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Bitcoin Network Hash Rate Reaches All-Time High, Surpassing 1000 EH/s

2 days ago

On April 17th, according to CloverPool data, the total network hash rate of Bitcoin once exceeded 1000 EH/s, reaching a record high. It is currently reported at 893 EH/s; the current seven-day moving average hash rate of the network is 888.85 EH/s. Although the growth of Bitcoin's hash rate indicates an improvement in network security, it also means that the cost of mining 1 Bitcoin is increasing. Combined with the expected block reward reduction in 2024, the growth in hash rate may lead to the consolidation among small mining companies.
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Key Transaction Data: MOVE Index Continues to Decline to 114

On April 19th, based on market information, the MOVE Index has been continuously declining since this Monday and has now dropped to 114.64, which is far from the 140-point threshold proposed by Arthur Hayes for the Fed's liquidity injection. Before this news, Arthur Hayes stated that if the MOVE Index falls below 140, the Fed may resume liquidity injection.

19 minutes ago

Past 24 hours CEX Spot Flow In/Out Ranking: ETH Net Inflow $33.84 million, BTC Net Outflow $162 million

On April 19th, based on Coinglass data, the top CEX cryptocurrency spot net inflows in the past 24 hours are as follows: There is a net inflow of $33.84 million for ETH; There is a net inflow of $31.96 million for USDC; There is a net inflow of $9.59 million for TRUMP. Regarding outflows: There is a net outflow of $162 million for BTC; There is a net outflow of $97.16 million for SOL; There is a net outflow of $17.71 million for XRP.

19 minutes ago

Bitcoin Breaks $85,000

On April 19th, according to HTX market data, Bitcoin has exceeded $85,000 and is currently trading at $85,157.

19 minutes ago

An address transferred 7,488 ETH to FalconX after being dormant for nearly 2 years.

On April 19th, as per the monitoring of Onchain Lens, a whale address transferred 7,488 ETH (valued at approximately $11.92 million) to FalconX after being dormant for 1.8 years. This address still holds 10,322 ETH, which is equivalent to around $16.48 million at the current price.

19 minutes ago

Meme Coin Market: LUCE, MANEKI, AIDOGE Plunge Over 60% in Synced Market Sell-Off

On April 19th, based on market data, around 2:30 AM Beijing time today, the market once again witnessed simultaneous sharp declines in several Meme coins. These include: LUCE fell by approximately 80%, with its market capitalization dropping to $10.43 million. AIDOGE fell by around 60%, and its market capitalization dropped to $23.88 million. MANEKI fell by about 63%, with its market capitalization dropping to $16.05 million. JELLYJELLY fell by approximately 35%, and its market capitalization dropped to $10.04 million.

19 minutes ago

A whale address previously had an unrealized gain of $5.2 million in LUCE, which had not been realized through a sale. Currently, it has an unrealized loss of $335,000.

On April 19th, as per the monitoring of LookOnChain, a Meme trader address purchased 19.14 million LUCE tokens six months ago at a price of $0.0275 and has been holding them ever since. It achieved a peak unrealized gain of more than $5.2 million. Subsequently, LUCE experienced a decline of over 70% and is currently facing an unrealized loss of $335,000.

19 minutes ago

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