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Bitcoin Mining Difficulty Hits Its 3rd All-Time High in a Row


  Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row. Further cutting into the miners' profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97...

Bitcoin Miners Get Creative as Mining Difficulty Set for New All-Time High


  Bitcoin (BTC) miners are increasingly turning to creative methods to become more efficient, while at the same time attempting to improve the image of the electricity-guzzling industry. The new initiatives come as the difficulty of mining new BTC is already at it its highest level ever, and...

US Senators Fail to Find Stable Ground on Stablecoins


  Stablecoins are not used to pay for real-world goods or services, but are instead a speculative tool for the “shadiest part of the crypto ecosystem,” Democratic Senator Elizabeth Warren said during a hearing on stablecoins in the US Senate Banking Committee yesterday. Others, meanwhile, stressed...

Bitcoin ETFs Remain Popular Among Investors Despite Price Slump


  Exchange-traded funds (ETFs) backed by bitcoin (BTC) futures contracts traded in the US largely retained their trading volumes last week, despite a slump in the bitcoin price over the course of January. According to exchange data, the ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin...

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