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US Share of World Economy Projected to Reach Historic Low
13.10.2024
The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share...
Historic Uptober is here; what coins are whales buying?
2.10.2024
Historically, the last three months of the year have always worked well for the crypto industry. Investors look…
Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election
30.9.2024
Binance Bags Historic $100 Trillion Milestone in All-Time Trade Volume
24.9.2024
Binance has announced a historic milestone, achieving an all-time trade volume of $100 trillion earlier this month. The…
Concord Director Steps Down As Studio Behind Historic PlayStation Flop Waits For Sony's Decision
19.9.2024
It’s been two weeks since Sony announced it was taking the unprecedented step of unreleasing Concord and almost as long since the ill-fated, sci-fi hero shooter was officially taken offline. In the time since, Kotaku understands that developers at Firewalk Studios have been in limbo about their...
Bitcoin set for 3-month historic rally as analysts eye $92K BTC
15.9.2024
According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up
Bitcoin set for 3-month historic rally as analysts eye $92K BTC
15.9.2024
According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up
Nvidia posts historic one-day loss after US antitrust subpoena
4.9.2024
US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed.
US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery
8.8.2024
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this...
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
7.8.2024
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
4.8.2024
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin...
Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks
2.8.2024
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and...
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
31.7.2024
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching...
Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
27.7.2024
Based on the present rate of outflows, ETHE's ether reserves may be exhausted in a relatively short timeframe, potentially within weeks
Grayscale Ethereum Trust ETF net outflows hit $1.5B
27.7.2024
Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks
Grayscale Ethereum Trust ETF net outflows hit $1.5B
27.7.2024
Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks
Salvadoran Basic Goods Basket Rose to Historic Highs in June
26.7.2024
The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action...
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...
MakerDAO and Sherlock team up for historic $1.35M security audit contest
25.6.2024
MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase
Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment
21.6.2024
Dismal bitcoin price action has apparently caused crowd sentiment for four straight weeks, a sign that may spell relief for bulls in the near term