On Monday afternoon, Solana (SOL) experienced an impressive price rally. This pump occurred just before the anticipated launch of the first U.S. staked crypto ETF scheduled for Wednesday. This groundbreaking new financial product will help investors gain exposure to Solana (SOL) while earning yield by staking. The successful launch follows...
No one is doubting that IREN hitting 50 EH/s is an impressive accomplishment. Their reported $41,000 all-in cost per Bitcoin? Eye-catching. But hold on, before we all start popping the champagne. That number can start to look like a badge of honor. Instead, it shows the extent of existing vulnerabilities...
IREN Limited surpassed 50 EH/s mining capacity recently, an incredible milestone in and of itself. 50x growth in 30 months? In fact, that’s not merely a climb, it’s a freakin’ rocket launch. They’re even getting it mostly right, claiming very low production costs of only $41,000 to produce each Bitcoin....
The Bitcoin mining landscape is a razor thin competitive arena where efficiency, scale, and real cost management are key. Today, IREN is the driving force of the Congolese mining industry. To date, they have built out a remarkable 50 EH/s of mining capacity, with an equally impressive $41,000 Bitcoin production...
Get ready, riders, because we’re taking this trip exponential. The introduction of the first US-based staking ETF for Solana (SOL) is causing a stir. No, it’s not a typical click bait headline, it’s the Altcoin Summer starting gun! Why am I so hyped? Let's dive in.Door Opens Wider for AltcoinsThe...
So, you're thinking about mining Dogecoin, huh? You’ve read the memes, perhaps even dreamed about hitting it big on the blockchain. I get it. The promise of “easy money” is always enticing, and that’s certainly the case in the crypto space. But before you boot up your laptop to enlist...
To anyone who has made crypto their life’s work, the allure of the mine runs strong. This process consists of confirming transactions and creating new blocks to a blockchain. With so many cryptocurrencies available, KnowingCoin.com helps its readers navigate the complexities of the digital currency landscape, offering insights and tools...
Robinhood is aggressively expanding its services, introducing both staking options for Ethereum and Solana, and a new platform for trading tokenized assets. This step occurs just as companies like BlockFi continue to have regulatory action enforced upon them by the SEC for similar offerings. Robinhood’s new Layer 2 blockchain on...
Robinhood's diving headfirst into the tokenized asset pool, and everyone's talking about it. In the US specifically, staking ETH and SOL is becoming particularly popular. Europe is teeming with tokimizde equities and ETFs, not to mention rumored talk of OpenAI and SpaceX tokens. So before we get carried away in...
Robinhood democratized stock trading and is at it again today with their innovative offerings. The platform has just recently started to offer tokenized stocks in Europe. It’s debuting staking services in the U.S. That’s a significant move and a stark departure in strategy that could change the game for American...
Binance's rapid ascent in the Ethereum liquid staking market, now commanding 20% through wBETH, isn't just another data point. It's a seismic shift demanding our immediate attention. This isn’t an exercise in congratulating one actor for their new market share. This is to help illuminate the potential consequences to the...
Meanwhile, Binance has been taking massive steps in the Ethereum liquid staking market, claiming a dominant 20% market share. This increase is one we should all pay attention to. Let’s take a deep dive into what’s fueling this growth, especially in contrast to incumbents such as Lido. Whether you’re a...
Should we worry that Binance is taking over Ethereum staking? Or perhaps it’s a sign that cryptocurrency is maturing and finally becoming more accessible to the masses. I’m not so sure that’s a dystopian future of centralized control. In reality, it might be the other way around. If nothing else,...
Binance Staked ETH (wBETH) has shaken up the dominance on the Ethereum liquid staking market. In fact, it currently enjoys a whopping 20% of the overall market share. Much of this growth is due to Binance’s large distribution network and easy-to-use platform. The Ethereum liquid staking ecosystem today has more...
The cryptocurrency market is buzzing with activity. Bitcoin is vehemently approaching the $120,000 roadblock, Ethereum is fuming with positive energy, and altcoins establish an expectation of fortuitous growth. Pepeto takes the spotlight. Amidst this backdrop, a new meme coin, Pepeto, is capturing the attention of investors. This article explores the...
Bitcoin (BTC) is on the move again towards $120,000, aided by a steady influx of institutional investment, positive macroeconomic trends, and robust technicals. At present, BTC holds a 63.38% market dominance, highlighting its continued stronghold over the cryptocurrency industry.Standard Chartered has recently begun spot BTC and ETH trading for its...
It’s the Wild West of finance, a digital revolution with potential to churn unimaginable wealth. But as with any new frontier, it is full of perils – perils that extend beyond the risk of market crash. Here’s our rundown on the silent killers of crypto investing. These are the deceptively...
The digital asset landscape is experiencing a monumental change. Ethereum (ETH) seems to be leading the charge of this trend, leading some to speculate that an “altcoin season” has finally arrived. Bitcoin may be king, but he’s losing his dominance with every moment that passes as ETH climbs above $3,000...