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According to the analytical service Glassnode, during the market decline and the current "flat" short-term investors have sold a significant amount of bitcoins, while miners and long-term investors continue to accumulate assets in their wallets.

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Based on the results of the last recalculation of BTC mining difficulty it has decreased to 21.05 T. The BTC.com service predicts a drop in the indicator by almost 16% more - to 17.72 T. Compared to the record level reached on May 13, mining difficulty has decreased by 16%. Some miners have begun migrating from northern Chinese provinces to hydropower-rich Sichuan. “Power plants in Sichuan have begun to restrict supplies to energy-intensive industries, including mining, due to the late rainy season this year, ”said Wolfi Zhao from The Block.

Sheetz, a major Mid-Atlantic restaurant and convenience chain, today announced it will be enabling digital currency payments, to provide customers with the ability to pay for items inside the store or fill up their cars, trucks, and RVs at the pump using digital currencies like bitcoin, ether, litecoin, dogecoin, and more. "Above all else, our mission at Sheetz is to continue providing our customers with the ultimate one-stop-shop where they can refuel their car and refresh their body. As a result, we are constantly innovating and exploring new offerings to truly give our customers what they want, when they want it, 24/7/365 — that includes accepting many forms of payment. We're very excited to be working with Flexa to roll out support for cryptocurrencies and other types of digital assets at our stores," said Linda Smith, Payments Manager for Sheetz. Sheetz will begin accepting digital currencies at select Sheetz Cafe Stores later this summer.

Katie Wood named the reasons why central banks will buy bitcoin Cathy Wood, Founder of Global Asset Management Company ARK Invest, Names Reasons for Central Banks to Start Acquiring Bitcoin and Other Crypto Assets ARK Invest manages $ 60 billion in assets and is the seventh largest issuer of ETFs with a turnover of $ 5.6 trillion. In her opinion, it is deflation, not inflation, that will hit global markets as consumer demand shifts from goods to services. “We believe that the likelihood of deflation is much higher. Most will now think this is crazy, given the rise in commodity prices. Here's what happened: many spent their money on the only thing they could - on goods (both durable and short-term). After vaccination, people will move from buying goods to purchasing services and many companies will have surplus in warehouses.”

Micro futures for bitcoin are gaining popularity among the participants of the Chicago Mercantile Exchange (CME). The indicators of open interest and the number of traders interested in relatively new instruments are growing.

Guys, Find out in this news digest: What does Binance CEO Changpeng Zhao say to the Chinese authorities? How did the COVID-19 impact the crypto market? __________ Write in comments into what coins you are investing now or plan to invest in the near future - we will randomly select a comment and will reward the lucky user! Hurry up before we close the comments! https://youtu.be/8TVreeSVWnY

Purchase of Coinbase shares for $ 1 billion ARK Wood boosted its holdings of Coinbase (COIN) shares last week by buying another 223,181 shares to increase its net stake over $ 1 billion in the Nasdaq-listed cryptocurrency exchange. ARK Invest manages $ 60 billion in assets and is the seventh largest issuer of ETFs with a turnover of $ 5.6 trillion.

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Chainalysis: bitcoin whales took advantage of the market decline to strengthen their positions Large investors took advantage of the bitcoin price crash last week to gain more crypto. The whales bought 77,000 BTC, according to analyst firm Chainalysis. Anthony Pompliano, co-founder of venture capital firm Morgan Creek Digital, concluded that during the market decline, owners of bitcoin addresses with balances between 10,000 and 100,000 BTC increased their positions by 122,588 BTC.

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Guys, Find out in this news digest: What is the increase in the number of large whales? What council do the North American miners want to create? Write in comments what Eth rate you expect on May 28 - on the date (1pm Moscow time, 6 am EST) we will select the closest rate and will reward the lucky user! Hurry up before we close the comments! https://www.youtube.com/watch?v=h7TzM7ke2JE

Nvidia disclosed its first quarter financial results: the company reached a record revenue of $ 5.66 billion (+ 13% from the end of last quarter and + 84% for the current year); The gaming segment brought the company $ 2.76 billion (+ 11% QoQ and + 106% YoY). Nvidia noted that miners have had a positive impact on demand for GPUs, but it is "difficult to quantify." The company predicts that supply problems will continue in the coming months, but the upcoming series of CMP products for miners and Ethereum's move to PoS could weaken demand.

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Billionaire Carl Icahn said he could invest up to $ 1.5 billion in cryptocurrency. Former crypto skeptic Carl Icahn, founder of Icahn Enterprises, told Bloomberg that he intends to enter the cryptocurrency market "in a big way," announcing an investment of about $ 1.5 billion. Icahn is an investor and former adviser to the Trump administration, whose fortune, according to Forbes, is $ 15.6 billion. In 2018, Icahn told CNBC that cryptocurrency is "ridiculous" and added, "I may be too old for it, but I wouldn't get into that." But on May 26, Icahn explained that he is now considering a large investment and that such a market entry “will not mean buying a few coins or something like that”: "I mean, the big road for us will be a billion dollars, one and a half billion dollars ... I will not say for sure." Icahn joins a growing list of other billionaires who have changed their minds about crypto in the past 12 months.

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Bitcoin price rose above $ 40,000 The rate of the first cryptocurrency returned to the level of $ 40,000. The capitalization of digital gold exceeded $ 750 billion. Ethereum rate approached $ 3000 The total cryptocurrency market capitalization returned to values above $ 1.8 trillion Is it the beginning of a new rally?

Congratulations to the winner of the Guessing game - Jay Ward!!🥳👏🏻 His guess was $40350 and it turned out to be the closest to the current rate of $40342 (on blockchain.com)!🥳👏🏼 Please contact @anna_ecos to claim your prize!😙 😉Guys, don't miss our next game - coming soon!👍 And check our tasks daily to win prizes!☺️ Watch ECOS news digests to take part in the Games!☺️😉