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Bitcoin Mining Difficulty Is Set to Drop to June 2020 Level This Weekend


Bitcoin mining rigs. Bitcoin (BTC) mining difficulty is set for another notable drop this weekend - this one dragging it down to the June 2020 level. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to drop around 6% in less than two days,...

ETH, Alts Drop Against Bitcoin Again As Market Prepares For Next Move


Bitcoin price declined below USD 33,000 and it revisited the USD 32,200 support. BTC is currently (12:12 PM UTC) recovering above USD 32,500. If It settles above USD 33,200 and USD 33,500, there are chances of a steady increase in the near term. Besides, most major altcoins are struggling...

NFT Market Becomes More Active, But Prices Drop


In June, activity in the non-fungible token (NFT) market increased after it bottomed in May, while average prices seem to be still dropping. For example, yesterday, the number of weekly NFT sales reached 36,050, compared with a low of 12,976 in May, per Nonfungible.com data. Meanwhile, the value...

NFT Startup Valuart to Drop Its First Product - Banksy’s Spike


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Valuart, a fresh blockchain ecosystem that allows users to collect and buy non-fungible tokens (NFTs) from multiple artists, announced its first drop...

Bitcoin Still Commands the 9th Largest Market Capitalization in the World


Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away...

Bitcoin Starts Outperforming Again as Ethereum and Altcoins Drop More


Bitcoin price extended its decline below the USD 33,500 support zone. BTC tested USD 32,600 and it remained well above the key USD 32,000 support zone. It is currently (12:14 PM UTC) trying to move higher above USD 33,000, but a break above USD 34,000 is a must for a stronger increase. In either...

Myriad Proof-of-Work Blockchains See Significant Hashrate Losses


While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable...

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%


Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...

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