Bitcoin's Cry for Help: The Endless Saga of Price Booms and Busts

1 min read
Source: CoinDesk
TL;DR Summary

Bitcoin's price hits a new all-time high as billions flow into spot ETFs, while Ethereum's influence attracts Bitcoiners and other blockchain representatives at conferences. Bitcoin Improvement Proposal editor Luke Dashjr's call for backup is acknowledged, and the U.S. Department of Energy drops its mandatory survey for bitcoin miners. Ethereum's upcoming upgrade, Dencun, is expected to lower costs for layer-2 blockchains, and startups like Sahara and Taiko secure significant funding. Tron leads in daily average users among blockchains, and Token Terminal's data shows its ranking.

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