ZyCrypto: Network Difficulty On Bitcoin Blockchain Hits New High After Two Major Declines
Friday, 01 April 2022 09:49
Key Takeaways Bitcoin mining difficulty reaches a new all-time high. The climb is coming after two successive drops and a hashrate increase. Bitcoin miners continue to focus on expansion plans. Bitcoin mining difficulty has surpassed its previous all-time high reached last month. According to data from BTC.com,…
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CoinCodex: 19 Millionth BTC Is Mined, Only 2 Million Left to Go
Friday, 01 April 2022 11:06
Bitcoin has reached another milestone with the 19 millionth BTC being mined successfully. This means that over 90% of the BTC that will ever exist has already been mined, although it will take quite a while to reach the full supply cap of 21 million coins.
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Coingape: Is WAVES’ Latest Rally Unsustainable? Crypto Twitter Weighs In
Friday, 01 April 2022 11:52
WAVES, the native token on the eponymous blockchain, rallied 84% in the past seven days. But the move raised a lot of eyebrows, considering that the token was rallying even as most other cryptos were consolidating recent gains. While early speculation suggested that the token, which hit…
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ZyCrypto: PlotX Taps Into Large Markets in Developing Economies to Help Web3’s Growth
Friday, 01 April 2022 12:26
Forty Million people accessed the internet for the first time in South-East Asian countries last year. That makes the total number of internet users here over 950 Million, as per Statista. Many of these people are primarily looking for means of spending money or online entertainment. Such…
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Coingape: Bitcoin Price Prediction: Why BTC Price May Rally By 15% Post Retest
Friday, 01 April 2022 13:27
On March 28th, the Bitcoin(BTC) price turned down from the $48086 mark, the highest level it reached in the past three months. Thus, the coin price plummeted to $45000 breached resistance to reinforce the bullish momentum for another leg-up. Key points: BTC chart shows long-tail rejection at…
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Coingape: “Crypto Could Start To Become Currency”- Morgan Stanley’s Sheena Shah
Friday, 01 April 2022 13:50
Sheena Shah, lead cryptocurrency strategist at Morgan Stanley, in a podcast on Thursday, said cryptocurrencies could start to become a currency as it continues to challenge the dominance of the US Dollar. Crypto has begun a cycle of increased stability and popularity, as consumers and businesses continue…
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Coingape: Goldman Sachs Finds A 40% Increase In Institutional Exposure To Crypto
Friday, 01 April 2022 14:08
Institutions are not getting left behind by the crypto bandwagon. A survey by Goldman Sach reveals that the number of institutional investors with exposure to the crypto market has increased markedly. Institutional investors want more crypto exposure As reported by Arcane Research, 51% of the 172 institutional…
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ZyCrypto: Mysterious Bitcoin Whale Quiet For Over 7 Years Suddenly Woke Up Shortly Before BTC Slipped Under $45k
Friday, 01 April 2022 14:48
After tapping a weekly high of $48,000 on Monday, the bitcoin price erased the gains and dropped to as low as $44,250 on Thursday night after a 5.1% retracement.
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Coingape: Crypto Miner PrimeBlock Seeks Nasdaq Listing In $1.3 Billion Deal
Friday, 01 April 2022 16:29
U.S. crypto miner PrimeBlock said on Friday it had entered a deal to merge with blank-check firm 10X Capital Venture Acquisition Corp. II. The deal was signed at an enterprise value of $1.25 billion. PrimeBlock has over 110 megawatts worth of data centers across 12 facilities in…
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Coingape: Vitalik Buterin Makes A Bullish Case For Bitcoin Maximalists
Friday, 01 April 2022 17:44
Vitaliilk Buterin, the pioneer of the Ethereum blockchain, has not been a fan of Bitcoin maximalism. In several instances, including last year when El Salvador adopted Bitcoin as legal tender, Buterin derided Bitcoin maximalists as being too close-minded for their good. However, in his latest private blogpost,…
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