Author: Kryptonews

The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16% in the last 24 hours, the worst drop in a single adjustment period since China’s 2021 ban on crypto mining.Bitcoin mining difficulty is at 125.86 T and took effect at block 935,429, data from CoinWarz shows. The average block time is over 11 minutes, overshooting the 10-minute target.Difficulty is projected to fall again in the next adjustment on February 23 by about 10.4% to 112.7 T, according to CoinWarz. The Bitcoin network mining difficulty from 2014…

Chinese regulators have moved to tighten control over digital assets, banning the unauthorized issuance of yuan-pegged stablecoins overseas and extending restrictions to tokenized real-world assets linked to the country’s currency. Key Takeaways: China banned unauthorized yuan-pegged stablecoins and related tokenized assets to protect monetary sovereignty. Authorities reaffirmed crypto payment prohibitions while promoting the state-backed digital yuan. Japan and Hong Kong are moving toward regulated stablecoin markets, highlighting a regional policy divide. In a joint statement released Friday, the People’s Bank of China (PBOC) and seven government agencies said individuals and companies, domestic or foreign, may not issue renminbi-linked stablecoins without…

One of the seven wonders of the ancient world, according to traditional lists, the Lighthouse of Alexandria once loomed over the Mediterranean city’s harbor during Egypt’s Hellenistic age. At 460 feet tall, it was second only to the Great Pyramid of Gaza in height. The lighthouse, also known as the Pharos of Alexandria, was commissioned by Ptolemy I Soter (c. 367–283 B.C.), a Macedonian Greek general under Alexander the Great who became pharaoh of Egypt; it was seen to completion by his son and successor, Ptolemy II Philadelphus. During the Ptolomaic dynasty, which lasted 300 years, Alexandria was a center…

Nasdaq-listed Forward Industries (FWDI) is uniquely positioned to consolidate the beaten-down digital asset treasury space because it carries no corporate debt and is completely unlevered, giving it room to play offense while peers retrench, according to Ryan Navi, the company’s chief investment officer. “Scale plus an unlevered balance sheet is a real advantage in this market. We can play offense when others are playing defense,” Navi told CoinDesk in an interview.”Forward Industries has strategically avoided leverage and debt by design, giving us the flexibility to responsibly deploy leverage when market opportunities arise, Navi said. “The foundation we’ve built for Forward…

As the larger cryptocurrency landscape still navigates the ongoing market crash, industry expert analyst, popularly known as CryptoShillz06, today identified a hidden crypto gem that appears to be preparing for a significant breakout surge. The analyst believes that Resolv (RESOLV) is a gem amid the broader crypto bear market and is ready for a major spike this month. RESOLV is a cryptocurrency powering Resolv, a DeFi protocol that allows crypto users to participate in the decentralized finance landscape and earn yields. To facilitate this mission, Resolv launched its protocol in June 2023. It later debuted its mainnet in September 2024,…

Over the past year, the Obama Presidential Center in Chicago has announced groups of artists who have been commissioned to create site-specific installations for the center’s 19-acre campus. The most recent cohort includes Mark Bradford, Tyanna J. Buie, Jay Heikes, Carrie Mae Weems, and the duo Sam Kirk + Dorian Sylvain. So far, over two dozen artists have been tapped to contribute work to the OPC’s public indoor and outdoor spaces. Artists already on board include Nick Cave, Jenny Holzer, Spencer Finch, Maya Lin, Julie Mehretu, and Theaster Gates. Related Articles “From its conception, the Obama Presidential Center has placed…

In the evolving landscape of digital finance, Big Four consultancy firm EY has zeroed in on what it believes is the next defining frontier: wallets. Wallets are fast becoming the critical interface for the next era of financial services, not just tools for holding cryptocurrency, according to Mark Nichols, principal at EY.“The wallet is the strategy,” Nichols who co-leads the firm’s digital assets consulting business, told CoinDesk in an interview. “Who owns the wallet, who provisions the wallet, will win the client relationship.”Nichols and his West Coast counterpart, Rebecca Carvatt, view wallets as more than infrastructure. They’re the gateway to…

Bitcoin (BTC) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on Friday. It is now down over 50% from its October 2025 all-time high near $126,200.Key takeaways:Analysts are pointing to Hong Kong hedge funds and ETF-linked U.S. bank products as possible drivers of BTC’s crash.Bitcoin could slip back below $60,000, putting the price closer to miners’ break-even levels. BTC/USD daily price chart. Source: TradingViewHong Kong hedge funds behind BTC dump?One popular theory suggests that Bitcoin’s crash this past week may have originated in Asia, where some Hong…

Key NotesBitcoin accounts for $738.83 million in liquidations, double Ethereum’s losses, marking the fourth-worst day in three months.Long positions bore the brunt with $1.24 billion wiped out as traders faced margin calls across major exchanges.Analysts including Michael Burry warn Bitcoin could drop to $50,000, replicating its 2021-2022 collapse pattern. The cryptocurrency market is in a downfall and crypto liquidations have already surpassed $1.45 billion in the last 24 hours, making it the fourth-worst day in the past three months by 24-hour liquidation size. As of this writing, over 311,000 traders saw their positions being flushed out, with the largest single…

In early 2026, Ethereum stands at a historic crossroads, forcing a fundamental re-evaluation of its rollup-centric roadmap. For years, the community prioritized Layer 1 (L1) as a secure settlement layer while delegating transaction execution to Layer 2 (L2) solutions, yet this strategic isolation has reached its limit.Amidst this transition, Vitalik Buterin now declares the end of the original vision for Ethereum Layer 2 as “branded shards,” arguing it no longer serves the modern ecosystem.The creator of Ethereum’s stunning pivot signals a new era for the network, moving away from fragmented scaling toward a more integrated and fluid technical reality.Learn more:…