Bitcoin's mining difficulty increased by 7.15% on June 26, marking the second-largest rise this year, even as the hashprice—the expected revenue per unit of mining power—fell 18.34% over the past month to $28.68 per PH/s. This difficulty hike makes mining blocks harder despite Bitcoin's price dropping 43% in the past year and sitting 51% below its all-time high. Despite these challenges, the network's hashrate remains strong near 984 EH/s, showing miners are enduring losses while betting on future recovery and BTC accumulation. The mining network continues to adjust difficulty based on block production, reflecting resilience amid price and margin pressures.
In 2026, Bitcoin and gold have become the worst-performing major assets, with Bitcoin down 31% and gold down 6% year-to-date. This simultaneous decline is unusual for these traditional safe havens and is mainly due to a liquidity squeeze caused by th...
Sonic Labs canceled its planned minting of nearly 48 million $S tokens, stopping annual token inflation that would have diluted holders. This decision came after significant leadership departures, including founder Andre Cronje, and a sharp price dec...
Charles Hoskinson, founder of Cardano, reaffirmed his optimistic outlook for the cryptocurrency industry, predicting massive growth and widespread adoption by 2030 despite recent setbacks for Cardano and its ADA token. He envisions a future where blo...
Nobel Prize-winning economist Robert Shiller cautions that fears about AI destroying jobs could become a self-fulfilling prophecy by influencing economic decisions negatively. He highlights historical anxieties about technology replacing workers and ...
Gold, silver, and bitcoin are all declining due to a hawkish Federal Reserve and a stronger U.S. dollar. These assets, often grouped as a 'debasement trade' hedge against currency erosion, are losing appeal as higher interest rates raise real yields,...
