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According to Jack Dorsey, Bitcoin is the only currency on the internet 0
- Latest News
- May 19, 2022
On Block’s Investor Day, outspoken CEO Jack Dorsey expressed his aim to turn the payment startup into a digital behemoth with a global footprint and reaffirmed his firm belief in the future of blockchain technology and Bitcoin. He claimed that BTC is the only candidate for Internet money. Block’s operations have developed to the point
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7 Weeks in a Row, Bitcoin Ends in the Red 0
- Latest News
- May 16, 2022
The rollercoaster of the previous seven days resulted in another weekly candle for bitcoin closing in the red. Since a result, the cryptocurrency made history this week, as it was the first time it closed in the red for seven weeks in a row. Last week’s price declines resulted in bitcoin’s weekly closing falling for
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For the First Time in Four Years, Bitcoin (BTC) Posts a Weekly Close Below the 100-DMA 0
- Latest News
- May 9, 2022
Bitcoin (BTC) and the larger crypto market had a harsh sell-off over the weekend, with Bitcoin and the broader crypto market losing about 10%. The larger crypto market has lost $250 billion in investor capital in the previous three days. Bitcoin (BTC), the world’s largest cryptocurrency, has dropped below $33,500 as of last week’s close.
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LUNA is down 8%, and Bitcoin is hovering around $36,000 0
- Latest News
- May 7, 2022
Bitcoin has clearly seen better days, and they weren’t all that long ago. In fact, the cryptocurrency hit a high of $40,000 earlier this week, following the Fed’s announcement that interest rates will be raised by 50 basis points. BTC retraced little after failing at $40,000, but held close to that level for the next
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The Bitcoin Difficulty Has Reached an All-Time High, Despite the Price Remaining Below $40,000 0
- Latest News
- April 28, 2022
According to data given by BTC.com, Bitcoin difficulty has reached a new all-time high of 29.7 trillion. It has increased by more than 5% in the last two weeks, the largest gain since January. Every 2016 blocks, the network adjusts the mining difficulty to ensure that miners aren’t overproducing or underproducing coins. Bitcoin’s hashrate also
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Heavy accumulation protects the Bitcoin line from further decline 0
- Latest News
- April 25, 2022
After failing to garner enough purchasing volume to generate a significant bounce, Bitcoin has been hovering around its ascending support line since mid-April. Its recent performance verified this, as it finally broke past the support line for the first time this year. Since January 2021, Bitcoin has been trading in an ascending support and resistance
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