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Bitcoin mining difficulty sets new high of 86T pre-halving

Bitcoin mining difficulty and hash rate continue to increase ahead of the halving, a major industry event expected to occur in eight days. The difficulty of mining Bitcoin BTC tickers down$70,598 continues to grow ahead of the historic halving event, which is poised to cut miner rewards by 50%. Bitcoin mining difficulty has experienced another […]

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7 New Cryptocurrencies to Invest in April 2024

Discover 7 New Cryptocurrencies to Invest in April 2024. Explore their market performance and potential for investment. Investors are always seeking new opportunities with high returns as the cryptocurrency market grows and expands. Amidst crypto marketcrash, several upcoming cryptocurrencies have drawn the interest of both traders and enthusiasts. In this article, we will examine the new

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Bitcoin mining difficulty drops following historical maximum

As a result of the next recalculation, the difficulty of Bitcoin mining decreased by 0.97%, with an indicator of 83.13 T. The average hashrate for the period since the previous value change was 599.71 EH/s. The range between blocks is 10 minutes and 7 seconds. Mining difficulty determines the required total hardware capacity for mining Bitcoin (BTC).

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Binance CEO Richard Teng Reveals End-of-Year BTC Price Prediction, Says Bull Market Just Getting Started: Report

Binance CEO Richard Teng is predicting that Bitcoin (BTC) could reach a new all-time high by the end of this year, according to a Bloomberg report. The report says that Teng sees Bitcoin exceeding $80,000 after earlier estimating that the flagship crypto asset would close 2024 at around that price. According to the report, Teng’s bullish prediction

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Tether Collaborates With FBI and Justice Department To Seize $1,400,000 in USDT From Crypto Wallet

USDT issuer Tether has helped top US government officials seize digital assets from an unhosted crypto wallet. In a new announcement, Tether says it has worked with the FBI and the US Department of Justice (DOJ) to take $1.4 million in USDT from a “scam network.” Says Paolo Ardonio, Tether’s CEO, “We are proud of

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Rapper Drake Posts Michael Saylor’s Bitcoin Video to His 146M Instagram Followers

Michael Saylor said that bitcoin will “eat gold” in an interview with CNBC on Monday. Grammy-award-winning musician Drake posted a clip of Michael Saylor speaking about bitcoin on his Instagram account on Tuesday.The rapper was previously active in the digital assets space when he placed bets for the 2022 Super Bowl through bitcoin and as

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Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

Bitcoin’s (BTC) all-time high of $69,325 has not been hedged for inflation — a dint in the idea that this “digital gold” is a successful store-of-value. When measuring inflation, bitcoin, despite its notable rally in recent months, is still technically worth less than it was at its previous high in November 2021. According to the

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Bitcoin (BTC) Price to Drop 25% Before New ATH, Good Time to Invest in Bitcoin? 

As Bitcoin continues its meteoric rise above $63.9K, seasoned investors brace for the inevitable correction that historically accompanies its upward trajectory. CryptoJelleNL, a respected voice in the crypto community, predicts a 20-25% dip in Bitcoin’s price, offering a lucrative ‘buy-the-dip’ opportunity for investors. Amidst the ultra-bullish wave, some analysts are predicting a short-term correction before

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Bitcoin will soon be ‘halved’—what that means for its price

Bitcoin’s price has surged 36% since spot bitcoin ETFs were approved on Jan. 10. As of Thursday morning, its price was around $62,460. But an upcoming event known as halving could that push price growth further. Halving happens automatically when 210,000 “blocks” are created as part of the bitcoin mining process. This happens approximately every four years, and

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