The CoinShares Bitcoin Mining ETF (WGMI) surged 52% in one week, significantly outperforming spot Bitcoin. Launched in 2022 and focusing on companies involved in Bitcoin mining, the fund benefits from rising Bitcoin prices which boost miner profits despite halving events. However, it carries unique risks like regulatory challenges and operational costs. Investors should note WGMI offers a leveraged equity play on Bitcoin infrastructure, distinct from holding Bitcoin directly.
Zcash is developing new technology to increase its shielded transaction capacity from 3-20 TPS to up to 50,000 TPS, comparable to Visa's network. This effort involves Project Tachyon and the NU7 upgrade, which have already shown promising testnet res...
Zcash has released Zakura, a new full node software designed to scale its privacy-focused blockchain to handle transaction speeds comparable to Visa and Mastercard, targeting over 50,000 transactions per second. Zakura is a pruned, fast-syncing fork ...
Hyperliquid (HYPE) has overtaken XRP in the crypto futures market, now holding the fourth largest open interest at $1.45 billion, compared to XRP's $1.12 billion. This shift indicates growing trader interest in Hyperliquid's derivatives despite a sli...
Shiba Inu's Layer 2 blockchain, Shibarium, experienced a 216% increase in daily transactions over the weekend, rising from 939 to 2,960 transactions. This surge follows earlier spikes in the month, suggesting growing user activity and potential momen...
Bitcoin's short-term holder cost basis recently dropped below the adjusted long-term holder level, a pattern historically seen near the end of bear markets. This crossover suggests newer buyers are entering at lower prices than long-term holders, ind...
