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The Daily: Metaplanet buys more bitcoin, PayPal and Venmo integrate ENS, Core Scientific eyes $30 billion valuation via AI and more
The Daily: Metaplanet buys more bitcoin, PayPal and Venmo integrate ENS, Core Scientific eyes $30 billion valuation via AI and more

Japan’s Metaplanet buys an additional $2 million in bitcoin, raising its total holdings to $26 million.PayPal and Venmo integrate Ethereum Name Service for crypto payments.Core Scientific eyes a $25-$30 billion valuation via new AI data center contracts.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

The Block·2024/09/10 17:45
Bitcoin mining difficulty hits fresh all-time high following record network hash rate
Bitcoin mining difficulty hits fresh all-time high following record network hash rate

Quick Take Bitcoin mining difficulty jumped 3.6% to hit an all-time high of 92.7 trillion on Wednesday. The positive adjustment comes after the Bitcoin network reached a record seven-day moving average hash rate of nearly 694 EH/s on Sunday.

The Block·2024/09/10 16:00
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22-Month Low: Details
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22-Month Low: Details

“Shiba Inu is seeing its retail traders showing tremendous relief,” Santiment stated.

Cryptopotato·2024/09/10 16:00
DEX wars heat up as Uniswap's dominance slips to 36% amid rising competition
DEX wars heat up as Uniswap's dominance slips to 36% amid rising competition

Quick Take The DEX landscape is undergoing some diversification, with Uniswap’s once-dominant market share facing a steady erosion. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2024/09/10 16:00
This Has to Happen for Bitcoin to Soar Past $58K: Santiment
This Has to Happen for Bitcoin to Soar Past $58K: Santiment

Wallets holding less than 1 BTC have seen the highest record in the past seven months. Still, bitcoin’s price fails to impress.

Cryptopotato·2024/09/10 16:00
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