The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be […]
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $ 73,794 this month by crossing the $ 74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on …
Bitcoin, priced at $ 70,875, has exhibited strong bullish trends within the last 24 hours, with intraday prices ranging from $ 68,819 to $ 71,339. The cryptocurrency boasts a market capitalization of $ 1.39 trillion and a 24-hour trade volume of $ 37.14 billion. Analyzing the 1-hour, 4-hour, and daily …
Gold has continued rising in financial markets, hitting new all-time high (ATH) prices against the U.S. dollar. The precious metal’s price rose to levels close to $ 2,450 per ounce this Monday, fueled by geopolitical tensions and the expectations of a Federal Reserve dovish move on interest rates. Other motives propelling gold prices would …
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250 blocks remaining until block 840,000 is mined. Block 838,656 Marks […]