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Browsing: Bitcoin
The crypto market is down today, paring Ethereum’s post-Shapella rally with the total cryptocurrency market capitalization losing nearly 4% in 24 hours. Right as some analysts thought that Bitcoin (BTC) was on the cusp of confirming a new bull market, the cryptocurrency market took a downturn amid regulatory uncertainty and signs of weakening macroeconomic conditions. Crypto
Our Crypto IRL series showcases individuals who are leading the charge in the crypto revolution by using cryptocurrency in real life to drive financial inclusivity, enterprise, and innovation.We’re excited to share a recent conversation we had with Bernardo Garcia, Co-Founder of Félix Pago, the world’s first chat-bot on WhatsApp that allows Latino immigrants in the
The Blockchain.com Wallet has evolved to become the Blockchain.com App.Explore a brand new user experience that delivers on all your crypto needs in one place.The brand new Blockchain.com AppUsers often have to make the decision to either trust a third party with theirs private keys or go through the complex process of self-custody. In addition to
Bitcoin has a frequently cited problem–scalability.The Bitcoin network can only handle a certain number of transactions at once, making it take a long time for transactions to go through and impacting the price of fees.One of the leading causes of the scalability problem is that each transaction must be verified by every node in the network
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting
We’re speaking with individuals who are leading the charge in the crypto revolution by using cryptocurrency in real life to drive financial inclusivity, enterprise, and innovation.We’re kicking off this series in La Condesa, a leafy neighborhood in Mexico City where you’ll find Mexico’s only dedicated Bitcoin bar, Bitcoin Embassy Bar.Lorena Ortiz is the Director of Bitcoin
Bitcoin will be just one of the risk assets which “crater” as the Federal Reserve is forced to abandon quantitative tightening in future, the ex-BitMEX CEO warns. In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown” thanks to future United States economic
BTC price may be riding monthly highs, but hardly anyone is sure that the good times are here to stay. Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.”After delivering 25% returns in a single week, BTC/USD remains under suspicion among Bitcoin
BTC price action knocks out resistance levels as $20,000 gets ever closer, but not many are convinced that the Bitcoin bull run will last much longer. Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick.BTC/USD 1-da candle chart (Bitstamp). Source: TradingViewBTC price
No fresh BTC price catalyst from the Fed as Chair Powell fails to mention inflation altogether. Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell keeps quiet on Fed policyData from Cointelegraph Markets Pro
Holding the number one and two spots for overall market cap in cryptocurrency, Bitcoin and Ethereum are often compared against each other.There’s an ongoing debate over which cryptocurrency is better, but focusing on the individual tokens is only part of what makes Bitcoin and Ethereum different–and incredible.The Bitcoin and Ethereum blockchains were created for different purposes
Extreme fluctuations in the price of bitcoin often beg the question: Is BTC still worth buying?If you’re not familiar with Bitcoin, we recently published Bitcoin, Explained that shares the basics of Bitcoin and how it works.Here’s a quick recap:Bitcoin is a blockchain network, while bitcoin or BTC is a cryptocurrency.BTC has largest market cap of any cryptocurrency.BTC enables
Bitcoin network activity is “underwhelming,” the famous analyst says, as further data reaffirms a textbook BTC price bottom in progress. Bitcoin (BTC) only needs one more key on-chain signal for a classic bull market to begin, analyst David Puell says. In a tweet on Dec. 17, the Puell Multiple creator argued that the stage is almost
What is a seed phrase, and why is it important?A seed phrase is your last resort when it comes to accessing the keys to your crypto. Should you ever get locked out of or lose your crypto wallet, your seed phrase can get you back in.But, lose the seed phrase, and the crypto is gone, so
Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX. The value of Bitcoin (BTC) is being touted to drop as low as $5,000 in 2023 according to Standard’s Chartered global research head and chief strategist.As initially reported by Bloomberg, a note to investors published