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Bitcoin (BTC) Network Hash Rate fell in June when miners responded to the recent heat wave: JPMorgan

Bitcoin Network monthly average hash rate dropped approx. 3% in June, Wall Street Bank JPMorgan (JPM) said in a research report Tuesday. Hashrate refers to the overall combined calculation strength used to mine and treat transactions on a proof-of-work blockchain, and is a power of attorney for competition in the industry and mining difficulties. It […]

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Bitcoin’s (BTC) 200-week average approaching $ 50,000 to suggest long-term market power

The 200-week simple sliding average (200WMA) For Bitcoin is approaching $ 50,000 currently sitting at approximately $ 49,223, according to Glassnode data. This is one of the very few indicators in Bitcoin that has only risen over time. 200WMA has historically given significant level of support. During the Bear Market 2015, it offered support around

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Profits that take accelerates as BTC realized winnings jump to $ 2.4 B.

The profit tag activity on the Bitcoin network was intensified Monday and held Bitcoin’s Spot price under pressure on the last day of the second quarter. The total amount of realized surge on the chain rose to $ 2.4 billion, with its seven-day average climbing to $ 1.52 billion, the highest since the second half

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Over two -century old German public savings bank networks to offer BTC Trading: Report

Sparkassen, a group of savings banks operating in Germany since the first established in Hamburg in 1778, has decided to introduce cryptocurrency trading services for their customers, according to a Bloomberg report. The group allows private clients to trade cryptocurrencies including Bitcoin And ether, directly through their mobile bank apps via the group’s securities platform,

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Robinhood, Kraken-backed Global Dollar (USDG) is coming to Europe

Global dollar (USDG)A stableecoin issued by regulated Fintech -Paxos and supported by a consortium of heavy mothers that include Robinhood, Kraken and MasterCard are made available to consumers throughout the European Union, according to a press release on Tuesday. USDG is regulated by Europe’s markets in crypto assets (Glitter)The Finnish Economic Supervisory Authority (FIN-FSA)and the

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XRP, TRX, DODE LEAD MAJORS WITH POSITIVE FINANCING RATES, Since BTC’s traditionally weak neighborhood begins

An important metric called eternal financing rates signalizes bullishness for top altcoins like Bitcoin The traditionally weak third quarter starts with a flat price action. Financing rates charged by exchanges every eight hours, see the cost of keeping bullish long or bearish short positions in the eternal (perps) Futures (Without Expired). A positive financing rate

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