Cryptocurrency Analysis and News Portal
Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which
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Quick take: An estimated 80 million crypto users now have access to Bitcoin’s Lightning network This is an 800% growth from one year ago when the figure stood at 100,000 The increased access to the Bitcoin Lightning network is due to several applications integrating the payment option Hyperbitcoinization is not the only way the
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Binance-owned Indian crypto exchange WazirX said its userbase has grown by over 10 times to 10 million, this year.WazirX recorded trading volume of over $38 billion YTD, equating to an average month-on-month growth of 44%, the exchange announced on Friday.The company reported growth of 2,648% in user signups from Tier
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This finding, which the blockchain data firm published Tuesday, showed that as cryptocurrency exchange competition has intensified, the crypto market – especially large, sophisticated crypto traders – has favored exchanges with high innovation and scalability. Source
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Cunliffe said that because the crypto industry is growing rapidly and beginning to connect to the traditional financial system, with the emergence of leveraged players and in a mostly unregulated space, systemic risks, while limited now, could grow very quickly. Source
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Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average.In a report released on Tuesday, Chainalysis said Africa’s crypto market increased in value by
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Currency has had a fruitful and largely charmed life, and watching it come into its crypto own is heart-warming indeed. Currency as we know it has been evolving throughout our lifetimes. Along the same timeline and gently curving slope that it has evolved along since the advent of currency. From bartering
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A collection of organizations teamed up to produce a “map” of what the blockchain landscape looks like in Singapore, and it’s a lot bigger in 2020 than it would’ve been in 2019.Supported by a Singaporean governmental agency called the Infocomm Media Development Authority (IMDA), this map is mostly a collection
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Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February.It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over
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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBitstop is propelling the Bitcoin terminalsThe BTC will become successful only if it is used in real life — BakktOn W1, the Bitcoin keeps developing an impulse of decline inside the renewed channel. It seems that the market participants are playing the
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