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Bitcoin's network hashrate drops 145 EH/s, marking its first hashrate bear market amid price decline.

Market News
07 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

Bitcoin's network hashrate fell sharply by 145 exahash per second since late May, dropping from 1,030 EH/s to 885 EH/s as prices slid to levels not seen since February. This decline, described by Elektron Energy's CEO as Bitcoin's first hashrate bear market, reflects mining rigs shutting down due to reduced profitability, with hashprice dropping nearly 27% in 30 days. The network's mining difficulty is expected to decrease by about 10.76% soon, as block times have lengthened beyond the 10-minute target. A bigger concern long-term is the stagnant transaction fee market, which currently contributes less than 1% of miner rewards, posing challenges as block subsidies continue to halve every four years.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

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Market News
Bullish
4 hours ago
UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

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Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...

Market News
Bullish
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Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...

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Bullish
4 hours ago
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