USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

March 11, 2023 Bitcoin.com

Banking

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

March 9, 2023 Bitcoin.com

billionaire

Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

March 6, 2023 Bitcoin.com

Antpool

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

March 5, 2023 Bitcoin.com

Bitcoin

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault

March 5, 2023 Bitcoin.com

Bitcoin Punks

After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following February Spike in Digital Collectible Purchases During […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

March 4, 2023 Bitcoin.com

Advcash wallet

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

March 3, 2023 Bitcoin.com

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below Billion Range

Altcoins

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

February 28, 2023 Bitcoin.com

3.96 MB

The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants

February 28, 2023 Bitcoin.com

Anonymity

On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together with […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

February 25, 2023 Bitcoin.com

Algorithm

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60 […]

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