By the numbers, Bitcoin’s network difficulty climbed 5.97% at block height 917,280, landing it the title of this year’s third-biggest jump. Bitcoin Mining Odds Tighten Finding a block just got a whole lot tougher—network difficulty jumped 5.97%, landing at 150.84 trillion. Think of Bitcoin’s network difficulty like the odds of winning a colossal dice-toss lottery […] Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethiopia is fast becoming a haven for Bitcoin miners. A Russian company has set up operations just outside the capital, Addis Ababa, taking advantage of cheap renewable energy. The government says it a smart way to earn revenue and expand power access. But with nearly half of Ethiopia in darkness, critics question whether the bitcoin boom will be felt across the country. So how much does the host country benefit, and could the vast amounts of power consumed be better used elsewhere?…
On-chain analytics firm CryptoQuant has revealed the five key Bitcoin on-chain alerts that could be to keep an eye on in the coming week. Bitcoin Is Observing Developments On These Metrics In a new thread on X, CryptoQuant has discussed about some Bitcoin on-chain alerts that could be to watch amid the consolidation phase in the cryptocurrency’s price. The first indicator shared by the analytics firm is the 60-day change in the market cap of USDT, the number one stablecoin. As is visible in the above chart, the 60-day change…
Bitcoin (BTC) continues to navigate a phase of consolidation, hovering just above $113,000, leaving investors uncertain about the BTC’s next move. This uncertainty has led one analyst, known for accurately predicting BTC’s trajectory during this cycle, to suggest that a new bear market may be closer than many investors anticipate. Bear Market Warning In a recent post on social media platform X (formerly Twitter), the analyst, who goes by the name Doctor Profit, expressed ongoing confidence in his bearish outlook. Since adopting a negative stance in August, he has maintained…
Bitcoin’s hashrate hit beast mode this week, flexing a record-smashing 1,109 exahash per second (EH/s) as the network cranked its computational biceps harder than ever. Meanwhile, Bitcoin’s hashrate fireworks are lighting up merge mined neighbors too, with Namecoin, Rootstock, and Fractal Bitcoin all hitching a ride on the rocket and scoring monster boosts of their […] Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Retrouvez la boutique LEGEND ➡️: Merci à Alexandre d’être passé nous voir chez LEGEND ! Alexandre Roubaud est CEO chez Bitstack, une plateforme qui permet d’épargner et d’investir dans le Bitcoin, sans avoir besoin d’une connaissance approfondie sur le sujet. L’occasion pour LEGEND de parler de cette cryptomonnaie méconnue : son origine, est-ce qu’elle peut durer dans le temps? Pourquoi des pays comme le Salvador l’a adopté comme monnaie nationale. L’investissement dans les actifs numériques comporte un risque de perte partielle ou…
Sani, co‑founder of Time Chain Index, a bitcoin onchain metrics platform, studied the bitcoin address dataset to estimate the number of network users. He found fewer than 20,000 addresses hold over 60% of the supply, while about 3.9 million active users hold the remainder. Report: Bitcoin Is Highly Concentrated, Users Likely Under 4 Million While […] Original
Bitcoin’s weekly Bollinger Bands have coiled to their tightest levels on record—quiet like a library, tense like a drawstring—often a prelude to a forceful move when volatility snaps back. When the Bands Whisper: Bitcoin’s Tightest Weekly Squeeze, Decoded Bitcoin.com News has already published explainers on oscillators and moving averages; consider this your next step in […] Original
With three days left in September, bitcoin hovers around the $109,000 range and the market’s already chanting “Uptober,” the crypto calendar’s most meme-able month for momentum. October Playbook: Why BTC Die-Hards Treat ‘Uptober’ Like a Holiday September hasn’t been a disaster, but it hasn’t been a joyride either. Over the past two weeks, bitcoin has […] Original
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…