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Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains

Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet DrainsAccording to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m. EDT […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market PressuresIn the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days

Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 DaysSimilar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

Bitcoin halving 2024: 5 ways it’s different this time

Since the previous halving, the number of crypto users has surged 400%, not including the impact of the spot Bitcoin ETF launch in the United States.

Another Bitcoin halving has come and gone, the fourth so far, and this one was like no other before it, with institutional investment playing a key role for the very first time.

Bitcoin halvings have been historically associated with one essential similarity — a subsequent spike in BTC price, which often occurs some time after the halving.

While the community has yet to find out whether the fourth halving will follow the same path, some things are already different about the Bitcoin halving 2024.

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Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases

Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back IncreasesBitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty upswing of approximately 22.62% since block height 778,176. Consequently, with the current block times in place, the mining participants of the network may […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

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

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks BenefitIn 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 […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ 

Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation

Stiffing the Staker: The SEC’s Latest Crackdown on Crypto InnovationThe crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following opinion editorial was written by Bitcoin.com’s Business Development Manager […]

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’