Tag: High

DOGE Hits 1-Week High as Prices Rebound on Tuesday – Market Updates Bitcoin News

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Dogecoin rose to a one-week high on Tuesday, as the meme coin rebounded from recent losses. The token rose by as much as 3% earlier in today’s session, moving away from a recent point of support in the process. Monero was also higher, as bulls pushed it closer to a key resistance level. Dogecoin (DOGE) Dogecoin (DOGE) was trading higher during Tuesday’s session, as bullish sentiment returned to the market. Earlier in today’s session, DOGE/USD raced to an intraday high of $0.06098, which comes less than 24 hours after trading…

Reddit NFT trading volume hits all-time high as wallet holders near 3 million

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According to data provided by Polygon and Dune Analytics, the trading volume of Reddit nonfungible token (NFT) avatars has eclipsed $1.5 million in the past 24 hours. The increase represents over one-third of the collection’s cumulative trading volume of $4.1 million since launch. At the same time, the daily sales volume of Reddit NFTs also witnessed a new all-time high of 3,780 digital collectibles changing hands. Reddit avatars are created by independent artists and are minted as NFTs on the Polygon blockchain. Users can purchase such collectibles on Vault, Reddit’s…

Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High – Mining Bitcoin News

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Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84 trillion. Bitcoin’s Mining Difficulty Adjusts Upwards by 3.44%, Now at 36.84 Trillion This weekend, Bitcoin’s (BTC) mining difficulty jumped 3.44% higher than the height miners dealt with during the past two weeks or the last 2,016 blocks. The network’s difficulty has reached a…

Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty – Mining Bitcoin News

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Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second (EH/s). With lower bitcoin prices and the mining difficulty at an all-time high, the current trends have not pushed bitcoin miners back in the least. Meanwhile, the next difficulty retarget scheduled to occur on or around October 23, shows another increase will take place.…

Dogecoin Hash Rate Hits 7-Month High, But What Are Price Expectations?

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The Dogecoin hash rate has actually seen good growth in the year 2022. At the end of 2021, it sat around 371 terahashes per second (TH/s) and by May had touched as high as 540 TH/s. There wasn’t much increase from there though until the Ethereum Merge happened back in September. Since then, Dogecoin has benefitted from the migration of ETH miners to other networks and its hash rate has touched a new 7-month high due to this. Dogecoin Hash Rate Balloons Earlier in the week, the Dogecoin hash rate…

XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak – Market Updates Bitcoin News

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Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today’s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week peak. Monero (XMR) Despite cryptocurrency markets mostly trading lower on Wednesday, monero (XMR) was one of the exceptions, as it extended recent gains. XMR/USD surged to an intraday peak of $148.46 earlier in today’s session, which comes less…

Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Gains – Market Updates Bitcoin News

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Polygon was one of Tuesday’s notable gainers, as the token rose to its highest point since mid-September. Today’s surge saw prices of the cryptocurrency rise for a third straight session. Cosmos also extended recent gains, climbing to its strongest point in recent days. Polygon (MATIC) Polygon (MATIC) was a notable gainer on Tuesday, as the token rallied for a third consecutive day. MATIC/USD surged to an intraday peak of $0.876 earlier in today’s session, less than a day after trading at a low of $0.8293. This move saw the token…

Blockchain Shardeum Raises $18.2M to Tackle Slow Traffic, High Fees

Shardeum is an Ethereum Virtual Machine (EVM)-based sharded blockchain, meaning anything that works on Ethereum can work on Shardeum. Sharding generally refers to splitting a blockchain’s infrastructure into smaller pieces to improve scalability, a noted problem with Ethereum, and improve both transaction times and fees. Shardeum can scale infinitely, expanding transactions per second as demand increases, explained Shetty. Source link