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Mining Milestone: Bitcoinās Hashrate Soars to Unprecedented Heights in the New Year
The opening days of 2025 have ushered in new heights for Bitcoinās hashrate. On Jan. 1, the cryptocurrencyās computational power scaled to a range ofĀ 808 to 809 EH/s. As of today, this figure has escalated further, now pulsating between 813 to 823 EH/s. This ascent follows the recent difficulty adjustment on Dec. 29, 2024, at block height 876,960, which saw an increase from 108.52 trillion by 1.16%, reaching 109.78 trillion. The network has experienced a series of consecutive difficulty increase
How was your year in Crypto? Explore your 2024 With Binance and share your results on Square with the hashtag #2024WithBinance to earn Binance points!Ā
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š Crypto Theses 2025 ā Key Highlights from Messari Report š 1.Market Resilience & Growth š ā¢Crypto rebounded in 2024, with Bitcoin ETFs legitimizing the sector and pushing BTC past $100,000. ā¢Institutions entered crypto aggressivelyāBlackRockās ETF hit $40B AUM in ~200 days. 2.Policy Shifts Under Trump š ā¢Favorable crypto policies: SEC reform, Bitcoin advisory council, pro-mining stance, and stablecoin regulation. ā¢Clearer laws are expected to drive institutional adoption and stablecoin growth in 2025. 3.Bitcoin Evolution ā” ā¢BTC staking and programmable layers (BitVM) added new use casesāmaking Bitcoin more versatile. ā¢ETFs and corporate buyers (e.g., MicroStrategy) continue fueling demand. 4.Ethereum Faces Competition āļø ā¢Solana gained ground in DeFi and memecoins, challenging Ethereumās dominance. ā¢ETH ETFs lag behind BTC, while Layer 2 rollups drive scalability but raise fragmentation concerns. 5.Memecoins & AI Boom š” ā¢Memecoins surged, attracting retail investors through speculative trading platforms. ā¢AI & DePIN (Decentralized Physical Infrastructure) reshaped funding, reaching 300% growth in 2024. 6.DePIN Breakthrough š ā¢Decentralized infrastructure networks hit $40B+ market cap, revolutionizing energy, data, and wireless systems. ā¢Partnerships with governments (e.g., USDA and GEODNET) validated their utility. 7.Stablecoins & Payment Systems šµ ā¢Stablecoin adoption soared in emerging markets, blending crypto, fintech, and payments into super-apps.
The Future? ā¢Crypto is evolving beyond speculationāfocusing on AI integration, DeFi innovations, and real-world applications. ā¢2025 is set to define the next decade for decentralized finance, regulations, and blockchain infrastructure.
Binance Coin (BNB) is the cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. The coin was designed to facilitate the trading process on Binance.
BNB was initially issued as an ERC-20 token on the Ethereum platform but has since migrated to BNB's own blockchain. The original total supply of BNB was set at 200,000,000 coins, but through regular coin burn events (the 'burning' or destruction of coins to remove them from circulation), the supply gradually decreases, helping to maintain the coin's value stability.
Like any cryptocurrency, Binance Coin has its own distinctive features. Below are the top five:
Native Token: BNB is the 'native coin' of Binance, specifically designed for use on the Binance cryptocurrency exchange. Transaction Fees: Holders of the coin can use BNB to pay fees for trading on Binance, resulting in lower trading and transaction costs. Buyback and Burn Policy: Binance has announced that it will use 20% of its profits annually to repurchase BNB and then burn (destroy) them. This reduces the total supply and has the potential to increase the value of Binance Coin. Diverse Applications: In addition to paying transaction fees on Binance, BNB users can also benefit from offers and discounts on the platform. BNB is increasingly accepted as a means of payment by various merchants and platforms. Growing Support: Binance continues to expand as a cryptocurrency exchange, contributing to the popularity and eventual value of Binance Coin.