China and Nigeria have renewed a $ 2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $ 2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between the two countries and expand the use …
Bitcoin had a rough Wednesday, starting the day above $ 62,000 but quickly slipping to a daily low of $ 60,541. The market turbulence didn’t stop there, as over $ 40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations totaling …
According to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has since tumbled 45.6% below its highest value. Crypto Rollercoaster: Newly Launched Crypto Assets See Massive […]
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks, which had the highest difficulty level ever recorded. Bitcoin’s Mining Game: […]
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront Economic Hurdles as Bitcoin Hashrate Dips Bitcoin miners are […]