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Bitcoin plunged below the $26,000 level on Wednesday extending monthly losses to nearly 15% but it has never been more difficult to mine the leading crypto-asset. Despite a severe drawdown…
The choppy market has caused severe headwinds for Bitcoin miners as the hash rate reaches new record highs. The rise comes ahead of the much anticipated halving event slated for…
Bitcoin’s price is still stuck in a narrow range, but it has never been more difficult to mine the world’s largest crypto-asset than it is now. Its network fundamentals paint…
On-chain analysis indicates that Bitcoin market volatility is at its lowest ever period. Crypto analysts have been monitoring historical BTC volatility levels, and they have bottomed out. The last time…
The Bitcoin Hash Ribbon metric had a good run when it came down to signal a buying opportunity. However, the recent downturn of the market, induced by the FTX crash,…
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles. Hash Ribbon indicators use simple daily moving averages to…
While BTC has come down from a massive bear market dump to $19,000, its network hash rate has exploded to an all-time high. Bitcoin miners are currently earning the smallest…
On-chain data shows that Bitcoin’s mining difficulty was lowered to 31.36 trillion hashes at a block height of 756,000. Despite this, the Bitcoin ecosystem is still guarded by the most…
Bitcoin network fundamentals have remained unfazed by its spot price failing to show any crucial breakouts. According to data from BTC.com, its mining difficulty has tapped a new high of…
Bitcoin’s hash rate continues to move in contrast with the asset’s price as it charted yet another new all-time high recently. This comes even after the latest substantial mining difficulty…