The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six…
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Twitter, which is now spearheaded by Parag Agrawal, has expanded its tipping feature to include ethereum (ETH) and several other options. Twitter’s official support account unveiled the news on Wednesday, detailing that they have “added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address” for their tip jar feature. Paga…
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The Royal Canadian Mounted Police (RCMP), the country’s federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests…. Read More: Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests…
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Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row. Further cutting into the miners’ profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97 T. … Read More: Bitcoin…
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Bitcoin price struggled to surpass the USD 44,500 resistance zone. There was a downside correction below USD 44,000 and USD 43,500. It is currently (11:51 UTC) showing bearish signs below USD 43,200. Similarly, most major altcoins are also moving lower. ETH traded below USD 3,080, while XRP declined towards the USD 0.80 support. ADA…
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Weeks after memeing the International Monetary Fund (IMF), El Salvador’s outspoken President Nayib Bukele has upped his Twitter game by responding “OK boomers” to a group of United States senators moving to block his bitcoin (BTC) adoption plans…. Read More: US Senators Call for El Salvador Bitcoin Adoption Probe, Bukele Responds with ‘OK Boomer’…
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Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction cost even further. Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain. Avalanche blockchain supports multiple…
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The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week. Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed teases over rate hikes Data from Cointelegraph…
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Comments made by Warren Buffet’s right-hand man and vice chairman of Berkshire Hathaway have gone viral for their imaginative depiction of cryptocurrency. Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates it. Speaking at a shareholder’s Q&A…
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The report defines criminal whales as private wallets that hold more than $1 million worth of crypto with more than 10% of their balances coming from illicit addresses. Chainalysis data shows that 4068 criminal whales (roughly 4% of all whales) are hodling more than $25 billion worth of cryptocurrency between them. The blockchain analytics firm…
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