Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher Bitcoin’s difficulty reached another all-time high, surpassing the record set two weeks ago, […]
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown: How Faster Discovery is Impacting Bitcoin Difficulty In […]
Bitcoin could see $25K by March 2023 as US dollar prints ‘death cross’ — Analysis
Bitcoin’s price recovery in 2023 has witnessed minimal institutional buying, casting doubt on whether BTC will rally beyond $25,000.This post was originally published on this site
Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.This post was originally published on this site
Ethereum is ahead of Bitcoin this rally — But ETH price still risks 20% crash against BTC
Ether has entered a bearish range that preceded a 35% price crash in the April–May 2022 session. This post was originally published on this site
Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s session. Bitcoin Bitcoin (BTC) was trading […]
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84 trillion. Bitcoin’s Mining Difficulty Adjusts Upwards by 3.44%, […]
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second (EH/s). With lower bitcoin prices and the mining difficulty […]
This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop. This post was originally published on this site
Bitcoin analysts give 3 reasons why BTC price below $20K may be a ‘bear trap’
A set of technical indicators see Bitcoin price ending its prevailing bearish cycle. This post was originally published on this site