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While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High
20.11.2021
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward...
Bitcoin and Ethereum Struggle To Move Higher, CRO and SAND Rally
18.11.2021
Bitcoin price attempted a recovery wave above the USD 60,000 level. However, BTC struggled to clear the USD 60,900 and USD 61,000 levels. It is currently (11:56 UTC) declining, with a risk of more losses below USD 59,500.
Similarly, most major altcoins are struggling to start a fresh increase....
China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures
17.11.2021
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial...
Bitcoin and Ethereum Move Higher, CRO Rallies
15.11.2021
Bitcoin price formed a base above the USD 63,500 level and started a fresh increase. BTC broke the USD 65,500 resistance and is currently (04:30 UTC) facing resistance near USD 66,000. A close above this level might start a steady increase in the near term....
Read More: Bitcoin and Ethereum Move...
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase
13.11.2021
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s....
Bitcoin Consolidates While Ethereum and Altcoins Inch Higher
12.11.2021
Bitcoin price declined below the USD 65,000 support level before there was a minor recovery. It is currently (04:20 UTC) trying to recover further and facing a major hurdle near USD 65,500.
Besides, most major altcoins are moving higher. ETH is gaining momentum and it could even surge above...
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....
Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally
11.11.2021
Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs.
Besides, most major altcoins are also trying to recover losses....
Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
10.11.2021
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11....
Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
Bitcoin (BTC): the Crypto King Is Still Giving Higher Returns!
10.11.2021
BTC is a flagship product in the crypto industry and the first to make an everlasting impact despite its energy consumption becoming larger than countries. BTC’s adoption and acceptance by a large number of merchants have helped develop a strong ecosystem. Furthermore, the energy consumption...
AMP Faces Resistance at Higher Levels; Profit Booking Mode!
10.11.2021
AMP token offers something unique and new, a form of collateralizing token that comes with verifiability and assurance for any sort of funds transfer. It provides a special form of collateral partitions and managers, introducing a concept of predefined strategies under which tokens can be staked...
Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply
9.11.2021
DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout
Bitcoin and Ethereum Correct Gains, SOL Inches Higher
3.11.2021
Bitcoin price failed to stay above the USD 62,500 support zone and is now (14:18 UTC) correcting its gains.
Besides, most major altcoins are also moving lower. ETH failed to test USD 4,650 and corrected below USD 4,500. XRP broke the USD 1.20 resistance but failed to stay above this level. ...
NEM Once Again in Action; Can XEM Reclaim Higher Position?
2.11.2021
Despite being down by close to 80% from its March 2021 highs, the XEM token has maintained its position in the top 100 cryptocurrencies. It holds the 75th position and a circulating market capitalization of $1.86 billion. NEM or New Economy Movement tracked its inception to 2015 when its main...
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
Bitcoin and Ethereum Struggle, SOL and SHIB Move Higher
1.11.2021
Bitcoin price failed to gain momentum above the USD 62,500 and USD 62,650 resistance levels. As a result, BTC started a fresh decline below the USD 61,200 support. It is currently (04:33 UTC) trading above USD 61,300 and it might continue moving down.
Besides, most major altcoins are also moving...
Shiba Inu fetches a new ATH — 3 reasons why SHIB keeps jumping higher
27.10.2021
SHIB keeps hitting new all-time highs, but what's really behind the altcoin's moon mission?
How to use stablecoins to earn a higher APY
25.10.2021
Platforms are offering investors several opportunities to earn from stablecoins, some of which extend far beyond cryptocurrency lending
Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower
24.10.2021
Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed...
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...