Bitcoin’s mining difficulty has hit a new all-time high after jumping roughly 13.55% in its latest adjustment. It now requires 35.6 trillion hashes to mine one bitcoin. BTC’s hashrate is also near all-time highs.
Policymakers at the European Parliament Committee on Economic and Monetary Affairs (ECON) have approved the Markets in Crypto-Assets (MiCA) regulation following a vote from the European Council.
Ethereum’s supply has dropped by around 4,000 ETH so far this week in the first deflationary turn the cryptocurrency token has taken since the network moved to a Proof-of-Stake consensus mechanism with the Merge.
Top stories in the Crypto Roundup today:
- Bitcoin Mining Difficulty Hits New All-Time High
- European Parliament Passes Landmark Crypto Assets Regulation Bill
- Ethereum’s Supply Turns Deflationary For First Time Since Merge
- Chart of the Week: Ethereum’s Post-Merge Downturn