Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave

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Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting 929 exahash per second (EH/s), a horsepower figure that illustrates just how fiercely miners are competing to add the next block. Miners Power Up: Bitcoin Network Reaches Record 929 EH/s Bitcoin’s hashrate surged roughly 3 … Read more

Bullish trend intact despite ongoing correction

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Lam Research (LRCX) remains bullish despite a corrective wave IV. Elliott Wave analysis suggests further upside potential as wave V approaches. Lam Research Corporation (LRCX) shows a strong long-term bullish trend based on Elliott Wave analysis. The multi-decade chart highlights a clear impulsive structure that began in the early 2000s. After finishing a large corrective … Read more

XRP open interest nears monthly high

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⚈ XRP open interest nears monthly high with over 1.5 billion positions on May 8. ⚈ SEC settlement agreement fuels XRP’s price surge to $2.37, up 6.81% in 24 hours. ⚈ XRP targets $2.40 next, with potential range-bound trading between $2.58 and $2.75. XRP open interest, which measures the number of derivatives positions open at … Read more

Solana, Cardano and XRP Whales Flock to XPFinance Presale as Over 10% of Soft Cap Filled in 24 Hours

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This content is provided by a sponsor. The crypto landscape continues to evolve rapidly, and the XRP Ledger is now in sharp focus, thanks to XPFinance, a pioneering decentralized lending and borrowing protocol making waves with its newly launched presale. In just 24 hours, XPFinance’s highly anticipated presale has seen over 10% of its 100,000 … Read more

AI’s GPU obsession blinds us to a cheaper, smarter solution

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Opinion by: Naman Kabra, co-founder and CEO of NodeOps Network Graphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it’s also created a blind spot that’s holding us back. GPUs have earned their reputation. They’re … Read more

Is Bitcoin about to go parabolic? BTC price targets include $160K next

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Key points: Bitcoin continues to attack a key resistance zone below all-time highs. “Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open. Signs of profit-taking are increasing amid the highest prices since January. Bitcoin (BTC) is attracting “parabolic” price targets as bulls continue to hold six figures … Read more

Ethereum’s Pectra Upgrade and Eased Trade Tensions Propel Network to Over 20% Surge

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Ethereum’s recent Pectra upgrade highlights the network’s focus on scalability and user experience, driving a surge in its price amidst easing trade tensions. The upgrade not only marks a significant technical advancement for Ethereum, but also reflects broader market trends influencing cryptocurrency values. According to COINOTAG, Ethereum’s core developers termed the Pectra upgrade as the … Read more

Metaplanet Issues $21 Million In Bonds To Buy More Bitcoin

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Japanese public company Metaplanet announced it will issue $21.25 million in zero-coupon bonds to fund additional Bitcoin purchases. This is the Company’s third bond issuance in just one week, continuing its aggressive Bitcoin accumulation strategy. According to a regulatory filing on Friday, the Tokyo-based Company will issue its 14th Series of Ordinary Bonds to EVO … Read more