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The Bitcoin network received a fresh difficulty bump this week at block height 951552, with the protocol dialing things up by 1.72%. Meanwhile, the network’s hashrate kept flexing its muscles, climbing past the 1,000 exahash per second (EH/s), or 1 zettahash per second (ZH/s) threshold. Bitcoin Difficulty Nears 139 Trillion and Sees Industry Transformation Bitcoin’s […]

Stable job growth and unemployment may delay Fed rate cuts, but declining labor participation could signal underlying economic challenges.
The post US jobs report set to reveal solid growth and steady unemployment rate appeared first on Crypto Briefing.

Iran's control over the Hormuz Strait could escalate regional tensions, impacting global oil supply and maritime security dynamics.
The post Iran reasserts control over Hormuz Strait amid US tensions appeared first on Crypto Briefing.

The crypto market seems to be returning to its bearish structure as the year’s second quarter has worn on, with large-cap assets taking most of the hit in the past few weeks. With this grim market backdrop, the XRP token has lost nearly 10% of its value over the last two weeks. What’s interesting is, despite its disappointing recent form, the altcoin is being earmarked as one of the assets overvalued by the market in the moment. According to the latest on-chain data, the XRP token could witness a repricing over the coming weeks. NVT Ratio Climbs 20% In A Single Week In a Quicktake post on the CryptoQuant platform, CryptoOnchain hypothesized that XRP appears to have entered the “overvalued” territory. The market analyst said that the altcoin is exhibiting increasing d...

This trend highlights the evolving real estate market's adaptation to tech wealth, potentially reshaping asset liquidity and investment strategies.
The post San Francisco home accepts OpenAI, Anthropic stock as payment for $2.9M sale appeared first on Crypto Briefing.

An early Ethereum investor has sold roughly $136 million worth of ether and staked-ether tokens over the past week, adding to the selling pressure already weighing on ETH near the $2,000 mark. A Week of Steady Selling The wallet, an early participant holding coins since the network’s first years, sold 55,000 ETH worth about $112.25 […]

SoftBank's investment could transform France into a leading AI hub, boosting Europe's tech landscape but hinges on project execution.
The post SoftBank pledges up to €75B to build Europe’s largest AI facility in France appeared first on Crypto Briefing.

Iran's potential control over the Strait of Hormuz could escalate regional tensions, impacting global trade and U.S. strategic interests.
The post Iran claims draft deal grants control over Strait of Hormuz, $12B asset access appeared first on Crypto Briefing.