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DeFi’s agricultural revolution is spurring growth in decentralized exchanges. Meanwhile, the Bitcoin network experienced its lowest difficulty adjustment in 10 years, clocking a negligible change in mining difficulty today, while a novel legal strategy is bringing an initial coin offering project to court. Here’s the story: You’re reading Blockchain Bites, the daily roundup of
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In a boost to bitcoin and the wider crypto industry, the UK ‘s financial watchdog says ownership has spiked by a massive 1.1 million since a survey it carried out a year ago.The UK’s Financial Conduct Authority (FCA) found that a total of 2.6 million people have bought a cryptoasset.The
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The volume of Bitcoin positive sentiments on the popular microblogging platform Twitter has faced a decline since the BTC’s third halving event in May 2020. This could be as a result of the price of Bitcoin not reaching the expected surge following the halving. Bitcoin Sentiment Experiences Significant Dip Post-2020 Halving According
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A report from the Cyber Security Agency of Singapore, or CSA, shows that the number of ransomware attacks cases rose in 2019, compared to figures recorded in 2018.According to a “Cyber Landscape 2019” study published by the Singaporean government, the entity received 35 reports of ransomware incidents in 2019. This
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The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months. Recently, Coinbase researcher Max Bronstein tweeted the chart below and suggested that the most recent surge seems to be
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Bitcoin is trading nicely above the $9,300 and $9,220 support levels against the US Dollar. BTC is likely to continue higher towards $9,500 and $9,800 as long as it is above $9,220.Bitcoin is forming a strong support base above the $9,220 support zone.The price is currently trading above the $9,300
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The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure.According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty increase by 14.95% — the most since January 2018.Bitcoin difficulty shoots up
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As stimulus wears off in July, the stock market might react to weakening consumer health. Q2 earnings season will finally give investors concrete data to trade on. At some point, investors will start to worry about a Democrat sweep in the November elections. Since the stock market crashed in mid-March, shares have done
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Ethereum gained traction above the $245 resistance, but it struggled to clear the $250 resistance against the US Dollar. ETH price is likely to find support near $245 and it could rally again.Ethereum traded to a new intraday high after a spike above the $245 resistance.The price is currently retreating
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Hertz stock doubled in during trading Friday. The recently bankrupt rental car company’s rally is a risky bet against Tesla. And it’s a sign of stock market froth. The Fed’s $3 trillion balance sheet expansion may have something to do with it. The stock market has continued to rally on expectations that the
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