Bitcoin mining difficulty reached new maximum

2023-11-13 12:22

As a result of the next recalculation, the difficulty of Bitcoin mining increased by 3.55%. The indicator updated its maximum at 64.68 T, according to BTC.com. The average hashrate since the previous value change was 479 EH/s. The range between…

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Fed raises rates by 25bps; Bitcoin remains essentially flat

Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate.

2023-5-4 21:08


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A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff

Bitcoin is not as scarce as commonly perceived, according to Bitcoin Critic and gold Investor Peter Schiff. Bitcoin has a maximum cap of 21 million, but each bitcoin can be subdivided into a further 100 million smaller units named satoshis in reference to the pseudonym of Bitcoin’s anonymous founder. “The idea that Bitcoin is scarce […]

2021-1-25 18:59


Bitcoin Sell Side Liquidity Crisis in Effect; eToro to Suspend the Buy Orders Due to ‘Unprecedented Demand’

The firm might limit new crypto buy orders and set a temporary maximum crypto exposure to each client amidst the “increased demand for crypto.” The post Bitcoin Sell Side Liquidity Crisis in Effect; eToro to Suspend the Buy Orders Due to ‘Unprecedented Demand’ first appeared on BitcoinExchangeGuide.

2021-1-14 16:17


Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first

The Bitcoin price tends to move in a trend that deals maximum pain for both bulls and bears in the market — and this time is seemingly no different. Based on previous fractals, one popular cryptocurrency technical analyst said that the Bitcoin price is more likely to pull back to the low $5,000s to establish […] The post Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first appeared first on CryptoSlate.

2020-1-23 02:40


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