Cryptocurrency Analysis and News Portal
"Many digital assets should behave more like consumer staples than profitless tech companies due to the high revenues and cash yields, but the market doesn’t seem quite ready to draw a distinction between tokens of recession-proof gaming companies (e.g. ,AXS) and high cash flow exchange companies (e.g., FTT, SUSHI) versus
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At the time of publication, the oldest cryptocurrency was changing hands near $37,000, up slightly over the past 24 hours, according to CryptoX data. Ether, the second biggest cryptocurrency by market capitalization, was trading above $2,400 level, also up slightly over the same period. Source
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Bitcoin (BTC) surged on the Wall Street open on Jan. 20 as news that Russia was planning to "ban" cryptocurrency failed to impact price performance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price climbs $2,500 in 24 hoursData from Cointelegraph Markets Pro and TradingView showed BTC/USD adding $1,500 over several hours on
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At press time, ADA was trading near $1.36, a 10.6% fall in the last 24-hour. Scaling solution Polygon's MATIC token fell 6% even as the network implemented Ethereum's fee-burning mechanism, which will destroy MATIC tokens making its supply deflationary. Solana's token SOL, binance token BNB, and ether each fell over
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Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits
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Bitcoin’s hashrate tapped a lifetime high on the first day of 2022 reaching 209.39 exahash per second (EH/s). During the last 12 months, Bitcoin’s hashrate has increased by 47.92% from the 141.55 EH/s recorded on January 3, 2021. Bitcoin’s Hashpower Reaches a New Milestone The processing power and security dedicated to the
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