Cryptocurrency Market

  • Market Cap: $3,716,147,483,810.31
  • 24h Vol: $312,291,882,273.27
  • BTC Dominance: 51.92%

Scalability

bitcoin-difficulty-increases-for-third-time-in-six-weeks,-miners-remain-undeterred-with-high-hashrate

Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate

On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin Hashrate Remains High Despite Recent 7.56% Difficulty Rise As of […]

Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate Read More »

ethereum-upgrade-to-implement-beacon-chain-withdrawals-scheduled-for-april-12

Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following

Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12 Read More »

bitcoin-mining-difficulty-reaches-all-time-high-as-miners-face-second-largest-increase-this-year

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year Read More »

eclipse-to-launch-rollup-blockchain-for-polygon-network-with-solana-compatibility

Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility

Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to the Polygon Sealevel Virtual Machine (SVM). How Eclipse’s L2 Scaling Concept Hopes to

Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility Read More »

bitcoin-continues-to-record-blocks-above-the-3.75-mb-range-as-ordinal-inscriptions-near-150,000

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000

As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting

Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000 Read More »

coinbase-ceo-brian-armstrong-expresses-concern-over-rumors-of-sec-ban-on-crypto-staking-for-retail-customers

Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers

Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users to “participate directly in running open crypto networks.” Coinbase CEO Vocalizes Worry Over

Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers Read More »

ethereum-to-reach-peak-of-$2,474-per-token-in-2023,-finder’s-survey-of-crypto-and-fintech-experts-reveals

Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals

Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report, Finder released another survey focused on ethereum, the second-largest crypto asset in terms of market capitalization. Finder specialists believe ethereum will reach

Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals Read More »

shib-token-sees-rise-ahead-of-shibarium-beta-launch

SHIB Token Sees Rise Ahead of Shibarium Beta Launch

The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on top of the

SHIB Token Sees Rise Ahead of Shibarium Beta Launch Read More »