A joint study by ARK Invest and Glassnode found Bitcoin's mining power is concentrated in three pools surpassing 51% hash rate, but independent miners can switch pools quickly, limiting control. Ethereum requires three staking entities to exceed a 33% stake threshold, with pooled delegation complicating control assumptions. Solana needs 19 validators to cross the same threshold but relies heavily on commercial data centers, posing infrastructure risks. The report ranks Bitcoin as the most decentralized overall due to its dispersed ownership, auditability, and resilient infrastructure, followed by Ethereum and Solana, highlighting different decentralization trade-offs across these blockchains.
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
Bitcoin slipped below $77,000 following a strong 24% gain in August, pressured by concerns over rising US interest rates and higher oil prices due to geopolitical tensions. Other major cryptocurrencies like Ether, XRP, and Solana also declined. The m...
Bitcoin's price is consolidating between $77,000 and $78,000 after a recent rally that pushed it above $80,000. This pause reflects a balance between buyers and sellers amid increased volatility caused by renewed U.S.-Iran tensions, which have pressu...
Bitcoin price dropped below $77,000 following fresh US military strikes on Iranian targets near the Strait of Hormuz, which pushed oil prices above $90 per barrel. This geopolitical escalation led to about $115 million in long crypto position liquida...
Japan's 30-year government bond yield neared a historic high of 4.205%, with the 10-year yield reaching 3% for the first time since 1996, driven by US pressure for rate hikes and a stronger yen. This surge disrupts the yen carry trade, which has fund...
