Gold prices are wrapping up the week by plummeting to a nine-month low, with the price per ounce descending to $ 1,858 on Thursday. Transitioning into Friday, gold is changing hands at $ 1,870 per ounce, marking a decline of 2.8% over the trailing five days. Concurrently, bitcoin (BTC) prices leaped on Thursday, …
Biggest Movers: SHIB Extends Gains, LINK Hits 5-Week High on Saturday
Shiba inu was a notable mover to start the weekend, as the meme coin rose for a second consecutive session. The surge comes despite the global crypto market cap mostly consolidating today. Chainlink also raced higher, hitting a five-week high. Shiba Inu (SHIB) Shiba inu (SHIB) continued to move away from a recent support point […]
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength
Bitcoin fell below the $ 27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The dollar strengthened across the board following the decision. Ethereum is on the …
Biggest Movers: TON Hits 7-Month High, After Rising 50% in the Last Week
Toncoin rallied to a fresh seven-month high on Tuesday, as Telegram founder Pavel Durov revealed more details about its recent partnership with the blockchain. Generally, the crypto market cap has been higher in the past days, mostly in anticipation of Wednesday’s Federal Reserve interest rate announcement. Solana surged above $ 20.00. Toncoin (TON) Toncoin …
Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps to 57 Trillion, Hashrate Spikes to Fresh New Highs On September 19, […]