The Bitcoin hashrate hit 1 zetahash per second; ‘how do people still not get it?’
The Bitcoin hashrate hit 1 zetahash per second; ‘how do people still not get it?’The Bitcoin hashrate has reached a historic all-time high, with miners performing more calculations every second than there are grains of sand on earth.
Happy Monday!Bitcoin mining hit a new milestone as the network’s hashrate surpassed 1 zetahash per second, underscoring growing computational power securing the chain. Meanwhile, institutional holdings of Bitcoin have climbed to 12.3%, signaling sustained demand from large buyers. On the metals front, Russia’s possible move to accumulate silver for its reserves hints at rising interest in the precious metal’s smaller market. Catch up on these stories below. Ad: 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now The global crypto market cap is $3.98 trillion, with a 24-hour volume of $162.27 billion. The price of Bitcoin is $114,568.49, and BTC market dominance is 57.3%. The price of Ethereum is $4,515.66, and ETH market dominance is 13.7%. The best-performing sector is Meme, which gained 2%. The Crypto Fear & Greed Index is currently Neutral (53). 📰 Top News
The Bitcoin hashrate hit 1 zetahash per second; ‘how do people still not get it?’The Bitcoin hashrate has reached a historic all-time high, with miners performing more calculations every second than there are grains of sand on earth. Institutions like Strategy and Metaplanet now hold 12.3% of the total Bitcoin supplyInstitutions now hold 12.3% of all Bitcoin in existence and it's a trend that will likely continue as Bitcoin supply rotates from early holders to institutional buyers. ‘Monumental’: Russia is likely buying silver for its reservesAccording to Gold Telegraph, if Russia is buying silver for its reserves, it could fuel the "tiny market" to even higher heights. 📈 Latest Insights🗞️ More News
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