Day: July 25, 2023

Bitcoin BTC Price Holds Its Latest Foothold at $29.1K While Worldcoin Soars

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After a rough 2022, bitcoin mining is swinging upward, as CoinDesk analyst George Kaloudis writes. The bear market that sapped prices and publicly traded miners’ stocks tumbling has lessened this year. Crypto mining is now mostly healthy. Bitcoin network’s hashrate, a measure of the amount of computing power committed to running the network, shows a bountiful capacity with which to run crypto’s premier network. As of July 21, Bitcoin’s hashrate was 400 exahash per second, up five-fold from June 2021. And a number of miners have returned to report healthy…

Likely Interest Rate Hike on the Menu as FOMC Begins Latest Monetary Policy Deliberations, but BTC Seems Unchangeable at Present

Crypto markets have been curiously resistant to the latest macroeconomic utterances. With a few blips, bitcoin has been trading in a range between $29,000 and $31,500 for much of the past two months. It was recently changing hands at $29,100, down more than 3% over the past 24 hours. “It will take a fresh catalyst to excite Bitcoin traders,” Edward Moya, senior market analyst at foreign exchange market maker Oanda wrote in a Monday note. Source

Bitcoin network hits block 800,000 milestone, here’s why it matters

Bitcoin’s (BTC) historic achievement of mining block 800,000 marks a pivotal moment in the leading cryptocurrency’s journey. This milestone signifies that Satoshi Nakamoto’s Bitcoin has completed 867 million successful transactions since its first block as the network gets closer to its fourth halving event.  Bitcoin standing the test of time  Bitcoin (BTC), the pioneering digital currency, has surpassed a significant milestone by mining the 800,000th block. Block 800,000 signifies 867 million confirmed transactions, averaging 1,084 transactions per block, all securely stored within a compact 497 GB blockchain.  Bitcoin halving and…

ChatGPT’s take on Dogecoin and Tradecurve’s growth potential 

Many investors actively seek new investment opportunities to diversify their portfolios. Amid this search, Dogecoin (DOGE) and Tradecurve (TCRV) can be options to consider. However, experts and traders are still debating which of the two can provide better returns if added to a diversified portfolio. This article explores the potential of DOGE and TCRV based on ChatGPT’s assessment. >>Register for Tradecurve presale<< ChatGPT’s outlook on DOGE We first asked what ChatGPT thinks of DOGE. The artificial intelligence (AI)-driven chatbot noted that DOGE traded at $0.065350 on July 13. 2023.  The…