Hardware costs usually skyrocket when BTC climbs, but a collapse in daily revenue has forced a historic decoupling.

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	Forwarded this email? Subscribe here for more Bitmain just slashed mining rig prices, proving the market’s oldest “Bitcoin rule” is officially dead Hardware costs usually skyrocket when BTC climbs, but a collapse in daily revenue has forced a historic decoupling. CryptoSlate Dec 29   READ IN APP   Happy Monday! Bitmain slashes mining rig prices, shattering the old Bitcoin rule that hardware costs surge with BTC's rise amid collapsing daily revenues. Coinbase announces an arrest in the $355M insider extortion scheme hitting nearly 70,000 customers, sparking reimbursements and a federal probe into its security teams. Plus, a bold proposal for New Year's Eve timed by Bitcoin block height instead of astronomy promises global unity but risks a tax lottery. Get the latest crypto news highlights below. The global crypto market cap is $2.96 trillion, with a 24-hour volume of $109.46 billion. The price of Bitcoin is $87,731.24, and BTC market dominance is 59.0%. The price of Ethereum is $2,943.04, and ETH market dominance is 11.9%. The best-performing sector is Move-to-Earn, which gained 13%. The Crypto Fear & Greed Index is currently Extreme Fear (24). 📰 Top News Bitmain just slashed mining rig prices, proving the market’s oldest “Bitcoin rule” is officially dead Hardware costs usually skyrocket when BTC climbs, but a collapse in daily revenue has forced a historic decoupling. Coinbase claims arrest in the $355 million insider extortion scheme that targeted nearly 70,000 customers An arrested support agent and a massive bribery plot have forced the exchange to reimburse millions while facing a federal probe into its outsourced security teams. New Year’s Eve based on BTC block time not astronomy – introducing Universal Bitcoin Time Replacing the clock with consensus height turns the year-end into a statistical lottery where “midnight” might arrive days late. 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Learn more about N4T at n4t.io 🗞️ More News Ethereum’s record staking queue looks bullish, but one corporate giant is secretly distorting the real signal 7 reasons to lock in year-end visibility on CryptoSlate 👇 If your company wants meaningful reach in crypto to close 2025 strong, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, cited by The New York Times, Reuters, Harvard Business Review, and more. Coverage where buyers live. Beyond news, our site spans asset profiles and directories of people, products, and companies. Being seen on CryptoSlate builds durable brand authority. Real thought leadership. 500+ contributed pieces from top founders and executives. Many rank in the monthly top 5 by views. Product velocity. 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