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Chile Edging Closer to CBDC Launch

23.4.2024
Chile is tentatively moving toward the launch of a CBDC, with the public seemingly firmly behind the central bank’s plans. The post Chile Edging Closer to CBDC Launch appeared first on Cryptonews

Dogecoin moves closer to dethrone XRP

12.4.2024
Dogecoin is in the 8th spot and XRP is in the 6th, with USDC in between on the list of top cryptocurrencies. However, the trend is expected to flip their positions soon. DOGE is climbing the value at a time when XRP has either halted or is bagging a dip. Also working well for DOGE …

Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer

11.4.2024
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250...

Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining

31.3.2024
The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins....

Bitcoin Technical Analysis: BTC Hits $65K, Edging Closer to Peak Valuation

4.3.2024
In a powerful demonstration of resilience, bitcoin’s value climbed past the $65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $61,769. This climb is supported by a robust trade volume of $42.41 billion and a market capitalization of $1.276...

Ethereum NFT volume inching closer to a new annual peak

12.2.2024
This past week, Ethereum witnessed the biggest volume of NFT trades since late February of last year. Pudgy Penguins’ restoration of the Bored Ape Yacht Club is what caused the increase in NFT trading on Ethereum. This NFT assortment ranks second, according to the organization, with regard...

Bitcoin Surges Past $45,000 as Miner Selling Pressure Eases: CryptoQuant

8.2.2024
Bitcoin has surged over 4% in the past 24 hours, edging closer to the $45,000 threshold for the first time since mid-January. At the time of reporting, Bitcoin was trading at approximately $44,800, marking a 4.6% increase within the day and a notable 6.3% surge over the past week. While the influx...

Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays

6.2.2024
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue...

Belarus Set to Launch Hyperledger Fabric-powered Digital Ruble Platform

30.1.2024
Belarus is edging closer to the launch of its CBDC, the digital Belarusian ruble, with a new “platform” built on the open Hyperledger Fabric blockchain network. Per Ekononmicheskaya Gazeta, the National Bank of Belarus and the Center for Banking Technologies “began developing a platform for...

Solana hits record signups; WEN token airdrop draws closer!

29.1.2024
Starting 2024 on a high note, Solana is continuing its success in 2023. Solana just reached its greatest-ever level of daily new addresses as a seven-day moving average yesterday, according to the data, and earlier this month, the Layer 1 network experienced its largest transaction volumes since...

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