Bitcoin

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times. Why is the Bitcoin Network Congested? The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity. Additionally, the limited block size of 1MB means that only a fixed number of […]

One analyst on X notes that Chainlink is facing a tug-of-war between bullish momentum and strong upside resistance from profit-taking traders. For bulls to add to their longs and extend the uptrend, the existing oversupply must be moped, paving the way for more gains above immediate liquidation levels.  LINK profit taking | Source: Analyst on X Profit

The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional 3.4 exahash per second (EH/s) through the deployment of its proprietary Sealminer A1 mining devices. These advanced rigs are slated for setup within Bitdeer’s mining facilities located in Texas and Norway, targeting the latter half

Ki Young Ju, the founder of CryptoQuant, a crypto analytics platform, now says historic inflow into Bitcoin is the key driver of profitability among short-term whales, including spot Bitcoin exchange-traded fund (ETF) buyers. Referencing on-chain data, the founder notes that these investors have amassed roughly $16.3 billion in unrealized profit, translating to a gain of about 16%. 

Through continued donations and support from the community, we’re thankful to have recently been able to send out over $15,000 USD worth of bitcoin as a gesture of gratitude to people who volunteer to help translate bitcoin.org and spread the word about Bitcoin. Each month, contributors are helping localize bitcoin.org so that more people around

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times. Why is the Bitcoin Network Congested? The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity. Additionally, the limited block size of 1MB means that only a fixed number of

The trackers were off because in addition to the country’s long-standing policy of purchasing one bitcoin per day, El Salvador was also adding tokens via the sale of passports, currency conversions from businesses, and from mining and government services. Source link

Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high. Bitcoin Pullback Is Almost Identical With 2020 Pre-Halving Retrace Bitcoin, the largest cryptocurrency asset, is presently demonstrating

This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology for about a year. Marathon Releases Custom Firmware and MARA UCB 2100 Control Board On March 25, 2024, Marathon (Nasdaq: MARA)

The London Stock Exchange (LSE), facing declining listings and trading activity, is making a strategic move to embrace the booming crypto market. In a notice released today, the LSE announced the launch of a brand new market dedicated to Bitcoin and Ethereum exchange-traded notes (ETNs), set to debut on May 28th, 2024. This initiative marks