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In today’s crypto news:
- The crypto market is red today
- Eigenlayer completes the protocol and launches thrashing
- nodeops launches a network-wide staking hub
- North American miners show sustainable infrastructure investment despite obstacles
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The crypto market is red today
Today the market has turned slightly red.
Over the past 24 hours, global cryptocurrencies’ market capitalization has dropped another 1.9%, currently at $2.76 trillion.
At the time of writing, daily crypto trading volumes are $84.2 billion, continuing the low streaks we’ve noticed over the past few days.
Currently, about half of the top 100 coins per market capitalization are green. The best performer is Bitensar (Tao)which increased 11.6% to the price of $262. Continued after that Artificial Supervisor Alliance (FET)rose 8.9% to $0.5114.
Regarding the red coin, fartcoin (fartcoin) We reduced it from 13.3% to $0.7645. It is the only coin with double digit drops. The second highest reduction on this list is: Mantle (MNT) ‘ It is currently trading at 5.1%, at $0.6662.
In the top 10 coin categories, four coins have increased, and four coins have decreased over the past day (not taking into account stub coins).
The best performer is Solana (Sol)up 1.2% to $134. The rest of the green list is up 0.1% to 0.7%.
at the same time, Tron (TRX) The most dropped in the past day: 1.9% to $0.2432. XRP (XRP) The rest is below 0.5%, while the rest is down 1.2%.
meanwhile, Bitcoin (BTC) and Ethereum (eth) As they remained the same in the past, they are now changing their hands at $84,539 and $1,589 respectively.
North American miners show sustainable infrastructure investment despite obstacles
public Bitcoin Miner It currently operates a total of 7.4 gigawatts (GW). This is a marked increase from the end of 2023 at 5.42 Golden Week.
This is according to Theminermag’s latest North American Bitcoin Mining Map, as quoted in the latest Miner Weekly report. Blocksbridge Consulting.
The report points out that this concentration remains in Texas, USA. It currently hosts 3.85 GW of mining capabilities from just eight public mining companies. However, this figure does not include private or public operations. Canan, Cangoor Bitfufu It does not disclose state-level power collapse.
Other top mining states include Georgia (703 MW) and New York (546 MW), according to the map.
“This expansion shows sustainable infrastructure investment,” the analyst said, “despite the low level of Bitcoin hashprice covering and post-harving block subsidies and transaction fees keep profitable.”
That said, the industry is now shaped by “two convergence forces.” AI infrastructure demands and US trade tariffs. Some large mining companies including Core Scientificreassigning some of the mining capabilities of high-performance computing (HPC) services tailored to AI workloads, the report says.
Furthermore, researchers say the decline in Bitcoin hashprice and the intensifying competition from the AI space could disrupt the growth of Bitcoin mining power capacity in North America.
“As demand for AI continues to surge and power-intensive training models increase, the next step in the game is probably how to reevaluate mining infrastructure as a competitive asset in the broader data infrastructure economy,” they conclude.
nodeops launches a network-wide staking hub
Decentralized Infrastructure Platform nodeops I started that Staking hubA new feature that simplifies participation in the network of proofs and earn rewards.
According to a press release, the staking hub provides a seamless interface for staking tokens across multiple blockchain networks. The first will provide support for two tokens. Hype Above High lipid test net and beam Above Beam main net.
Additionally, it shows the debut of the staking hub launch stakedropNodeops’ staking incentive program. By staking nodeops, users receive dual incentives: native tokens node and stnodenode points that can be converted to post-campaign nodes.
Additionally, staking hubs allow users to delegate tokens directly to Nodeops validators in just a few steps without infrastructure setup or technical overhead.
“The staking hub is designed to remove friction and allow anyone to access distributed staking,” said Naman Kabra, co-founder of Nodeops.
Additionally, as per the announcement, important partners include Eigenlayer, 0G Lab, ah, carv, off-chain lab, polygon, Movement Lab, Availableand fuel.
nodeops, meanwhile, is an AI-driven, depin orchestration layer with an expansion suite of products with node tokens that include node OPES networks, clouds, consoles, staking hubs, and incoming agent terminals.
Eigenlayer completes the protocol and launches thrashing
Indigenous Research Institute Thrashing has been implemented Eigenlayer Main Net Layer-specific protocol.
According to a press release, Eigenlayer is currently one of the few proof systems that can be completely safe with live thrashing.
The team says the upgrade will provide stronger security for Autonomous Verifiable Services (AVS) designs. “Unlocking the possibilities of transformative and verifiable applications backed by economic guarantees.”
This means that AVSS can design customized performance conditions. Operators can choose these criteria and will earn rewards if they meet them. Otherwise, they are facing penalties.
Additionally, the upgrade introduces several features specific to Eigenlayer that allow operators to isolate risk and enhance security assurances. These include unique stake allocations and operator sets.
The former ensures that only one AVS can reduce the stock of an individual operator, while the latter provides AVSS tools to organize operators into groups based on risk tolerance and ability.
Released a year ago, Eigenlayer currently covers over 190 AVS, with 40 people performing live on the main net. layerzero and infrastructure. Additionally, more than 80,000 rest areas contribute to more than $7 billion in shared security for the Eigenlayer protocol.
Meanwhile, the upgrade follows a successful testnet phase that includes a $2.5 million bug bounty program with Cantina, which has processed over 800 submissions.
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Post What’s going on with Crypto today? Daily Crypto News Digest first appeared on Cryptonews.
