Bitcoin Hashrate Reaches New All-Time High Despite Price Slump
According to BTC-ECHO, the leading German-language medium for Bitcoin and blockchain since 2014, the Bitcoin hashrate has reached a new all-time high of 742 exahashes per second (EH/s). This comes at a time when the Bitcoin price is around $56,335, having fallen 4.5% in the last 24 hours. The rising hashrate indicates increased network security but also puts pressure on the mining industry.
DAX Under Increasing Pressure – Commerzbank, SAP, and Others Affected
DER AKTIONÄR TV reports on the current stock market situation: The DAX remains under significant pressure. Individual stocks such as Commerzbank, SAP, as well as companies from other sectors like Cleanspark and Nvidia are also affected. Marco Uome provides detailed information on the market situation.
Whales Increasingly Buying Bitcoin – Wallets with More Than 100 BTC Reach Peak
Cointelegraph Germany reports a significant increase in the number of wallets with at least 100 Bitcoins to a 17-month high. Data from blockchain analytics platform Santiment shows a net increase of over 283 such wallets in August alone. This development suggests that large investors continue to have confidence in Bitcoin.
Crypto Regulation: Uncertainty Over Kamala Harris' Stance on Cryptocurrencies
Finanzen.net highlights the unclear position of Kamala Harris regarding cryptocurrencies in the context of her potential victory in the upcoming US presidential elections. While Donald Trump has clearly positioned himself as pro-crypto, Harris remains reserved in her statements on crypto regulation.
"Saletember": September Has Rarely Been Good for Bitcoin
Trending Topics SEE analyzes historical trends and finds that the month of September has traditionally not been a good month for Bitcoin investments. This year, the price fell again significantly; within a day, the entire crypto market lost about four percent of its market capitalization.
Advanced Blockchain Invests $50k USD in Silencio Network to Capture Global Noise Data
According to a report by 4investors, Advanced Blockchain has made an investment of $50k USD. This participation includes a share of 0.125% of the total token supply as well as an unspecified capital stake. The Silencio Network uses blockchain technology to collect global noise data and is part of the Decentralized Physical Infrastructure Networks (DePIN) sector. The platform offers incentives for users to collect and submit data on noise pollution. COO Hatem Elsayed emphasizes the innovative nature of this investment in the DePIN sector.
Dwinity Opens Up New Possibilities for Predictive AI: According to a report on wallstreet:online, Dwinity enables consumers and organizations to securely and anonymously store and use sensitive data. The test phase has been available since August. Dwinity's ecosystem is based on decentralized data storage using blockchain technology, which aims to provide high-quality data for developing trustworthy AI applications. An official market launch is planned for Q4 2024.
Cardano: Is Blockchain Democracy for All? FXStreet Germany critically questions whether Cardano's recent Cheng-Hard Fork truly promotes democratic participation or merely leaves room for ADA holders. Despite promises of a self-governed future, power might still lie with a few large investors. The goal of creating a decentralized paradise with fairly distributed power in the community seems difficult to achieve.
DEX Trading Down: The Binance Ecosystem Shows Cracks: According to BTC-ECHO, the trading volume on decentralized exchanges in the BNB Chain has dropped sharply by almost 30% within seven days, according to Defillama data. In comparison, Ethereum's volume dropped by only eleven percent. The number of active addresses also fell by eighteen percent, according to Dappradar reports. Meanwhile, Solana has overtaken Binance in Total Value Locked (TVL). Despite this, the price of Binance Coin rose by six percent compared to the previous day.
Sources:
- Bitcoin-Hashrate erreicht neues Allzeithoch trotz Kursflaute
- Advanced Blockchain investiert 50.000 USD in Silencio Network zur Erfassung globaler Lärmdaten
- Bitcoin und Ethereum: September-Kursprognose im Fokus
- Ripple (XRP): XRP-Ledger bekommt Smart Contracts
- Bitcoin-Hashrate erreicht neues Allzeithoch trotz Kursverlust
- September könnte entscheidend für Bitcoin und Ethereum werden
