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During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since
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Good morning. Here’s what’s happening:Market moves: Bitcoin's price slid in tandem with tech stocks.Technician’s take: BTC downside could persist into the Asia trading day; support around $40K.Catch the latest episodes of CryptoX TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,581 -3.2%Ether (ETH): $3,250 -3.5%MarketsS&P 500: $4,659
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The COVID-19 crisis has done little to dampen China’s interest in becoming the first major economy to distribute a central bank digital currency. Quite the contrary, its digital currency/electronic payment project appears to be picking up speed. In the Shenzhen region, for example, 100,000 local citizens this month received for free
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Brad Garlinghouse, Ripple CEO, recently asserted that his company is ready to align with the new administration policies once Joe Biden assumes the Presidency office. Since the Biden administration taking office in January would be more environmentally-conscious, Ripple CEO advises corporations not to make the costly mistake of converting cash
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Bitcoin has undergone a strong rally over the past few months. From the March lows, the cryptocurrency has
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Uniswap’s UNI token has been struggling to garner any sustainable upwards momentum over the past few days and
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Bitcoin has undergone a strong rally over the past 10 days, moving from $10,400 to a high near
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Daily volumes for bitcoin options hit a new all-time high on Deribit, the exchange that shows no signs of giving up its market leader position. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of
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Multiple analyses have shown that Bitcoin looks primed to see a macro rally despite the ongoing uncertainty and lack of volatility. Related Reading: BTC Just Confirmed a Signal That Preceded Historical 5,000% Rallies Bitcoin Looks Extremely Similar to the Start of Previous Macro Rallies According to a cryptocurrency trader, the simple chart below explains
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In mid-April, news.Cryptox.trade reported John McAfee’s new privacy token called Ghost, as the former anti-virus tycoon detailed “governments will be unable to shut it down.” Ghost won’t be distributed in the usual fashion by leveraging an initial coin offering (ICO), as the project will instead utilize the airdrop process.
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