BTC

BTCs-Hashrate-Hits-New-Records-as-Prices-Test-New-Lows
BTC`s Hashrate Hits New Records as Prices Test New Lows

It is more difficult recently to perform a 51% attack within the Bitcoin network. A 30d EMA’s measurement of BTC`s Hashrate is at an all-time high. With a 24-hour trading volume of $15,932,234,318 USD, the price of one bitcoin is currently $19,161.35 USD. The Hashrate is hitting new highs as Bitcoin’s (BTC) values are reaching new lows due to a more substantial negative drive. As miners continue to make significant investments in the infrastructure of the Bitcoin ecosystem throughout the bear market, network fundamentals are still strong. As a result, it is more challenging to conduct a 51% assault within

The Dow Jones Stock Index is Now More Volatile Than BTC
The Dow Jones Stock Index is Now More Volatile Than BTC

Recent trading has seen stocks and bitcoin (BTC) coexist. Now, the Dow Jones stock index fluctuates more than Bitcoin. Currently, Bitcoin is consolidating below the $20,000 level. With both asset classes facing prevalent macroeconomic conditions, like soaring inflation and interest rate rises, Bitcoin (BTC) has recently traded side by side with equities. However, as the leading cryptocurrency exhibits symptoms of decoupling from equities, Bitcoin’s volatility seems to be calming down in comparison to conventional stocks. In particular, Bitcoin was less volatile as of October 7 than the Dow Jones index, which covers the 30 biggest industrial firms. Given that it

BTC Outperforms The British Pound as GBP Falls Apart
BTC Outperforms The British Pound as GBP Falls Apart

Bitcoin beats fiat currencies by 55%. BTC/GBP exchanges were almost 1,100% higher on Monday than on any other day. The spike was most likely caused by traders trading the Pound for Bitcoin. According to market data firm Kaiko Research, trading volumes between the British pound and the cryptocurrency bitcoin reached a new high after the sterling fell on Monday, indicating a rush by investors to dump their pounds for the digital asset or benefit from arbitrage. The rising BTC/GBP transaction activity demonstrates traders’ preference for the most popular cryptocurrency.  The amount of crypto-fiat transactions on exchanges exceeded a record on

BTC-Mining-Firm-Compute-North-Files-Chapter-11-Bankruptcy
BTC Mining Firm Compute North Files for Bankruptcy

Compute North is the latest crypto-related firm to file for chapter 11 bankruptcy.  The filing states that the firm owes $500M to 200 creditors. Earlier this month, the firm’s CEO stepped down to serve as a chairman. Compute North, one of the largest companies that hosts Bitcoin mining, has filed for chapter 11 reorganization bankruptcy amid the uncertainty of increasing energy costs and the ongoing crypto meltdown. According to the filed document in the Southern District of Texas, the Minnesota-based company owes up to $500 million to not less than 200 creditors, while its evaluated assets accounted for between $100

+5000-EazyPay-Merchants-Now-Accept-Bitcoin
+5000 EazyPay Merchants Now Accept Bitcoin

Bitcoin services are approved by over 5000 Eazypay merchants in Bahrain. This is an excellent development for Bitcoin. The Middle East has focused a lot of emphasis on cryptocurrencies. The king of crypto assets, Bitcoin, is still respected by businesses, investors, and states worldwide. Recently, Bitcoin services have been approved by over five thousand Eazypay merchants in Bahrain.  According to reports, customers may now use their Binance App to scan the generated QR from Eazy’s POS and pay with their choice cryptocurrency at Merchant Stores in “Real-Time.” This is an excellent development for the cryptocurrency pair in the journey to