Bitcoin (BTC)

Bitcoin’s hash rate continues to move in contrast with the asset’s price as it charted yet another new all-time high recently. This comes even after the latest substantial mining difficulty increase, which was the largest in over six months. Bitcoin Hash Rate New ATH The hash rate is an essential metric in the BTC network as it shows its robustness based on the number of active miners and the computational devices they have plugged into it. Generally, it declines during the...

Rick Synrod – a former executive with 401k and retirement giant Fidelity – will take over as the new chief operations officer for Bitcoin IRA, a digital currency platform that allows people to place their retirement funds in crypto. Rick Synrod Will Join Hands with Bitcoin IRA Synrod will be responsible for overseeing digital asset operations in his new role. He will also monitor processes, policies, and strategies designed to make Bitcoin IRA reach its financial goals....

Blockchain analysis firm Chainalysis has put out a recent report claiming that from the beginning of the year up through July, just under $2 billion in crypto funds have been stolen by hackers and cyberthieves around the world. Chainalysis Discusses Ongoing Crypto Theft Losses from crypto hacks surged by more than 60 percent in just the first seven months of 2022 alone. Many of these funds were stolen from decentralized exchanges given that they are far less regulated...

There are more hotels around the world willing to accept crypto for room stays and additional payments. It looks like the worlds of digital currency and hospitality are coming together once and for all as more resorts have opened their hearts to the assets. Hotels and Crypto… A Perfect Match! The moves are pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins...

Mit dem „Merge“ genannten Umstieg der Ethereum-Blockchain auf ein neues Validierungsverfahren wird ein großer Teil der Kryptowirtschaft nachhaltiger – und leistungsfähiger. Es wird nicht nur ein gewaltiger Energieverbrauch abgeschaltet. „Das Ethereum-Netzwerk wird wesentlich schneller und günstiger“ sagt Hartmut Giesen, Krypto-Experte bei der Hamburg Sutor Bank. „Ether kann deshalb mittelfristig den Bitcoin als wichtigste Kryptowährung ablösen.“ Das zeigen auch die Transaktionszahlen....

Stellar lumen price started a fresh increase above the $0.1140 resistance zone against the US Dollar. XLM price is now trading above $0.1135 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1050 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1110 and $0.1080 support levels. Stellar lumen price is trading above $0.1350 against the US Dollar, similar...

Ripple price gained pace and cleared the $0.3500 resistance against the US dollar. The price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3600 and $0.3650 support levels. Ripple price is recovering above $0.3500 against the US Dollar, similar to...

The Las Vegas-based cryptocurrency miner – Marathon Digital Holdings – steadily improved its bitcoin production levels in August, mining 184 BTC. It also successfully energized 25,000 of its previously installed miners. The process increased the hash rate to nearly 3.2 exahashes per second. Over the next three months, the company expects to activate 65,000 additional miners and thus reach a computing power of 6.9 EH/s. Marathon Makes a Progress One of the biggest crypto...

The Bitcoin market is often full of surprises and last week was no exception. Bearish sentiment was dominant, and the cryptocurrency seemed to be days away from creating a new lower low. However, a significant price rally has changed the view from a technical aspect. Technical Analysis By: Edris The Daily Chart Looking at the daily timeframe, Bitcoin has bounced back from the key $18K support level once more, and rallied impulsively above the $20K mark last week. The price...

Lillian Finance LLC – a medical blockchain firm – says its new digital currency is doing quite well, having shot up by more than 260 percent in recent months. During a time when digital currencies are not in a good place, Lillian Finance is something of a breath of fresh air. Lillian Finance Is in a Good Place The crypto arena has been suffering heavily for the past several months. Bitcoin, for example, the world’s number one digital currency by market cap, has lost more...