Bitcoin's mining difficulty increased by 1.72% to nearly 139 trillion at block height 951552, while the network's hashrate surpassed 1 zettahash per second (ZH/s), reaching 1.02 ZH/s. Despite a 13.56% drop in hashprice squeezing miner profits, miners continue to expand computational power. Industry experts note a shift as miners diversify into energy infrastructure, grid balancing, and decarbonization, suggesting Bitcoin mining is evolving beyond pure hashpower. The next difficulty adjustment is expected around June 12, potentially increasing pressure on miners amid tighter margins.
Eikon Therapeutics presented updated clinical data at the 2026 ASCO meeting showing encouraging results for its EIK1001 drug in first-line treatment of stage 4 non-small cell lung cancer (NSCLC), with a 63.1% response rate and good tolerability. The ...
Solana (SOL) trades near $82 despite over $1 billion in cumulative inflows into spot ETFs, signaling strong institutional demand. However, technical resistance around $83 and $88-$90, combined with elevated volatility and macroeconomic uncertainties,...
Bitcoin has dropped over 16% this quarter but remains up 7%, contrasting with a 56% drop in Q2 2022. Analysts note that many underwater holdings come from investors in U.S. Spot Bitcoin ETFs at high cost bases, and long-term holders are accumulating ...
XRP is struggling to recover its price despite positive catalysts like spot ETF inflows and easing U.S. regulatory issues. The token trades around $1.34, down 26% year-to-date and 63% below its peak last year. Institutional demand is growing, with fi...
If Ethereum (ETH) drops below $1,925 and stays there, it could trigger $623 million in forced long liquidations on major centralized exchanges. This level is critical because many leveraged traders have liquidation prices clustered around $1,925, mea...
