🖥 Bitmain sharply cut prices on some of its ASIC miners as mining economics continue to worsen.

With network hashrate near record highs and Bitcoin’s price falling, miner profitability has declined, weakening demand for new hardware.

As a result, manufacturers are being forced to adjust pricing to sustain sales.

@DeCenterOrg

📊 Bitcoin has returned to levels above $90 000, Ethereum is trading around $3 000, and most altcoins are in the green, though no strong rally is being observed yet.

The Fear & Greed Index remains in the extreme fear zone, currently at 24.

@DeCenterOrg

🪙 The Ethereum staking entry queue has nearly doubled the exit queue for the first time in six months — around 746 000 ETH is currently waiting to be staked versus 361 000 ETH waiting to exit.

The last time the entry queue surpassed the exit queue, ETH doubled in price shortly afterward.

@DeCenterOrg

🔮 Only about 30% of the 1.73 million Polymarket trading addresses ended up in profit. At the same time, nearly all gains are concentrated among a very small group — just 0.04% of addresses generated over 70% of total profits, roughly $3.7 billion.

Most profitable participants earn very little: around a quarter of winning addresses made no more than $1 000.

In the end, the market makes money for a few, while the majority of traders lose.

@DeCenterOrg

🍿 Analyst ZachXBT identified a Telegram scammer who stole around $2 million over the past year by impersonating a Coinbase support representative.

The stolen funds were spent on rare usernames and gambling.

@DeCenterOrg

📈 The total market capitalization of tokenized stocks hit a new record, reaching $1.2 billion.

Analysts compare the current state of this market to stablecoins in 2020 — back then they were just getting started, while today they have grown into a $300 billion industry.

@DeCenterOrg