Bitcoin difficulty just plunged 11% but a projected rebound next week may decide miners’ fate
The biggest drop since 2021 is backward-looking, and CoinWarz’s projected 12% snapback will confirm if miners are returning.
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Bitcoin's mining difficulty just cratered 11%, its biggest plunge since 2021, with a projected 12% rebound next week that could seal miners' fates, Cardano unlocks a potential $80B omnichain asset pipeline via LayerZero without touching its core, and Binance faces "bank run" whispers after a $40B reserves drop, even as its BTC stash swells to 655k. Dive into the full stories below.
The global crypto market cap is $2.36 trillion, with a 24-hour volume of $102.5 billion. The price of Bitcoin is $69,113.67, and BTC market dominance is 58.5%. The price of Ethereum is $2,068.45, and ETH market dominance is 10.5%. The best-performing sector is Cannabis, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (9).
📰 Top News
Bitcoin difficulty just plunged 11% but a projected rebound next week may decide miners’ fate
The biggest drop since 2021 is backward-looking, and CoinWarz’s projected 12% snapback will confirm if miners are returning.
New Cardano deal opens a path to $80 billion in omnichain assets, but liquidity still isn’t guaranteed
By leveraging LayerZero’s cross-chain messaging, Cardano seeks to expand its DeFi ecosystem without altering its core architecture.
Binance bank run? Reserves show a $40B drop yet Bitcoin holdings rose to 655k BTC, so what changed?
Binance over-collateralization narrative aims to distance itself from traditional financial practices amidst rumors.
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