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Bitcoin Difficulty Set for Upturn Amid Escalating Hashrate and Soaring Miner Fees
16.12.2023
After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The seven-day average hashrate reached a low of...
Bitcoin Price Pressured as Fed Official Says “Premature to Even Be Thinking About” Rate Cuts – Where Next For BTC?
15.12.2023
Source: Pixabay / Michael Wuensch The Bitcoin (BTC) price has come under pressure on Friday, dipping 2% from around $43,000 to the low $42,000s in wake of hawkish commentary from a leading US Federal Reserve monetary policymaker John Williams. Williams, who is the president of the influential...
Bitcoin ETF Token Raises $4.1m But Selling Fast, Traders Grab Last Chance to Buy at Low Price
15.12.2023
Friday, December 15th, 2023 – The Bitcoin ETF Token ($BTCETF) is selling out fast as traders grab the coin at the lowest price before the crypto bull run explodes when a spot Bitcoin ETF is approved by the US SEC. The Bitcoin price has consolidated above $42,000 after briefly touching $45,000 in...
Australian Cash Use in Decline as 75% of Residents Now Seen as ‘Low Cash Users’
15.12.2023
On Dec. 12, Michele Bullock, the governor of the Reserve Bank of Australia, revealed that as much as 75% of Australians are now considered to be “low cash users.” Bullock also noted that the reduction in the use of cash for transactions is putting a strain on the cash distribution...
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months
12.12.2023
Source: Adobe/artiemedvedev Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months. Over the weekend, the value of Bitcoin plummeted to as low as $40,000 after reaching a high above $43,900, causing a ripple effect across...
Bitcoin’s Recent Surge on Exchanges: Binance and Bitfinex Lead With $871M Inflow
11.12.2023
On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at approximately $928 million. Moreover, more than 60% of this...
Last Chance to Get Positioned in This Revolutionary Giving Project With Passive Income and 50x Potential
10.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. With the Chimpzee (CHMPZ) presale ending soon, investors have a final chance to get involved in this revolutionary project at the early stage and at a very low price. This opportunity will help them...
Traders Shift from Shiba Inu and Pepe to this P2E Memecoin – Find out Why
6.12.2023
TLDR NuggetRush stands out for its unique blend of meme and utility (P2E). It is tipped for a 70x upside by analysts. Its low token supply, 50 million, contributes to its appeal. The memecoin ecosystem isn’t short of promising tokens. Examples are Pepe (PEPE) and Shiba Inu (SHIB). However,...
Crypto Lending Firm Ledn Offers Low-Risk Custodied Loans
6.12.2023
Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world
Bitcoin’s Recent Rally Underscores the “Low Correlation” of Crypto with Traditional Assets: Expert
6.12.2023
Source: Adobe Bitcoin (BTC) has displayed resilience by surging to a more than 19-month high, even as global markets experienced a downturn. The cryptocurrency climbed 5.8% to reach $42,000 on Monday and maintained its position just below that level in morning Asian trading on Tuesday. ...
PCE inflation report sparks Dollar decline: US currency nears 3-month low
5.12.2023
PCE, an acronym for Personal Consumption Expenditure, is ideal for the Federal Reserve to measure inflation. It helps them track how US citizens spend money on goods and services. A stronger PCE report reflects positively on the USD, and a weaker report means that the US Dollar is not necessarily...
Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols
3.12.2023
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago, on October 18. Over this period, the TVL in defi...
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround
2.12.2023
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity Committee of the project undertook efforts to rectify this...
Rebel Satoshi’s Early Bird Round Sold Out in Record 3 Weeks – Next Up, Rebels Round 1!
1.12.2023
TLDR What is Rebel Satoshi, and why is it causing a stir in the market? Rebel Satoshi enters Rebel’s Round 1: What’s the price outlook? The crypto market has thousands of coins. However, not all top altcoins have low prices and attractive growth projections. To this end, novice investors consider...
Crypto Gurus Are Quietly Stacking This Low Cap Gem – Is It the Best Kept Secret?
27.11.2023
Crypto gurus are bullish on an overlooked low cap cryptocurrency called Launchpad XYZ that seeks to provide access to Web3 and leverage AI for advanced crypto analytics. Image by Fareed Mindalano, DALL-E 3. Low cap cryptocurrency project Launchpad XYZ has raised over $2 million so far in...
Biggest Crypto Gainers Today on Uniswap – XPB, GSWIFT, VRD
23.11.2023
DEXTools Logo / Source: DEXTools X Account Blue chip cryptocurrency markets are in consolidation mode amid thin trading volumes with US market participants away for the Thanksgiving holidays. Bitcoin (BTC) was last trading in the low $37,000, well within recent weekly ranges and roughly flat in...
PEPEPE Coin is Up 33,000% Overnight and Experts Say This Low Cap Gem is Next – Here’s Why
23.11.2023
As DEX launched tokens continue to undertake explosive rallies on crypto markets, Pepecoin spin-off PEPEPE has posted an eye-watering +33,000% move overnight, but could this low cap gem be next? Recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots...
Today in Crypto: Investor Interest in Crypto Startups is Low in 2023, Credefi Finance Integrates with XRP Ledger
20.11.2023
Source: a video screenshot, XRP Ledger Foundation / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Crypto startups have raised $2.1 billion year-to-date, or nearly...