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Bitcoin price hits $100K for first time in history

Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April's halving and Donald Trump's US election win.

The price of Bitcoin reached $100,000 for the first time in history, marking a milestone for the cryptocurrency market after a year of significant growth.

Bitcoin (BTC) hit the $100,000 price mark on Dec. 5, breaking a psychological level just weeks after reaching the $90,000 milestone on Nov. 12, according to TradingView.

Bitcoin also set a new all-time high of $103,679 around 30 minutes after surpassing the $100,000 mark.

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Machine Learning in Focus as Chainalysis Acquires Hexagate

Bitcoin hits $70K amid huge ETF inflow streak

Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion.

The price of Bitcoin has just crossed the $70,000 milestone for the first time since June 10 following two strong weeks of inflows into the United States spot Bitcoin exchange-traded funds (ETFs).

Bitcoin (BTC) jumped by 3% in the last day to a high of $70,150 on Oct. 28 before falling back below $70,000, TradingView data shows.

Bitcoin’s change in price over the 24 hours. Source: TradingView

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Machine Learning in Focus as Chainalysis Acquires Hexagate

CleanSpark mined 445 Bitcoin in June, surpasses hashrate target

CleanSpark CEO Zach Bradford said his firm has set its sights on increasing future hashrate instead of branching out to alternative revenue streams.

Bitcoin miner CleanSpark increased its Bitcoin production by 6.7% in June and surpassed its mid-year hashrate target of 20 exahashes per second (EH/s).

The United States-based miner only sold 8 of the 445 Bitcoin (BTC) it mined in June, bringing its total Bitcoin holdings to 6,591 BTC as of June 30, worth more than $4 billion at current prices.

In a July 2 statement, CleanSpark CEO Zach Bradford said that the firm’s hashrate now stands at 20.4 EH/s — more than double what it was in December 2023.

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Machine Learning in Focus as Chainalysis Acquires Hexagate

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. […]

Machine Learning in Focus as Chainalysis Acquires Hexagate

Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork

Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard ForkAccording to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment called “devnet 2” for the upcoming upgrade. Ethereum Developers Launch […]

Machine Learning in Focus as Chainalysis Acquires Hexagate

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty IncreaseDuring the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s […]

Machine Learning in Focus as Chainalysis Acquires Hexagate