As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.
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Bitcoin remains stuck in a tight range, but select altcoins such as SHIB, UNI, OKB and HBAR are attracting buyers.
Bitcoin on-chain data confirms the significance of $30,000 as a point of interest for BTC accumlation.
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react.
In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850. In May, however, 1,397 machines were added back to the global crypto ATM network.
The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking.
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data.
Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.
The $279 million figure is more than all of the whistleblower awards issued for the entirety of 2022, with the SEC dishing out $229 million across 103 awards last year.
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case."