Mining Difficulty Hits New High: Bitcoin’s mining difficulty has reached an all-time high, signaling growing competition and capacity on the mining network.
Michael Saylor’s Net Worth Increases by $1 Billion: Michael Saylor’s net worth has increased by nearly $1 billion since the beginning of the year.
Online Buzz Increases: Bitcoin, Ethereum, Dogecoin, Tether, and Multiverse X (EGLD) are the most talked about cryptocurrencies online, according to a report by Santiment.
State-owned Bitcoin Custody Service Resumes: U.S. Bancorp has resumed its Bitcoin custody service for institutional customers, and the service now also supports Bitcoin exchange-traded funds (ETFs).
Interesting points in brief:
Points Reasons to be interested
Record increase in mining difficulty indicates mining is getting harder and more profitable
Higher value growth (Michael Silver) Clear increase in wealth of Bitcoin holders
Increasing social media conversation continues interest among the public and digital community
Revival of Bitcoin custody service Increases convenience for institutional investment.
