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Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%

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Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.

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Coin Market

Solana futures open interest rose by 20% this week: Is $100 SOL next?

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SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

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Coin Market

Bitcoin mining difficulty falls, but projected to rise in next adjustment

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The average block time at publication is about 9.8 minutes, falling slightly short of the 10-minute block target, according to CoinWarz.

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Coin Market

Iran views BTC as a strategic asset, but USDt still dominates oil tolls: BPI

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The Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far.

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