• bitcoinBitcoin (BTC) $ 96,130.00
  • ethereumEthereum (ETH) $ 3,300.24
  • tetherTether (USDT) $ 0.999653
  • bnbBNB (BNB) $ 935.15
  • xrpXRP (XRP) $ 2.08
  • solanaSolana (SOL) $ 142.29
  • usd-coinUSDC (USDC) $ 0.999861
  • staked-etherLido Staked Ether (STETH) $ 3,297.91
  • tronTRON (TRX) $ 0.308686
  • dogecoinDogecoin (DOGE) $ 0.140684
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04
  • cardanoCardano (ADA) $ 0.393716
  • wrapped-stethWrapped stETH (WSTETH) $ 4,036.68
  • moneroMonero (XMR) $ 712.03
  • whitebitWhiteBIT Coin (WBT) $ 57.82
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,590.02
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,196.00
  • bitcoin-cashBitcoin Cash (BCH) $ 585.83
  • wrapped-eethWrapped eETH (WEETH) $ 3,582.62
  • chainlinkChainlink (LINK) $ 13.75
  • usdsUSDS (USDS) $ 0.999876
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999695
  • leo-tokenLEO Token (LEO) $ 8.89
  • wethWETH (WETH) $ 3,303.68
  • stellarStellar (XLM) $ 0.227907
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,178.00
  • zcashZcash (ZEC) $ 415.67
  • suiSui (SUI) $ 1.78
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • avalanche-2Avalanche (AVAX) $ 13.84
  • hyperliquidHyperliquid (HYPE) $ 24.73
  • litecoinLitecoin (LTC) $ 72.41
  • hedera-hashgraphHedera (HBAR) $ 0.119286
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • canton-networkCanton (CC) $ 0.131534
  • usdt0USDT0 (USDT0) $ 0.999559
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.168939
  • daiDai (DAI) $ 1.00
  • susdssUSDS (SUSDS) $ 1.09
  • the-open-networkToncoin (TON) $ 1.73
  • crypto-com-chainCronos (CRO) $ 0.100918
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • polkadotPolkadot (DOT) $ 2.12
  • usd1-wlfiUSD1 (USD1) $ 0.999293
  • uniswapUniswap (UNI) $ 5.35
  • rainRain (RAIN) $ 0.009683
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  • memecoreMemeCore (M) $ 1.61
  • bittensorBittensor (TAO) $ 280.33
  • aaveAave (AAVE) $ 171.11
  • bitget-tokenBitget Token (BGB) $ 3.70
  • pepePepe (PEPE) $ 0.000006
  • okbOKB (OKB) $ 113.99
  • tether-goldTether Gold (XAUT) $ 4,612.70
  • internet-computerInternet Computer (ICP) $ 4.14
  • nearNEAR Protocol (NEAR) $ 1.72
  • falcon-financeFalcon USD (USDF) $ 0.997259
  • jito-staked-solJito Staked SOL (JITOSOL) $ 178.34
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,300.73
  • ethereum-classicEthereum Classic (ETC) $ 12.67
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  • pax-goldPAX Gold (PAXG) $ 4,630.74
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pi-networkPi Network (PI) $ 0.203646
  • aster-2Aster (ASTER) $ 0.712182
  • pump-funPump.fun (PUMP) $ 0.002807
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.89
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.151010
  • htx-daoHTX DAO (HTX) $ 0.000002
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.46
  • worldcoin-wldWorldcoin (WLD) $ 0.564784
  • global-dollarGlobal Dollar (USDG) $ 0.999610
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • kucoin-sharesKuCoin (KCS) $ 11.38
  • aptosAptos (APT) $ 1.82
  • ripple-usdRipple USD (RLUSD) $ 0.999853
  • wbnbWrapped BNB (WBNB) $ 935.32
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,805.92
  • skySky (SKY) $ 0.059526
  • bfusdBFUSD (BFUSD) $ 0.999109
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999785
  • kaspaKaspa (KAS) $ 0.045737
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,502.91
  • gatechain-tokenGate (GT) $ 10.46
  • cosmosCosmos Hub (ATOM) $ 2.46
  • ondo-financeOndo (ONDO) $ 0.378453
  • arbitrumArbitrum (ARB) $ 0.207480
  • hash-2Provenance Blockchain (HASH) $ 0.021845
  • algorandAlgorand (ALGO) $ 0.129136
  • render-tokenRender (RENDER) $ 2.21
  • filecoinFilecoin (FIL) $ 1.49
  • official-trumpOfficial Trump (TRUMP) $ 5.36
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,475.00
  • myx-financeMYX Finance (MYX) $ 5.49
  • ignition-fbtcFunction FBTC (FBTC) $ 95,924.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 96,208.00
  • midnight-3Midnight (NIGHT) $ 0.061326
  • dashDash (DASH) $ 79.54
  • vechainVeChain (VET) $ 0.011565
  • nexoNEXO (NEXO) $ 0.965042
  • usddUSDD (USDD) $ 0.999914
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  • bonkBonk (BONK) $ 0.000010
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,525.72
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,570.00
  • usdtbUSDtb (USDTB) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.043783
  • story-2Story (IP) $ 2.40
  • ousgOUSG (OUSG) $ 113.97
  • sei-networkSei (SEI) $ 0.120193
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999704
  • wrappedm-by-m0WrappedM by M0 (WM) $ 1.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,787.00
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.96
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012167
  • morphoMorpho (MORPHO) $ 1.40
  • clbtcclBTC (CLBTC) $ 96,264.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,522.43
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.09
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 165.35
  • jupiter-exchange-solanaJupiter (JUP) $ 0.219669
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • beldexBeldex (BDX) $ 0.090143
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,507.01
  • usdaiUSDai (USDAI) $ 1.00
  • optimismOptimism (OP) $ 0.341035
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.998135
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • wrapped-flareWrapped Flare (WFLR) $ 0.011276
  • blockstackStacks (STX) $ 0.369300
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,294.97
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 1.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.274471
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  • chilizChiliz (CHZ) $ 0.060497
  • curve-dao-tokenCurve DAO (CRV) $ 0.415210
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.21
  • usual-usdUsual USD (USD0) $ 1.00
  • c8ntinuumc8ntinuum (CTM) $ 0.132451
  • tbtctBTC (TBTC) $ 96,401.00
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 24.99
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,300.24
  • spx6900SPX6900 (SPX) $ 0.568641
  • gtethGTETH (GTETH) $ 3,299.88
  • lido-daoLido DAO (LDO) $ 0.615088
  • injective-protocolInjective (INJ) $ 5.16
  • aerodrome-financeAerodrome Finance (AERO) $ 0.560558
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
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  • msolMarinade Staked SOL (MSOL) $ 192.37
  • flokiFLOKI (FLOKI) $ 0.000050
  • celestiaCelestia (TIA) $ 0.555822
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,564.35
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  • fasttokenFasttoken (FTN) $ 1.09
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  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.09
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • riverRiver (RIVER) $ 23.23
  • sbtc-2sBTC (SBTC) $ 96,613.00
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  • wrapped-apecoinWrapped ApeCoin (WAPE) $ 0.215530
  • syrupMaple Finance (SYRUP) $ 0.372184
  • starknetStarknet (STRK) $ 0.084109
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  • euro-coinEURC (EURC) $ 1.16

Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares

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Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares

Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday.

“Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote.

Bitcoin miners that are dependent on older or less-efficient rigs are faced with higher exposure to these tariffs, the report said.

Core Scientific (CORZ) is “better insulated, as it transitions to HPC,” the authors wrote, adding that Bitdeer (BTDR), which makes its own rigs, could see margin pressure on sales outside the U.S.

The asset manager predicts that the Bitcoin network hashrate could reach 1 zettahash per second (ZH/s) by July and 2 ZH/s by early 2027.

The hashprice outlook is not as positive.

The asset manager’s model indicates “a gradual structural decline, with prices likely to remain range-bound between $35 and $50 per PH/day through to the 2028 halving cycle.”

Tariffs and trade tensions could be positive for bitcoin adoption in the medium term, asset manager Grayscale said in a research report earlier this month.



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