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Bitcoin mining difficulty sees biggest drop since bear market lows
10.5.2024
Bitcoin saw a significant drop of 5.7% last Thursday, marking a major decrease in nearly a year and a half. Data from Bitbo revealed that this adjustment took place at block height 842,688, resulting in a decrease to 83.1 trillion. This shift stands out as the most significant reduction since...
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s
9.5.2024
The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600 exahash per second (EH/s) mark for the first time since late March. Bitcoin Network Sees Significant...
Cardano notices fluctuations in the last 4 days: $0.48 peak, 10% drop
8.5.2024
Sentiments are largely negative within the Cardano ecosystem, with selling emotions overriding the need for accumulation. ADA was last seen exchanging hands at $0.441, which is lower than the peak of $0.48, true as of May 4, 2024. The support level has now been set at $0.44. Cardano has shed a...
A Spring Downfall: Solana Ecosystem and SOL Price Action in April 2024
8.5.2024
In this report, we explore and analyze the Solana ecosystem downtime, SOL price action, and Solana meme coin action in April 2024, with a particular focus on the reasons for a staggering 56% SOL price drop.
The post A Spring Downfall: Solana Ecosystem and SOL Price Action in April 2024 appeared...
Bitcoin exchange inflows drop to 10-year lows after $74K all-time highs
7.5.2024
Bitcoin exchanges are seeing the kind of daily inflows more associated with BTC prices under $1,000
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
5.5.2024
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s...
Top Crypto Gainers Today on DEXScreener – AITAX, AMERICA, BOOE
2.5.2024
In wake of the cryptocurrency market’s latest tumble which saw Bitcoin (BTC) drop convincingly below $60,000 for the first time since late February, traders are turning to the on-chain markets as they hunt for top crypto gainers today.
The post Top Crypto Gainers Today on DEXScreener – AITAX...
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
1.5.2024
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said
Bitcoin Price Prediction as Crypto Market Cap Slumps 6.4% – Time to Buy?
1.5.2024
Amidst speculation over the Federal Reserve's stance, Bitcoin faces a 7% drop to $56,500, echoing broader market turmoil and investor apprehension.
The post Bitcoin Price Prediction as Crypto Market Cap Slumps 6.4% – Time to Buy? appeared first on Cryptonews
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
Stellar Price Prediction as XLM Retraces 5.4% With Market Drop — Is It Time to Load Up?
1.5.2024
XLM has fallen by 3% in the past 24 hours, with the Stellar price dropping to $0.1051 on a day when the wider crypto market has suffered a 7% decline.
The post Stellar Price Prediction as XLM Retraces 5.4% With Market Drop — Is It Time to Load Up? appeared first on Cryptonews
Bitcoin Price Prediction: Nears $60,000 Amid 5.75% Drop and Market Volatility
1.5.2024
Bitcoin is nearing the $60,000 threshold, with its current price at $59,966 following a 5.75% decline over the last 24 hours.
The post Bitcoin Price Prediction: Nears $60,000 Amid 5.75% Drop and Market Volatility appeared first on Cryptonews
Near Protocol Price Prediction as NEAR Retraces With Market Drop — Is It Time to Load Up?
30.4.2024
The Near Protocol price has dived by 5% in the past 24 hours, sinking to $6.45 as the cryptocurrency market as a whole faces a 2% drop today.
The post Near Protocol Price Prediction as NEAR Retraces With Market Drop — Is It Time to Load Up? appeared first on Cryptonews
From 26% drop to peak! Polygon’s MATIC is Crypto’s Next Peak, say experts
29.4.2024
The ongoing upward trend in the cryptocurrency market is an encouraging indication that the subsequent expansion phase is imminent. Investors are also hoping to profit from such dynamics. The article looks at predictions made by top experts over a couple of cryptocurrencies, which are believed...
Slothan secures $15 million amid Chainlink’s 28% drop
29.4.2024
In the crypto world, the last entrant is Slothan, who attracted attention before the presale. The project has exceeded $15 million in funding so far, demonstrating strong token demand and a positive outlook from investors. This way, the mission demonstrates the character of the Slothana, which is...
Ethereum Gas Fees Hit Six-Month Low, Indicating Potential Altcoin Surge: Santiment
29.4.2024
Gas fees on the Ethereum network have experienced a significant drop to their lowest levels in six months, even as the price of Ether saw a slight rally over the weekend.
The post Ethereum Gas Fees Hit Six-Month Low, Indicating Potential Altcoin Surge: Santiment appeared first on Cryptonews
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
25.4.2024
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial...
Dogecoin Price Prediction as DOGE Forms Bearish Head and Shoulders Chart Pattern – 30% Drop Incoming?
25.4.2024
DOGE has fallen by 8% today, with the Dogecoin price slipping to $0.149 in the past 24 hours, as the cryptocurrency market tumbles by 5%.
The post Dogecoin Price Prediction as DOGE Forms Bearish Head and Shoulders Chart Pattern – 30% Drop Incoming? appeared first on Cryptonews
Can XRP hit $1? Experts foresee BlockDAG price at $20 by 2027 as presale crosses $19.3M; Litecoin (LTC) price sees drop
22.4.2024
Amidst speculations about whether or not XRP can hit $1 and fluctuations in Litecoin’s price, the newest contender, BlockDAG, is making waves as the top layer 1 crypto. With its presale gaining traction for crossing $19.3 million in nine batches, BlockDAG offers investors a compelling...