946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
At block height 901,152 on Friday, the Bitcoin network logged its 12th difficulty adjustment of the year, slipping a slight 0.45%, which lowered the difficulty to 126.41 trillion. The next day, Saturday, miners pushed the network’s computational power to yet another peak, eclipsing the previous high recorded last month. Difficulty Drops, Hashrate Soars, but Miners […]
Welcome to CoinFeedPro
Latest crypto news from key platforms. All in one place.
Todays Sentiment
Bullish
Latest news
Here’s Why The Dogecoin And Shiba Inu Price Crashed Over 10%
The Dogecoin and Shiba Inu prices have recorded significant losses this week, sparking a bearish sentiment towards the top meme coins. This price crash has come amid geopolitical tensions in the Middle East between Israel and Iran. Why The Dogecoin And Shiba Inu Price Crashed CoinMarketCap data shows that the Dogecoin and Shiba Inu prices […]
- NEWSBTC
Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields — Analyst
Over the past few weeks, the Bitcoin price has maintained a somewhat healthy momentum, forging minor swing highs and lows in its bull run revival. Interestingly, this early-week upward movement has been corrected following the escalating conflict between Israel and Iran. All in all, the overall positive outlook for the premier cryptocurrency has remained, even though it has been observed to be against historical perspective. An on-chain analyst on social media platform X has delved into this strange phenomenon in the BTC market and the possible reasons behind it. Bitcoin’s Historical Correlations With Macro Instruments In a recent post on the X platform, an on-chain analyst with the pseudonym Darkfost broke down what, until recently, used to be conventional expectations in the Bitcoin market relative to broader macroeconomics. The crypto pundit mentioned that investors consider key indicators when trying to decipher what institutional sentiments and the broader state of global liquidity may be like. Related Reading: Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold? The key indicators investors highlighted in this analysis include the US Dollar Index (DXY), which measures the value of the US dollar against a basket of major foreign currencies, and the US Treasury Yields, which basically represent the return investors earn on United States government bonds. According to Darkfost, the above chart illustrates a well-known macro principle: when both the DXY and bond yields are on the rise, capital tends to flee risk assets (one of which is Bitcoin). As a result, the premier cryptocurrency becomes susceptible to corrective movements. According to the on-chain analyst, this principle is backed by historical trends, as bear markets in crypto have coincided with strong uptrends in both yields and the DXY. On the other hand, when there is a loss of momentum in DXY and yields, investor appetite tends to shift towards risk. The reason for this, Darkfost explained, could be expectations of Federal Reserve rate cuts, which fuel bullish sentiment across crypto markets. BTC Breaks Conventional Macro Logic In the post on X, Darkfost then went on to point out that the current BTC cycle has been unusual. The online pundit reported that there has been a decoupling between the Bitcoin price and bond yields, which manifests as a seeming annulment of the usual macro principles. The analyst noted that the Bitcoin price continues to maintain its upward movement, despite yields reaching some of their highest levels in Bitcoin’s history. But this holds, he was sure to note, when the DXY declines. Related Reading: Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000 What this anomaly suggests, Darkfost inferred, is that Bitcoin has taken on a new role within the macro landscape, one that increases its perception as a store of value. To take it further, this means that BTC, as of now, may react a little less conventionally to the macro forces believed to influence the crypto market. As of this writing, the Bitcoin price sits just beneath $106,000, reflecting an almost 2% jump in the past 24 hours. Featured image from iStock, chart from TradingView
Solana’s Best Meme Coin Picks and Time-Sensitive Presale Opportunities Amid ETF Hype According to Neo Pepe
This content is provided by a sponsor. Solana ETF filings spark renewed investor interest across meme coin markets Three Solana-native tokens showing strength as ETF momentum builds Five early-stage presales drawing serious attention for their unique positioning One presale—hidden in plain sight—reveals a DAO-powered roadmap that’s turning heads Key takeaways on whether the smarter play […]
Public Filing Shows Trump Raked in $57M in Digital Asset Related Profits
Donald Trump reported tens of millions in income for 2024, including over $57 million tied to cryptocurrencies, according to his newly filed 2025 public financial disclosure. Trump Cashes In Big on Crypto and Name-Related Licensing Deals On June 13, U.S. President Donald Trump submitted his 2025 annual financial disclosure to the U.S. Office of Government […]
Snorter Token Presale Reaches $1M in One Month: Best Trading Bot for Meme Degens
The Snorter Token ($SNORT) presale just reached $1M in little over a month, and the score keeps going up, with investors raring for a piece. Snorter Token promotes the Snorter Bot, a Solana-based auto-trading bot that operates in a Telegram chat. But why are people so excited about it? The answer lies in how the […]