Record-Breaking Bitcoin Mining Difficulty Skyrockets Over 50 Trillion: Massive Milestone Achieved!
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining Difficulty Jumps 3.4% Higher Data reveals that around 373 exahash per […]
“Digi-Asset ETFs’ Unprecedented Double Whammy: Net Outflows Continue for 2nd Straight Week!”
Digital asset investment products have recorded their second consecutive week of net outflows, with $72 million in withdrawals, as investors brace for the impact of an impending interest rate hike and the continuation of banking turmoil. US regulators recently seized control of the First Republic Bank, heightening market uncertainty. Despite three consecutive weeks of notable […]
Q1 Crypto M&A Market Soars: 3 Unmissable Deals Define Record-Breaking Surge
Three major deals during the first quarter of 2021 have been emblematic of the merger and acquisition (M&A) market’s record-breaking activity in the cryptocurrency sector. According to data from PricewaterhouseCoopers (PwC), the total value of M&A deals in the sector soared to $2.6 billion during the said period. The report reflects the new milestone achieved […]
“BoJ’s JGB Holdings Skyrocket to Unprecedented Record in March – Experts Weigh In!”
As of March 31, the Bank of Japan’s (BoJ) holdings of Japanese government bonds (JGBs) stood at JPY582tn ($4.42tn), suggesting that the central bank’s bond portfolio may have reached “peak size.” Record purchases of JPY136tn were made in the year through March — nearly double the amount in the previous year. The increase in JGBs […]