1. Home
  2. Price Fluctuations

Price Fluctuations

Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits

Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s ProfitsWith the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard […]

Bitcoin Bull Market May Drive Russian Miners Underground

Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race Withdrawal

Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race WithdrawalOn July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A Solana-based meme token called kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the Biden family saw a steep decline. This dramatic volatility followed Joe Biden’s announcement that he would be […]

Bitcoin Bull Market May Drive Russian Miners Underground

BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert

BUSD Redemptions Soar Near 0 Million in 8 Hours After NYDFS Consumer AlertBefore Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]

Bitcoin Bull Market May Drive Russian Miners Underground

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder ConcentrationAfter the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and […]

Bitcoin Bull Market May Drive Russian Miners Underground

BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin

BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own BitcoinThis week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin, and “most Canadians are aware of bitcoin.” Bank of Canada’s Financial System Review Highlights […]

Bitcoin Bull Market May Drive Russian Miners Underground