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BTC mining difficulties set to reach record high in the middle of undulating hash rate

Bitcoin Mining is about to reach a new high highlight once around Midnight UTC in a sign of increased participation from miners making blockchain more secure. The adjustment is likely to exit within the next 100 blocks, with projections showing that the measure increases approx. 4% to 126.95 trillion (T), which eclipses the current 123 […]

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Stableecoins increase demand

Stablecoins play an increasingly important role in both crypto markets and traditional funding, according to a Wall Street Giant Citigroup Friday report. As stableecoin use grows, their demand for short-term US treasuries, although substitution from money market funds can limit the net effect, the report said. Legislation considered in Congress could further anchor this trend

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Ethereum upgrades have failed to increase network activity in meaningful way: JPMorgan

Ethereum Blockchain has not yet seen a significant increase in activity despite consecutive upgrades, Investment Bank JPMorgan (JPM) said in a research report. “Neither the number of daily transactions nor the number of active addresses saw a significant increase after recent upgrades,” analysts wrote by Nikolao’s Panigirtzoglou in the Wednesday report. Nevertheless, the total value

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FTX -Back Payments may have positive market impacts this time: Coinbase -Analysts

The FTX Recovery Trust will start distributing over $ 5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three working days via Bitgo and Kraken. And there is a chance that this wave of repayments will help lift the Crypto market, analysts at

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Bitcoin slides under $ 104k, Kryptos slides as customs tensions in US-China flare up

The markets turned red on Friday on renewed customs related concerns. Bitcoin is down 2.1% over the past 24 hours, shopping just over $ 104,000 after cards hit a session low of $ 103,900. Coindesk 20 – an index of the 20 best cryptocurrencies at market value, except for stableecoins, memcoins and exchange coins –

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