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Bitcoin encounters $60k resistance amid market uncertainty


Bitcoin’s consolidation phase is not a new phenomenon. If anything, it is giving the market a sense of stability amid the rising uncertainty. A movement within the confined zone is helping traders and investors decide when to withdraw or invest. The same phenomenon has also established a resistance...

Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash Network


The Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network’s throughput. As of 9:24...

El Salvador mined over 474 Bitcoins, expanding its crypto stash


According to a recent report by El Salvador’s official government organization, its coffers presently contain 5,750 Bitcoins. El Salvador has mined nearly 474 Bitcoins for the past three years, and the credit goes to its geothermal powerhouse, which uses volcanoes as fuel. Touted as a green...

Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates


In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month. The...

Could these cryptocurrencies dethrone Bitcoin in 2024?


The cryptocurrency market brims with numerous cryptocurrencies, each being significant in its own way. New crypto coins are mined frequently, creating tough competition for survival among the newbies. Eventually, cryptocurrency lovers find themselves seated at the edge of their seats and pondering...

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