Cryptocurrency Market

  • Market Cap: $2,404,243,935,345.79
  • 24h Vol: $54,843,106,164.32
  • BTC Dominance: 56.56%

Eastern Time

next-bitcoin-mining-difficulty-change-estimated-to-decrease-as-block-times-have-lengthened

Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened

The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since […]

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wrapped-bitcoin-project-sees-18%-redemption-of-circulating-supply-in-54-days

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The Bitgo-backed

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