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Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise

Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to RiseAfter bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase is expected to occur in less than four days. Bitcoin’s Hashrate […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days

Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 DaysThe processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17. Bitcoin Hashrate Drops From 249 […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Bitcoin (BTC) Now Ready To Surge, According to Crypto Analyst Nicholas Merten – Here’s His Targets

A popular crypto analyst is laying out a road map for where Bitcoin (BTC) is headed in the coming months as well as the rest of 2022. In a new strategy session, Nicholas Merten tells his 510,000 YouTube subscribers that despite Bitcoin’s dramatic fall from a November all-time high (ATH) above $69,000 to under $34,000 […]

The post Bitcoin (BTC) Now Ready To Surge, According to Crypto Analyst Nicholas Merten – Here’s His Targets appeared first on The Daily Hodl.

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High

City of Miami Gets .25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price HighWhile Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters the power to support, improve and program the Magic City.” […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 MonthsFollowing the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs

Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time HighsDigital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30% or more since 2021’s price […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles

Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End CyclesThe price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by the year’s end. However, […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price HighThe second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction

Plan B Says Bitcoin Price Still ‘on Track Towards 0K’ Despite Missing November’s Price PredictionThis month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still ProfitableWhile bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing power of more than 8 […]

Back to extreme greed past $65K? 5 things to know in Bitcoin this week