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bitcoin network hashrate rises as mining economics face challenges in march

The Bitcoin network hashrate increased by 2 EH/s in early March, averaging 811 EH/s, while U.S.-listed miners maintained a 30% share. Despite this rise, the average Bitcoin price fell by approximately 10%, leading to an 11% drop in daily mining revenue per EH/s compared to February. Overall, the market cap of tracked U.S. miners decreased by 13%, with only Argo Blockchain showing a slight gain.
CoinDesk
Argo Blockchain plc JPMorgan Chase & Co. USA Charles Pearce Reginald Smith
Finance & Economy, Market Report
15:19 17.03.2025

binance partners with circle as us market prospects remain uncertain

Binance's CEO Richard Teng stated that discussions about re-entering the US market are "premature" following the exchange's exit amid a $4.3 billion settlement over regulatory violations. The company is now focusing on global operations and has partnered with Circle to integrate USD Coin (USDC) into its treasury, aiming to strengthen its position in the stablecoin market.In other developments, Microsoft shareholders rejected a proposal to allocate profits to Bitcoin, while JPMorgan raised price targets for several Bitcoin mining stocks. Additionally, Bitwise predicts 2025 will see major crypto IPOs, including Circle and Kraken, as the market anticipates significant growth in Bitcoin's value.
Cointelegraph
Bitwise Bitcoin ETF JPMorgan Chase & Co. Microsoft Corp ARE USA Richard Teng Charles Pearce Reginald Smith Show more
Finance & Economy, Market Report
22:30 13.12.2024
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