The cryptocurrency slid on Friday to around $41,000, while some analysts say geopolitical tensions could fuel a run to over $50,000. Source
Bitcoin Drops Under $42K While Active Supply Reaches Yearly High
Day: March 4, 2022
Bitcoin mining difficulty drops for the first time this year
For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of six consecutive positive difficulty adjustments, in which the mining difficulty and hash rate hit all-time highs. The average hash rate over the past two weeks fell to 197.19 exahashes per second (EH/s), making the average block time exceed the 10-minute target at 10 minutes 9 seconds. As a result of the difficulty adjustment, miners competing to solve the next valid block found it marginally easier. Bitcoin mining…
Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset – Op-Ed Bitcoin News
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being — regardless of what colors may be on the flag waving above your head. The Human Cost of Sanctions There are no winners in war. Bankers and politicians start them, and everyday individuals like you…
Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls
Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Europe stocks sink on Friday open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event. Overnight performance, initially showing a recovery, had been stymied by worries over a nuclear power plant fire in Ukraine. Stocks futures fell on the news, the severity of which was subsequently questioned. In Germany, the DAX index hit…
Michael Saylor | Sell Your Altcoins For Bitcoin | Investment Trick Revealed
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Would you sell all your Altcoins For Bitcoin? Here is a little trick you can use with the Bitcoin Dominance chart to enable you to do well no matter what the market throws. Bitcoin today looks a bit unknown so be careful. 🔥 PATREON ►► 🔥 BYBIT ►► 🔥 FREE PREMIUM: 🔥 TRADING INDICATORS: 🔥 BLOCKFI [FREE BTC] ►► ALL MY OFFICIAL LINKS HERE: Thank you for watching … Michael Saylor | Sell Your Altcoins For Bitcoin | Investment Trick Revealed #bitcoin…
Bitcoin Drops for Third Straight Day as Dollar Hits 21-Month High, US Wages Eyed
According to macroeconomic theory, an uptick in wages can push up inflation. As wages rise, employers pass on the increase in labor cost to the final consumer, resulting in an uptick in the general price level in the economy. Workers demand higher wages in response, setting a vicious cycle of wage-push inflation in motion. Source
24 HOURS OF BITCOIN MINING PART 2!!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I’ll show you my Raspberry Pi Bitcoin Mining Rig and my new GekkoScience NewPac & 2Pac USB miners. I also already had the TTBit Bitcoin miner stick, so I’m running all 4 together and showing you the profitability after 24 hours of mining. 💡I really hope you enjoy this video! Remember to subscribe here: 📦 My favorite PCB manufacturer. Always fast delivery and high quality! Check out: Get a $50 coupon as a new user and 10% off PCB…
Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles – News Bitcoin News
On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music fans, as Chartstars aims to “commemorate achievements and milestones on the Billboard Charts.” Billboard Joins the NFT Ecosystem The American music and entertainment company Billboard has revealed it has partnered with Universal Music Group (UMG) in order to enter the growing NFT ecosystem. The company…
What Does an NFT Whitelist Spot Get You?
Getting in on exclusive new NFT drops and bagging a rare collectible for next to nothing is the new-age way of rolling up in a brand new Tesla. But how do people get early access to NFT launches, and how can you get whitelisted for them? While the concept of whitelisting is fairly simple, how it pertains to NFTs might be tricky for those new to this space. In this short guide, we will cover what an NFT whitelist is, the benefits, and how you can get exclusive access to…
A Valuable DeFi Trend You Should Know About: Data Finance (DataFi)
Since 2019, decentralized finance (DeFi) proved a valuable utility for cryptocurrency and likely kickstarted the bull market. Yield farming, staking and lending earned many cryptocurrency investors annual interest rates in double- and even triple-digit territory. Unheard of in traditional finance! But with high returns, investors faced high risks too. Numerous exploits of smart contracts where user funds were drained and malicious activity of DeFi protocols that suddenly withdrew large amounts of cryptocurrency resulted in a healthy amount of skepticism. Also, DeFi moved backstage since speculation around NFTs became a lucrative…