Tag: High

BCH Hits Fresh Multi-Month High, Whilst MATIC Extends Declines  – Market Updates Bitcoin News

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Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which dropped for a fourth straight day. Bitcoin Cash (BCH) Bitcoin cash (BCH) surged to a fresh multi-month high on Tuesday, despite sentiment in crypto markets turning bearish. Following a low of $143.19 to start the week, BCH/USD moved to an intraday high of…

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News

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After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change Estimated to Jump 10.78% to 11.5% Higher In 2022, Bitcoin’s hashrate remained above the 200-exahash-per-second (EH/s) range. However, in 2023, 300 EH/s seems to be the new norm. According to statistics, over the last 2,016…

BTC Consolidates on Tuesday, Following 8-Month High – Market Updates Bitcoin News

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Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the market. Ethereum has also dropped, falling below $1,700. Bitcoin Bitcoin (BTC) fell from earlier highs on Tuesday, as momentum in cryptocurrency markets rapidly changed as the day has progressed. Following a high of $25,126.85 earlier in today’s session, BTC/USD has since gone on to fall to a low of $24,642.57. Tuesday’s…

DOT Remains Near Multi-Month High, as LINK Hits 9-Day High – Market Updates Bitcoin News

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Polkadot remained close to its highest level since September, as bullish sentiment rose to start the weekend. Following a move above $7.00 on Friday, momentum was high during Saturday’s session. Chainlink was also higher, with prices tracking at a nine-day high. Polkadot (DOT) Polkadot (DOT) remained close to a multi-month high on Saturday, following a breakout above a $7.15 resistance level. DOT/USD surged to an intraday high of $7.39 to start the weekend, following a low of $6.71 the day prior. Following Friday’s low, the token rose significantly higher as…

MATIC Rallies, Hitting Fresh 10-Month High – Market Updates Bitcoin News

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Polygon has extended recent gains, with prices climbing to a fresh ten-month high during Friday’s session. The token has now risen for a fourth consecutive session, and is up 13% from the same time last week. Polkadot also rallied on Friday, colliding with a key resistance level in the process. Polygon (MATIC) Polygon (MATIC) rose for a fourth consecutive session on Friday, pushing prices to a fresh ten-month high. Following a low of $1.36 on Thursday, MATIC/USD rallied to an intraday high of $1.48 earlier in today’s session. The move…

FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners – Africa Bitcoin News

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The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required to teach them about crypto and the blockchain. Some of the students insisted they will not quit crypto despite losing funds following FTX’s collapse. Recruited Users Told of Benefits of Using FTX The collapsed crypto exchange FTX reportedly used the promise of significant rewards to encourage African students to recruit new investors to…

MATIC Hits 10-Month High as AVAX Extends Recent Gains – Market Updates Bitcoin News

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Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high. Polygon (MATIC) Polygon (MATIC) surged to a ten-month high earlier in the day, as prices rose for a third consecutive session. MATIC/USD moved to a peak of $1.39 earlier in today’s session, which comes a day after trading at a low of $1.27. As a result of…

Bitcoin price hits $25K in new 2023 high

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The price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin’s price over much of January. The last time Bitcoin’s price was around $25,000 was near mid-June 2022 on its way down to between $19,000 and $21,000, where it had hovered for several months, according to data from CoinGecko. The price of BTC has increased double digits over the last 24 hours to reach the $25,000 milestone. The price of BTC however took a big dip in November following the FTX crisis, which…

Bitcoin BTC Price Rockets Past $24.7K to Hit 6-Month High

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Ether enjoyed an almost equally upbeat day, blasting past $1,700 before settling slightly below this threshold. The second largest crypto in market value was recently up more than 9%. Other major turned bright green over the course of the day with YGG, the token of play-to-earn gaming guild Yield Guild Games, and NEAR, the native crypto of smart contracts platform Near Protocol, each recently rising well over 11%. The CoinDesk Market Index (CMI) a measure of the wider digital asset market’s performance, was recently up 10%. Original