The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months. That means that mining Bitcoin has not been easier in a whole year. Also, there’s less competition.…
If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed multiple tweets like the one seen below; stablecoin companies, from Tether to Circle and Paxos, are issuing tens of millions of dollars worth of these digital assets day after day.💵 💵 10,000,000 #USDC (10,000,000 USD) minted at USDC TreasuryTx:…
On Wednesday, Bitcoin (BTC) continued to weaken, falling to a weekly low of $9,600 as buyers failed to step up to the plate. As of the time of writing this, the cryptocurrency trades at $9,750, still over 5% higher than the monthly low of $9,150. Related Reading: Analysts Believe Bitcoin is on The Path to…
In recent weeks, Bitcoin and other cryptocurrencies have begun to show life once again,. The bear market is in the rear view mirror now that a bottom has been confirmed. Bitcoin alone has nearly tripled in value in under is six months and is flirting with prices that haven’t been seen in well over a…