Bitcoin Mining Difficulty Hits Record High
The mining difficulty of the world’s largest cryptocurrency, Bitcoin has reached a lifetime high of 29.79 trillion. Bitcoin has withstood an onslaught of sellers as it calmly rose to $39k…
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Bitcoin Eyes $40K, BAYC’s ApeCoin Soars 8% to New ATH (Market Watch)
After charting a new six-week low beneath $38,000, bitcoin reacted well and added almost $2,000 in 24 hours. A few altcoins have also recovered some ground following the latest correction,…
Riot Blockchain To Build a Private Electricity Station For its Bitcoin Miners
Bitcoin mining is a very energy-intensive activity, but that won’t be a problem for Riot Blockchain Inc. This U.S. mining company decided to create its own electrical substation in Texas…
El Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)
According to the American non-profit organization – the National Bureau of Economic Research (NBER) – the majority of El Salvadorans (60%) have not downloaded the Chivo Wallet (a feature that…
Bitcoin is the Perfect Asset for Retirement, Says Michael Saylor
Following Fidelity’s move to offer Bitcoin as part of its retirement 401(k) accounts, MicroStrategy CEO Michael Saylor opined that the digital asset is a perfect fit for retirement, even better…
Rollercoaster: Bitcoin Dumped to 6-Week Low, Dogecoin Plunges 12% (Market Watch)
Just a day after it soared above $40,000, bitcoin reversed its trajectory and dumped to a six-week low beneath $38,000. The altcoins are also deep in the red, with Dogecoin…
Texas’ Fort Worth Becomes the First US City that Mines Bitcoin
Fort Worth, in crypto-friendly Texas, will start mining bitcoin by using three Bitmain Antminer S9 mining rigs donated by the Texas Blockchain Council. The mayor believes the operational cost could…
Bitcoin Less Volatile Than Tesla and Apple for the Past 2 Years, Claims Binance CEO
Changpeng Zhao – Chief Executive Officer of Binance – believes that bitcoin is less volatile than many stocks of tech giants, including Tesla and Apple. He also said the exchange…
Bitcoin Battles for $40K but Was Local Bottom Confirmed? (BTC Price Analysis)
Bitcoin’s price is still consolidating at the $40K area, following a rejection from the 50-day and 100-day moving averages. These levels act as resistance after getting broken to the downside…
Australia’s First Bitcoin and Ethereum ETFs Delayed: Report
Amid the growing anticipation for Australia’s upcoming crypto ETFs, new reports emerged claiming that the launch, originally scheduled to be tomorrow, will be postponed, blaming a third-party broker. CryptoPotato reported…
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