Seven-day average hash rate passes 123.4 EH/s for the first time as network fundamentals defy bearish price action. An essential Bitcoin (BTC) metric has hit a new all-time high as miners pledge ever more computing power to securing the network. Data from various resources including Blockchain confirms that on July 6, Bitcoin’s seven-day average hash […]
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Meltem Demirors and Andy Bromberg spoke at a Unitize panel on the future evolution of Bitcoin and how geopolitics is beginning to enter the ecosystem. In little more than 10 years, Bitcoin (BTC) grew from a small cypherpunk community to a matter of national security with vast implications for geopolitics. At the Unitize panel titled […]
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Bitcoin hit new heights on a variety of metrics today, despite some characterising the cryptocurrency as ‘boring’. After weeks of uninspired price action, Bitcoin hit new yearly records today on a variety of metrics: new addresses, active addresses, hourly transaction count and hourly spent outputs. Glassnode CTO Rafael Schultze-Kraft posted on twitter listing the achievements: […]
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A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers. Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead. Stocks optimism […]
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A DeFi lending platform for cryptocurrency, Kava Labs, could be described as the “Uber of Bitcoin,” as the platform represents an Uber-like business model. Today’s most successful entrepreneurs tapped into their wealth through startup technology companies such as Amazon, Oracle, Facebook and Microsoft. Just ask Jeff Bezos, Larry Ellison, Mark Zuckerberg and Bill Gates, who […]
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Core Scientific signs deal to buy Bitcoin mining machines from mining hardware producer Bitmain, company says, as American mining interest goes up. American blockchain hosting provider Core Scientific signed a deal to buy next-generation Bitcoin (BTC) mining machines from major Chinese mining hardware producer Bitmain. Core Scientific will purchase more than 17,000 S19 Antminers from […]
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Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart. On June 26, Chinese firm Ebang was listed on the Nasdaq Global Market under the ticker EBON, becoming the second Bitcoin (BTC) mining manufacturer to go public on a United States stock exchange. […]
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HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500. Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day. The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly […]
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The Bitcoin blockchain network recently saw its biggest mining difficulty adjustment in more than two years. Yet, the sentiment remains positive. The Bitcoin blockchain network experienced its biggest mining difficulty adjustment in over two years on June 17. Surprisingly, the hash rate of Bitcoin has not dropped off by a large margin. The response of […]
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While many experts believe that Telegram has not compromised the security of its customers, some users have reported certain anomalies. In a sudden turn of events, Russia’s communications watchdog — Roskomnadzor — issued a public statement on June 18, announcing that it has lifted its ban on the popular messaging app Telegram. This decision comes […]
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