BTC $81,525.20 -3.54%
ETH $2,396.02 -4.54%
BNB $730.28 -2.48%
XRP $1.32 -4.21%
SOL $104.54 -3.84%
TRX $0.3302 -0.47%
DOGE $0.0791 -5.34%
ADA $0.2138 -6.83%
BCH $273.93 -5.26%
LINK $11.97 -5.58%
HYPE $77.95 -4.41%
AAVE $147.31 -7.13%
SUI $0.9789 -6.50%
XLM $0.1765 -5.26%
ZEC $1,234.04 -8.17%
AAPL $345.29 +0.23%
AMZN $252.04 -4.23%
GOOGL $327.72 -1.89%
MSFT $524.71 -1.36%
META $659.17 -7.45%
NVDA $213.57 -3.22%
TSLA $383.01 -0.70%
SNDK $1,281.08 -7.30%
INTC $87.16 -5.92%
SPCX $150.31 -8.25%
MU $871.61 -4.61%
AMD $512.04 -6.94%
BTC $81,525.20 -3.54%
ETH $2,396.02 -4.54%
BNB $730.28 -2.48%
XRP $1.32 -4.21%
SOL $104.54 -3.84%
TRX $0.3302 -0.47%
DOGE $0.0791 -5.34%
ADA $0.2138 -6.83%
BCH $273.93 -5.26%
LINK $11.97 -5.58%
HYPE $77.95 -4.41%
AAVE $147.31 -7.13%
SUI $0.9789 -6.50%
XLM $0.1765 -5.26%
ZEC $1,234.04 -8.17%
AAPL $345.29 +0.23%
AMZN $252.04 -4.23%
GOOGL $327.72 -1.89%
MSFT $524.71 -1.36%
META $659.17 -7.45%
NVDA $213.57 -3.22%
TSLA $383.01 -0.70%
SNDK $1,281.08 -7.30%
INTC $87.16 -5.92%
SPCX $150.31 -8.25%
MU $871.61 -4.61%
AMD $512.04 -6.94%

for

All
Article
Flash

first_img CryptoQuant CEO: The recovery of Bitcoin's hash rate is an indirect bullish signal for institutions

According to a post by Ki Young Ju, founder and CEO of CryptoQuant, on the X platform, the continuous recovery of Bitcoin's hash rate is an "indirect bullish signal" from institutional investors. He pointed out that a higher hash rate means stronger security and better value storage fundamentals, and most publicly listed mining companies are supported by traditional financial institutions (TradFi). Therefore, the rise in hash rate can be seen as institutional recognition of Bitcoin's security and long-term value. Hash rate is an indicator of the computational power of a blockchain network, representing the number of hash calculations that can be completed per second.CryptoQuant data shows that Bitcoin's hash rate has rebounded by about 45% from its summer low, rising from approximately 726 EH/s in July to about 1,050 EH/s on Wednesday. However, the global hash rate is still below the peak of 1,305 EH/s set in October 2025, when Bitcoin's price was above $111,000. On Thursday, when the U.S. stock market opened, Bitcoin's price was approximately $81,843.Publicly listed mining companies are still expanding their production capacity. Nasdaq-listed NIP Group (NIPG) announced a third batch of asset purchase agreements, which will acquire approximately 4.47 EH/s of deployed Bitcoin mining machines. After the transaction is completed, the total hash rate from the three batches is expected to reach 13.85 EH/s. The company currently ranks 16th among publicly listed mining companies with an operational hash rate of 3.11 EH/s, while Bitdeer leads with 79.9 EH/s. On Wednesday, NIPG's stock price fell 6.8% to $6.1, down 86% over the past year; affected by higher-than-expected inflation data, U.S. stocks experienced the most severe sell-off since July, with TeraWulf, Core Scientific, Cipher Mining, and IREN all seeing stock prices drop by about 12%.

first_img Australia Savings Bank: Starting from October 1, the additional fee for designated card network transactions will be canceled

The Reserve Bank of Australia (RBA) stated in the frequently asked questions document regarding retail payment regulation conclusions that the removal of surcharges for the designated card networks eftpos, Mastercard, and Visa starting from October 1, 2026, is in the public interest. The RBA will lift the ban on the "no surcharge" rule for the aforementioned networks from that date, with the changes based on Standard No. 3 of 2016 and the revisions to the merchant card payment costs and surcharge standards in 2026. eftpos, Mastercard, and Visa have all decided to implement the no surcharge rule from that date, generally applicable to their credit, debit, and prepaid cards, including cards issued overseas.American Express, UnionPay, and PayPal have also decided to eliminate surcharges, but are currently not formally regulated by the RBA. American Express and UnionPay will withdraw from their existing commitments with the RBA on October 1, 2026, while PayPal's no surcharge rule will take effect on October 5, 2026. This scope is limited to fees charged due to customer card payments and does not include surcharges for weekends, public holidays, booking fees, or service fees. Merchants must comply with the new card organization rules unless exceptions apply; businesses, non-profit organizations, and inter-business card payments do not receive a general exemption.The reforms will be implemented in phases. Starting from October 1, 2026, a lower interchange fee cap will apply to domestic card transactions; from October 30, designated card networks and large acquirers must publish the specified card payment fee information on their websites. From January 30, 2027, large acquirers must disclose how the decrease in interchange fees is passed on to merchant service fees; starting April 1, the interchange fee cap will apply to transactions involving overseas-issued cards acquired in Australia, and acquirers must also provide merchants with more detailed statements. The RBA stated that businesses can still factor the costs of accepting card payments into their overall pricing and may offer discounts for specific payment methods.
app_icon
ChainCatcher Building the Web3 world with innovations.