Since August 2024, the difficulty of mining bitcoin has risen significantly, with a quarterly increase of 24%.
The monthly rate of industrial output in the euro zone recorded -2% in September, the largest decrease since January 2024.
The average hourly wage in the United States recorded an annual rate of 4% in September, the highest since May 2024.
Bitcoin transaction fees have been exhibiting a pattern of volatility since the beginning of 2024, with significant spikes around major events. The most prominent spike occurred in April, in connection with the Bitcoin halving event. During this time, transaction fees briefly spiked above 1,200 BTC, highlighting the increased demand for the network during this critical period. After the halving, fees...
According to a recent report from Matrixport, since March 2024, bitcoin spot ETF buyers have been strictly following a buy-the-dip, wait-and-see strategy. As the 13F quarterly reporting period begins today, funds investing more than $100 million in U.S. stocks will begin to disclose. We may find that more pension funds and asset managers increased their holdings of bitcoin ETFs in the second quarter, which may boost institutional investor confidence.