Recent reports highlight a 2% increase in the profitability of Bitcoin operations for July, driven by a price rally that has surpassed the hashrate of the rise of the network. Minors classified by the United States represented 26% of the total network, mining 3,622 BTC in July. Meanwhile, Bitcoin recently exceeded the USD 118,000 mark, reflecting an increase of 0.20% in the last 24 hours. In a notable development, Faraday Future launched its “EAI + Crypto” strategy, integrating the assets of electric vehicles with blockchain technology and introducing the C10 index, a basket index of crypto active ingredients. In addition, a major whale purchase of 938,489 liaison tokens, valued at around $ 21.25 million, was reported, with strategic trading models on the market. These developments indicate a dynamic landscape in the cryptocurrency sector, both the profitability of mines and strategic investments shaping the future of the market.
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