Auto Added by WPeMatico

Bitcoin Network Sees Second Largest Difficulty Reduction of 2024

On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second…

Continue ReadingBitcoin Network Sees Second Largest Difficulty Reduction of 2024

From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at…

Continue ReadingFrom Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days