2023-2-3 20:43 |
517K+ new jobs were created in January, pushing the unemployment rate to 3.4%. Bitcoin fell to $23,370 shortly after the news was announced.
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Bitcoin jumped nearly 4% in the past day to trade above $60. 42K at press time. Enhanced sentiments toward the upcoming Federal rate decision, the US economy, and US Bitcoin spot ETF flows drove BTC’s jump.
2024-9-18 12:30 | |
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Bitcoin surged almost 6% to above $61,000 before losing momentum as anticipation builds ahead of the Federal Reserve’s key interest rate decision on Sept. 18. This marks the end of a brief three-day dip, where Bitcoin slid from its recent two-week high before rebounding.
2024-9-18 20:30 | |
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Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?
2024-9-7 12:32 | |
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Onchain Highlights DEFINITION: The average estimated number of hashes per second produced by the miners in the network. Bitcoin’s mean hash rate has demonstrated consistent growth over the past year, with significant increases observed in 2024.
2024-8-31 05:00 | |
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Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes (kH/s), megahashes (MH/s), gigahashes (GH/s), terahashes (TH/s), petahashes (PH/s), and exahashes (EH/s).
2024-6-7 13:00 | |
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Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.
2024-6-7 12:00 | |
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Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023.
2024-4-25 19:00 | |
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Bitcoin is stable as Asia begins its trading day, but crypto quant shop sees risk assets pricing in two, not three rate cuts.
2024-4-12 07:41 | |
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Quick Take The Bitcoin network is experiencing a remarkable surge in its hash rate, a crucial metric that reflects the computing power dedicated to processing transactions and maintaining the blockchain.
2024-4-8 18:25 | |
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Quick Take Bitcoin’s hash rate, an essential indicator of network health and security, is in a robust upward trajectory, comfortably exceeding the 400 exahashes per second (eh/s) mark on a 30-day moving average.
2023-10-11 20:40 | |
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Quick Take The recent downturn in Bitcoin can be seen in the fluctuations witnessed in the miner balance. Last week, the Bitcoin hash rate saw a 5% drop from its peak value of 400 eh/s. This was concurrent with an anticipated decline of around 3.
2023-9-5 10:27 | |
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Coinspeaker Bitcoin (BTC) Price Jumps Past $29,000 Soon after Fed Rate Hike Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000.
2023-5-4 13:47 | |
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While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals contribute to daily transactions exceeding 500,000.
2023-5-2 15:02 | |
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Hodlonaut — aka Magnus Granath — asked the Bitcoin community where the flood of additional hash rate was coming from expressing concern at the recent spike. The post Theories abound as Bitcoin hash rate records unprecedented rise appeared first on CryptoSlate.
2023-3-27 15:00 | |
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Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes miners’ profitability, at a time when electricity costs have risen and the Bitcoin price has fallen Overall, a high hash rate implies a healthy and more secure Bitcoin network […] The post What is the Bitcoin hash rate? And why is at all-time highs? appeared first on CoinJournal.
2023-1-27 13:33 | |
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Data shows that Bitcoin miners’ BTC reserves are at their lowest since December 2021, despite a dramatic hash rate renaissance.
2023-1-26 11:55 | |
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Bitcoin has been consolidating since mid-December. Capital refused to enter the cryptosphere after the decision of the Federal Reserve System to increase the discount rate. The US stock market was also under strong pressure, which persisted until early January.
2023-1-16 12:05 | |
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Bitcoin price dipped a few points against the US Dollar after the fed rate hike. BTC remained supported and might eye a fresh increase above the $20,500 resistance. Bitcoin corrected further lower and tested the $20,000 support zone.
2022-11-3 05:38 | |
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The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date.
2022-10-4 12:17 | |
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CoinWarz shows the Bitcoin hash rate continues to explode, hitting a new all-time high of 270 EH/s on Monday before settling around the 220 EH/s today. The post Bitcoin’s hash rate surges despite persistent economic uncertainty appeared first on CryptoSlate.
2022-5-4 00:30 | |
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Market’s speculation of the US Federal Reserve’s interest rate hikes continues to hinder Bitcoin,… The post Higher interest rate concerns put a dampener on Bitcoin, says analyst appeared first on Coin Journal.
2022-2-17 21:07 | |
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It would take an attacker with 100% of current hash rate over two years to rewrite the Bitcoin blockchain, an all-time high.
2022-1-6 07:00 | |
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After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week.
2021-12-9 12:13 | |
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The Bitcoin dominance rate (BTCD) is approaching its yearly lows and could eventually fall towards a new all-time low below 35% The post Bitcoin Dominance Rate (BTCD) Falls, Leading to Gains for Altcoins appeared first on BeInCrypto.
2021-11-25 18:16 | |
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The Bitcoin Dominance Rate (BTCD) has possibly reversed trend after its Sept 10 low and began a new upward movement. The post Bitcoin Dominance Rate (BTCD) Pulls Back, Allowing Altcoins to Flourish appeared first on BeInCrypto.
2021-10-22 19:58 | |
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Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program.
2021-6-18 14:48 | |
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Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally. Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage. The State Grid in […]
2021-5-22 05:02 | |
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Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage.
2021-4-24 01:45 | |
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Glassnode data shows that the hash rate on the Bitcoin network has reached a… The post Bitcoin’s average hash rate trending at a new high appeared first on Coin Journal.
2021-4-8 14:57 | |
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Bitcoin (BTC) hash rate sees 155.4 EH/s even as Bitcoin trades below a declining… The post Bitcoin bulls struggling around $35,000 even as network hash rate rises appeared first on Coin Journal.
2021-1-18 13:51 | |
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The Bitcoin hash rate dove strongly in late October.
The post Analyst: Hash rate signal that preceded Bitcoin’s recent 100% rally will soon appear appeared first on CryptoSlate.
2020-11-12 07:00 | |
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The Bitcoin dominance rate (BTCD) has broken down from a long-term support level. A bounce near 59% is expected before the downward trend resumes. Bitcoin Dominance Rate Woes The Bitcoin dominance rate has been decreasing since May 8 when it reached a high just below 70%.
2020-8-17 15:15 | |
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The Bitcoin dominance rate (BTCD) has broken down from a long-term rising support line. Unless it successfully reclaims the 66. 5% resistance area, the trend remains bearish. Double Bottom The Bitcoin dominance rate has been gradually increasing since June 24.
2020-7-2 00:00 | |
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The “Mona Lisa of the 21st century” will come of age as Trump competes with Maduro and Ayatollah Khomeini for Bitcoin hash rate, Keiser says.
2020-7-1 16:20 | |
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On June 11, the Bitcoin price was rejected by the $10,000 resistance area and has been decreasing since, briefly falling below $9,500. Interestingly enough, this decrease in Bitcoin price has caused a slight increase in the Bitcoin dominance rate.
2020-6-12 04:00 | |
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While Bitcoin?s difficulty is close to its 2019 levels, the hash rate of the flagship blockchain spiked. Why is this meaningful?
2020-6-7 17:47 | |
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The Bitcoin dominance rate (BTCD) has broken out above an important resistance area and validated it as support. As long as it is trading above it, its price movement is considered bullish. The Bitcoin dominance rate has been increasing along with Bitcoin, causing alt/btc pairs to decrease towards their all-time lows.
2020-5-16 07:15 | |
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The block reward halving for the pioneer cryptocurrency, which was definitely the most awaited event this year has finally taken place. As a result, the rate at which new bitcoin’s are minted has just reduced by 50% for the third time in the coin’s history.
2020-5-12 00:30 | |
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The bitcoin exchange rate temporarily exceeded $10,000 four days before halving. On 12 May, the inflation rate in the bitcoin network is scheduled to decrease from 3.6% to 1.8%.
2020-5-12 14:04 | |
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The Bitcoin hash rate spiked to 267 Billion Gigahashes per second on 3rd May 2020, at 11 am UTC, which is the result of significant network growth approaching the next Bitcoin block reward halving in approximately 8 days.
2020-5-7 21:00 | |
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Bitcoin’s hash rate has climbed above its previous all-time high thanks to the latest rally in price. But with volatility a given in the Bitcoin market, the mining industry is... The post A Week from Halving, Bitcoin Hash Rate Breaks New Record appeared first on Crypto Briefing.
2020-5-5 16:54 | |
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As the Bitcoin halving fast approaches, miners are rushing to acquire as most coins as possible before the reward rate is slashed by half, in less than a month. It’s a conclusion reached after Bitcoin’s mining hash rate drastically surged in the past few days.
2020-4-13 12:51 | |
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Bitcoin's hash rate, after registering an all-time high on 1 March 2020, fell drastically as an unexpected crash in Bitcoin's price wiped away its 2020 gains. The fall in hash rate transpired as more The post Bitcoin difficulty expected to drop by 14% after mining readjustment appeared first on AMBCrypto.
2020-3-25 12:30 | |
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Bitcoin’s difficulty and hash rate are beginning to suffer from its price declines, data warns
2020-3-19 18:10 | |
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On Feb. 15, the Bitcoin dominance rate reached a low of 61. 98%. It has been increasing ever since, and today it flipped the previous resistance area as support. Bitcoin Dominance Rate Highlights There is support at 65.
2020-3-12 17:26 | |
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Bitcoin energy value — which seemingly correlates with the coin’s price — and Bitcoin’s hash rate have just hit all-time highs (ATH), showing that the ecosystem is stronger and more valuable than ever.
2020-1-21 21:00 | |
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Coinspeaker Bitcoin Record Hash Rate Means Just One Thing – BuyA measure of the computing power devoted to validating the Bitcoin blockchain, hash rate spent much of 2019 in a continuous growth cycle.
2020-1-2 17:23 | |
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Economists have long suspected a correlation between Bitcoin’s price action and its hash rate. Now, it appears there is a way to predict the market by looking at what happens when Bitcoin’s difficulty is negatively adjusted as hash rate drops.
2019-11-15 10:28 | |
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The Bitcoin Network is about to reach another hash rate milestone despite BTC falling more than $500 in a single day. Network Fundamentals Improving Despite Price Drop Data from Blockchain. com shows the Bitcoin Network hash rate currently at 114 quintillion hashes per second (114 million tera hashes per second — TH/s).
2019-10-24 12:30 | |
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MicroStrategy's increased debt financing for Bitcoin acquisition highlights the growing trend of corporate cryptocurrency investment, impacting market dynamics. The post MicroStrategy upsizes note offering to $2.
With Bitcoin continuing to hit new all time highs, the odds of hitting 100K in 2024 are narrowing.
Bitcoin Puell Multiple nears breakout, indicating a potential 90% price rally, based on mining profitability and historical trends. The post Bitcoin’s Puell Multiple hints at a potential 90% price rally appeared first on Crypto Briefing.
Grayscale's ETF move could enhance Bitcoin's market maturity, offering new income strategies and potentially increasing institutional interest. The post Grayscale files updated prospectus for its Bitcoin Covered Call ETF appeared first on Crypto Briefing.
The total market cap of the miners the bank tracks grew 33% since the end October, the report said.
QCP traders expect a run to $100,000 — nearly 10% higher than the current record of over $93,000 — in the coming months, with those gains flowing into altcoins in a mark of a general “alt season.”
MicroStrategy's aggressive Bitcoin strategy highlights the potential for high returns but also underscores the risks of cryptocurrency volatility. The post MicroStrategy stock soars to record high following $4.