Bitfinex was the first to list NOT, the native token of Notcoin. Post time: 11:12h From media materials Maria Lobusova Road Town, British Virgin Islands – May 9, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, announced today that it will be one of the first exchanges to list NOT, the native token of the popular Telegram-based game Notcoin. Notcoin is issued on the TON (The Open Network) blockchain. These tokens are called jettons. Notcoin introduces a unique gaming experience that rewards users with tokens for participation. Notcoin gained popularity thanks to its gaming mechanics, which…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportBitcoin mining has become much easier. Should I be worried? Data from BTC.com show that bitcoin Yesterday mining difficulty decreased by almost 6% to 83.1 trillion hashes. Higher mining difficulty is measured through the energy and resources mined. mine worker Used to maintain network security. Bitcoin becomes more difficult to attack.Therefore, lowering the difficulty level is not a good sign. But that’s expected to be the case, at least in…
Tron price is rising above the $0.1220 resistance level against the US dollar. TRX may outperform Bitcoin and rise further above $0.1250. Tron is rising above the $0.120 resistance level against the US dollar. The price is trading above $0.1220 and the 100 simple moving average (4-hours). On the 4-hours chart of the TRX/USD pair (data source from Kraken), a breakout occurred above the main bearish trendline with resistance at $0.120. The pair may continue to rise to $0.1275 or even $0.1320. Tron price is showing strength again. Recently, Bitcoin and Ethereum saw new declines, falling below $63,500 and $3,100,…
SEC Files Final Response Defending Injunction Against RippleThe ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical milestone with the SEC filing its final response in the lawsuit relief phase. This marks a significant development in a case that has been closely watched by the global cryptocurrency community and financial regulators.Key takeaways from SEC’s final responseIn a recently filed report, the SEC refutes Ripple’s claims that the blockchain company acted recklessly and asserts that “widespread uncertainty” remains regarding the legal status of XRP. This stance comes despite the court previously rejecting…
Bitcoin (BTC) price has fallen 1.85% over the past 24 hours and is currently trading 17% below its all-time high of $73,835 hit on March 14.BTC/USD daily chart. source: TradingViewDespite this performance, technical setup, whale activity and on-chain data show that Bitcoin traders believe a trend reversal to the news high could occur.Bitcoin price retests key support areaBitcoin price has fluctuated between $60,648 and $62,800 over the past 24 hours, according to data from Cointelegraph Markets Pro and TradingView. Bitcoin’s monthly chart shows that the current price range is retesting the area that served as resistance when BTC hit its…
Trump-themed memecoin MAGA (TRUMP) soared 78% on May 9 following Republican presidential candidate Donald Trump’s comments about cryptocurrencies. MAGA is trading at $6, up 46% in the last 24 hours, according to data from Cointelegraph Markets Pro and TradingView. TRUMP/USD daily chart. source: TradingView24-hour trading volume increased 620% to $281.8 million, and with a market capitalization of $281.8 million, TRUMP ranked 248th on CoinGecko. At the time of publication, the token was the 13th largest memecoin by market capitalization.MAGA refers to “Make America Great Again,” a political slogan popularized by President Trump.Other politically connected tokens also rallied on May 9,…
Two different encodings are used for Bitcoin addresses. The default Segwit address is encoded using Bech32(m) encoding. Bech32 uses 32 symbols. 023456789acdefghjklmnpqrstuvwxyz Encode data. The mainnet Bitcoin default SegWit address begins with a human-readable portion. bc And the separator 1. The prefix is different on the test network. All previous addresses use Base58. Base58 uses the numbers 1 through 9 (except 0) and all uppercase and lowercase English letters except uppercase O, uppercase I, and lowercase l. 0 and Ofurthermore I and l It’s easy to get confused with so many fonts. That leaves 58 symbols. _123456789ABCDEFGH_JKLMN_PQRSTUVWXYZabcdefghijk_mnopqrstuvwxyz. (The omitted parts…
Our weekly news roundup from East Asia selects the most important developments in the industry. Binance is once again under investigation. Cryptocurrency exchange Binance has been accused of firing its own investigators after discovering that its VIP client, prop trading firm DWF Labs, was involved in alleged market manipulation. According to a May 9 Wall Street Journal report, DWF Labs engaged in market manipulation, wash trading, and inflated trading volumes worth $300 million through its dealings with cryptocurrency projects. After the exchange’s surveillance team recommended offboarding customers, Binance reportedly sided with DWF Labs and fired the investigator, claiming there was…