Bitcoin

Despite Friday’s significant drop, Bitcoin’s price remains aligned with the behavior of previous cycles. This is a highly positive sign, providing a clear understanding of the current pullback of the leading cryptocurrency. The drop of the pioneering digital currency to February lows this Friday caused a wave of panic among investors. Similarly, the FUD (fear,…

Bitcoin Hashprice Hits Record Lows: What You Need to Know The reward for Bitcoin miners per terahash per second (TH/s) per day, known as the “hashprice,” has reached historic lows. A perfect storm of factors is forcing many small and medium-sized miners to capitulate. Miners’ Daily Rewards and Market Conditions The daily reward for miners…

Comprehensive Guide to Cryptocurrencies: Essential Insights and Trends Cryptocurrencies have fundamentally transformed the financial landscape, presenting new avenues for investment and technological advancement. With a plethora of digital assets available, it’s crucial for both veteran investors and newcomers to understand the intricacies of this market. This comprehensive guide delves into key aspects you need to…

German Government Transfers $94M in Bitcoin to Exchanges The German government’s disengagement from cryptocurrencies is progressing rapidly. A recent transfer of Bitcoin to centralized exchanges has raised alarms among users, suggesting a potential sell-off. This latest move amounted to $94 million. The transfer included approximately ₿1500, distributed among wallets on Kraken, Coinbase, and Bitstamp exchanges.…

Political Memecoins Drop After Trump-Biden Debate Hundreds of millions of viewers worldwide tuned in to the debate between Trump and Biden on Thursday night, an event of global interest, especially for the crypto sector. However, after the debate, cryptocurrencies related to both politicians experienced significant drops, reaching double digits. The reason for the decline was…

Hypothetically, mining 1 Bitcoin could take around 10 minutes. This is because a new block is added to the Bitcoin blockchain, releasing the associated block reward, approximately every 10 minutes. However, in reality, mining 1 Bitcoin in a reasonable timeframe requires a substantial investment in ASIC miners. Currently, the Bitcoin block reward stands at 3.25…

Are you looking to invest in cryptocurrencies but unsure which ones to buy? With numerous options available, it can be challenging to decide where to put your money. That’s why we’ve compiled a list of the top 10 cryptos to buy now, considering factors like project developments, price performance, market capitalization, and growth potential. In…

Whether you’re a novice or an experienced investor, keeping your cryptocurrency in a decentralized wallet is crucial. You retain full control of the wallet, meaning third-party trust or authorization isn’t required. In other words, you become your own banker, the only person with access to the wallet’s private keys. But which decentralized crypto wallets are…

It’s been a remarkable time to be a Bitcoin (CRYPTO: BTC) holder. Since the start of 2023, the leading digital asset has surged 307%. The approval of spot exchange-traded funds (ETFs) and the upcoming halving in April were recent catalysts. Investors might be surprised to learn that gold is also near record highs due to…

The price of bitcoin is expected to skyrocket to $500,000 by the end of the decade, according to a recent report from Bernstein. In an initiation note on MicroStrategy stock, Bernstein analysts Gautam Chhugani and Mahika Sapra predict that bitcoin will rise 659% from Friday afternoon levels to reach half-a-million dollars by 2029. The driving…