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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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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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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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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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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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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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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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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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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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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