Monthly Bitcoin production drops as miners fight rising hashrate

The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July 2022.According to data from crypto…

Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3.The data stored on blockchains by NFTs may be connected with files that include various forms of media, such as photographs, videos and audio. In certain instances, it can even be related to physical items.…

Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets but thinks crypto firms may not be up to snuff. 241 Total views 52 Total shares Own this piece of history Collect this article as an NFTUnited States Securities and Exchange Commission Chair Gary Gensler has again backed a proposed…

Gary Gensler’s SEC has halted its investigation into whether Ether is a security. What could have motivated the SEC withdrawal, and is the fight over?

Binance.US, United States branch of major cryptocurrency exchange Binance, announced that the opening of accounts registration, scheduled for Wednesday, will not include New York, Washington, Florida and 10 more states.According to the blog post published on Sept. 17, registration will start at 8 a.m. ET on Sept. 18 in most U.S. states, excluding the following:…

French insurance markets can now invest in cryptocurrencies, following the passage of a new law, foreign exchange news agency FXStreet reports April 11.On April 11, the National Assembly of France adopted a bill that is designed to stimulate local business development, including redirecting savings from individuals to businesses, according to local news agency Les Echos.…

The funds gave him the ability to quit his job, which paid $68,000 annually, to stay at home taking care of his son and participate in online discussions about projects related to the memecoin. 827 Total views 15 Total shares A Shiba Inu token holder who invested thousands of dollars in the memecoin in February…