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Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022


On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners...

Brazilian Companies Break Crypto Purchasing Records Again in October


According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...

Save Thousands In Taxes by Harvesting NFT Losses – CoinLedger Explains How


There’s a silver lining to the crash in the NFT market — millions of dollars of potential tax-savings. To help NFT investors claim their tax-savings before the end of the year, CoinLedger recently launched an NFT tax-loss harvesting tool. Let’s break down how the tool works...

Zilliqa is ready for an up move; Will ZIL break $0.03?


Zilliqa helps in the linear growth of blockchain with sharding technology, making it one of the leading cryptocurrencies in the world with the native token ZIL. At the time of writing this post, Zilliqa is trading around $0.022, forming candles above the baseline of Bollinger Band that suggest...

Cardano continues bearish movement: Will ADA break the $0.29 level?


Cardano is a leading cryptocurrency that offers interchangeability between different blockchains. ADA is a native coin that has a fixed supply. However, during this downtrend, the price of Cardano is forming a new yearly low of around $0.29, and the current price is just above the yearly low....

Will Ethereum (ETH) break the long-term support of $1000?


Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...

Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks


Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion....

Algorand fails to break consolidation: Should you sell ALGO?


Algorand is a decentralized blockchain technology that offers more speed and security than other blockchain technologies in the industry. It combines all the well-established features of different cryptocurrencies, such as decentralization, easy-to-divide tokens, added speed, less computing power...

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