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ZetaChain announces Animoca Brands as a validator, aiming to boost multi-chain interoperability and digital asset adoption. (Read More)
Before the June 7 price decline, Bitcoins volatility over the previous 15 days was within the bottom 6% of occurrences.
OKX announces an exclusive airdrop campaign for ZETA On-chain Earn users, offering rewards from a 10,000 ZETA prize pool, starting June 25, 2024. (Read More)
The new Z token will empower governance, with a vote escrow model which will be shared amongst traders, liquidity providers, and stakers.
Zeta Markets, a decentralized exchange (DEX) built on Solana, will launch its governance Z token today, according to a statement shared with CryptoSlate. The DEX revealed that the token’s debut aligns with its commitment to “becoming a fully community-centric protocol” and empowers its community members to influence its decisions. Zeta has enjoyed considerable interest and […]
The post Zeta Markets launches governance token to steer Solana-based DEX toward community rule appeared first on CryptoSlate.
Bitcoin is alive and kicking, spewing out impressive hashrate numbers like never before. Bitcoin’s network processing power has reached an unprecedented 1 Zetahash per second (ZH/s), marking a major milestone in the cryptocurrency’s 16-year history. Multiple blockchain tracking services confirmed the achievement between April 4-5, 2023, though they disagree on the exact timing of when the threshold was crossed. Related Reading: XRP Will ExplodeAnd This Korean Expert Says Hell Be Laughing At Critics Different Trackers Report Varying Dates For Historic Milestone A Zetahash (ZH/s) is a unit of computational power used to measure Bitcoin’s hashrate, which reflects how much computing power is being used to secure the Bitcoin network through mining. According to mempool.space data, Bitcoin’s hashrate peaked at 1.025 ZH/s on April 5. BTC Frame’s metrics showed a slightly earlier breakthrough at 1.02 ZH/s on April 4. Meanwhile, Coinwarz reported an even higher peak of 1.1 ZH/s on April 4 at block height 890,915, but also suggested the network first hit the 1 ZH/s mark on March 24. The differences stem from how each service calculates hashrate. Blockchain analyst Jameson Lopp previously pointed out that using one “trailing block” versus five blocks for estimation can result in differences exceeding 0.04 ZH/s. Mitchell Askew, head analyst at Blockware Solutions, said viewing the raw Hashrate metric can be deceiving due to random variations in block times. He noted that Bitcoin’s 30-day moving average hashrate remains around 0.845 ZH/s. Network Shows Massive Growth Since 2016 This achievement represents remarkable growth for the Bitcoin network. The current hashrate of 1 ZH/s equals 1,000 Exahashes per second, marking a 1,000-fold increase since late January 2016 when the network first reached 1 EH/s. To put this computational power in perspective, Bitcoin now processes approximately 40,000 times more calculations per second than Litecoin, the second-largest proof-of-work cryptocurrency network. Based on Coinwarz data, Litecoin currently operates at just 2.49 Petahashes per second. Commercial Mining Operations Drive Hashrate Growth According to Askew, the surge in hashrate has coincided with increased competition among commercial Bitcoin mining firms. Miners are doubling down, and expanding sites and plugging in more efficient machines, he said. However, he warned that less efficient miners might struggle unless Bitcoin prices increase in the coming months. Related Reading: Ethereum Slips Below TriangleIs A $1,600 Crash Next? At least 24 publicly listed companies now operate Bitcoin mining equipment, according to CompaniesMarketCap.com. MARA Holdings leads the pack with more than 50 EH/s of computing power. Other major contributors include Riot Platforms, Core Scientific, CleanSpark, Hut 8 Mining, and TeraWulf. Most of the network’s hashrate flows through major mining pools, with Foundry USA Pool and AntPool controlling the largest shares, according to the Hashrate Index. Record Hashrate Coincides With Market Downturn The network’s technical achievement occurred during a sharp market decline. Bitcoin’s price fell 8% over a 24-hour period to $77,210, while US stocks experienced what analysts called the largest two-day loss ever. Featured image from Gemini Imagen, chart from TradingView
The ZetaChain mainnet was recently launched, and initial participants received Zeta tokens through an airdrop, determined by their accumulated points....
The native cryptocurrency of ZetaChain, $ZETA, has garnered significant attention within the cryptocurrency market, experiencing a remarkable surge of over 180% since its inception. However, recent trends indicate a decline of more than 13% in its value and a notable 47% decrease in its 24-hour trading volume, prompting discussions among […]
Earlier this month, Zetachain (ZETA) celebrated a significant milestone as it reached an all-time high (ATH) of $2.854. The surge marked a moment of triumph for the token, buoyed by positive market sentiment and a string of successful partnerships. However, in the past week, Zetachain has experienced a downtrend, witnessing […]
Despite the numbers, on-chain data suggests that ZETA and INJ movements could be tied to token distribution to early investors.
Zeta experienced significant surge. How high can the ZETA price go? Let's take a look at this ZETA price article in more detail.
In this ZetaChain (ZETA) price prediction 2024, 2025-2030, we will analyze the price patterns of ZETA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION ZetaChain (ZETA) Current Market Status What is ZetaChain (ZETA)? ZetaChain (ZETA) 24H Technicals ZETACHAIN (ZETA)
The ZetaChain mainnet was recently launched, and initial participants received Zeta tokens through an airdrop, determined by their accumulated points....
The ZetaChain mainnet was recently launched, and initial participants received Zeta tokens through an airdrop, determined by their accumulated points....
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