China persists as Bitcoin mining giant despite crypto ban – CryptoQuant
Despite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share.
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The global crypto market cap is $2.22 trillion, with a 24-hour volume of $69.72 billion. The price of Bitcoin is $63,239.76, and BTC market dominance is 56.3%. The price of Ethereum is $2,617.62, and ETH market dominance is 14.2%. The best-performing sector is eCommerce, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (54).
📰 Top News
China persists as Bitcoin mining giant despite crypto ban – CryptoQuant
Despite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share.
Telegram to share IP addresses, phone numbers with authorities after policy shift
Telegram's new policy aims to address criticism from authorities over unresponsiveness in criminal cases.
SEC Gensler’s crypto crackdown under scrutiny as he testifies before Congress
The Hearing Memorandum spotlighted how the Gensler-led agency has aggressively pursued crypto industry.
Bitcoin could continue to consolidate under $65,200 in the near term – Bitfinex
The recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume.
📈 Latest Insights
Crypto ETFs see mixed flows as Grayscale GBTC outflows hit $40.3 million, ETHE loses $80.6 million
Bitcoin derivatives market shows immense growth potential, dwarfed 279x by traditional counterparts
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Cool news now talk about how FBI found the crypto jakers