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Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
11.6.2022
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per second (EH/s)....
Once Again, A Quiet Indie Games Show Upstages A Bombastic ‘AAA’ Event
10.6.2022
Earlier today, Geoff Keighley kicked off this year’s Not-E3 season with Summer Game Fest, a loud, two-hour showcase of all the ways you’ll be able to murder people in video games over the next year or so. It was, to be quite honest, a lot. Thankfully, the folks at Day of the Devs showed...
Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday
9.6.2022
Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued...
Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run
8.6.2022
LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around...
Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000
8.6.2022
Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in the period. ETH was also marginally higher. Bitcoin The volatility in crypto...
Bad day for Binance with SEC investigation and Reuters exposé
7.6.2022
The SEC is reportedly suspicious that the world’s biggest crypto exchange sold unlicensed securities in its ICO, and the news agency tallied up some old cases
Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
6.6.2022
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
Alchemy announces support for Solana Web3 applications the day after blockchain halted
3.6.2022
The Web3 development platform and infrastructure provider will support Solana-built applications, despite the blockchain halting multiple times in 2022
Biggest Movers: ATOM Falls Towards Multi-Week Low, as GRT Extends Recent Losses
2.6.2022
ATOM fell towards a three-week low on Thursday, as crypto markets were victim to yet another red wave. Overall, markets are down nearly 5% as of writing, with GRT dropping by almost 10% lower on the day. Cosmos (ATOM) ATOM dropped towards a three-week low during Thursday’s session, as global...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,800, BTC Once Again Falls Under $30K
2.6.2022
Despite a strong start to the week, bitcoin fell below $30,000 on Thursday, as crypto bears returned to action. Following an uncertain day of trading yesterday, bearish momentum has taken charge of markets, with ETH also in the red. Bitcoin Following a strong start to the month, BTC fell lower...
Biggest Movers: TRX Moves Towards 7-Month High as KSM Extends Recent Gains
1.6.2022
TRON neared a seven-month high on Wednesday, as prices climbed for a third consecutive session. This came while KSM also rallied earlier today, gaining by double digits on hump-day. TRON (TRX) TRX moved towards a seven-month high during today’s session, as prices climbed by almost 15%...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as June Kicks Off
1.6.2022
Following yesterday’s gains, both bitcoin and ethereum consolidated on Wednesday, as bullish momentum eased. After rallying above $32,000, BTC moved marginally lower during the hump-day session, while ETH once again fell below $2,000. Bitcoin BTC was trading lower on hump-day, as bullish...
Terra Development Team Reveals Some Users ‘Received Less LUNA From the Airdrop Than Expected’
31.5.2022
The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic (USTC) holders. However, on Tuesday the Terra development team revealed that some Terra token owners...
Biggest Movers: WAVES Nearly 60% Higher, as AXS Surges Close to 25% in Today’s Session
31.5.2022
WAVES prices surged by almost 60% on Tuesday, leading gainers in crypto markets during today’s session. This move took prices to a 20-day high, and came as AXS also rallied, climbing by over 25% earlier in the day. WAVES WAVES was one of Tuesday’s biggest gainers, as prices rose...
While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations
30.5.2022
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid...
Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%
28.5.2022
While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs...
Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow
28.5.2022
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept Dogecoin for Merchandise Dogecoin...
Biggest Movers: AVAX and ATOM Over 10% Lower on Thursday
26.5.2022
AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM was also trading in the red, with its value dropping by as much as 13% in the day. Avalanche (AVAX) AVAX was one of today’s biggest losers, as prices...
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900
26.5.2022
Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing. Bitcoin BTC fell below $29,000 earlier in today’s session...