Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping from 217 exahash per second…
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As the world rushes to identify the major use cases of Distributed Ledger Technology, the music industry has continued to rise to the public’s attention. Blockchain is simple to understand at a basic level, existing as a distributed database, where different devices distributed across the network must verify the entries posted. As a result, blockchain…
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During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been 2,759 machines added to the list of 36,659 crypto ATMs…
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The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned. Galaxy Digital has made…
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All that keeps Bitcoin price action from its next milestone is a fresh dip below $45,000. Bitcoin (BTC) consolidated above the 2022 yearly open on April 2 after a return to form briefly saw bulls reclaim $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price holds “crucial” long-term support Data from Cointelegraph Markets Pro…
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Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Crypto industry fires back after EU vote to block unhosted wallets…
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While initial reports suggested that a cold wallet linked to Mt. Gox transferred 6,800 BTC, F2pool founder later confirmed that the address was associated with the early miners of F2Pool, and not Mt. Gox. A recent whale alert misassociated an F2pool cold wallet with Bitcoin (BTC) exchange Mt. Gox, which transferred 6,800 BTC to an…
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NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto markets to start the weekend, as its…
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Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion. Per a report by blockchain research firm TRM which analyzed over 50 crypto donation campaigns, official government entities have received over USD 50m of donations. Other popular non-governmental…
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A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According to the findings of a study undertaken by Mina Sami and…
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