Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,415,931,900,335.53
  • 24h Vol: $107,054,785,554.26
  • BTC Dominance: 56.44%

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bitcoin-sets-new-transaction-milestones-as-top-ten-busiest-days-occurred-in-2024

Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024

Leave a Comment / Bitcoin, Blockchain, BTC, BTC transfers, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Featured, Hashrate, Miners, network, onchain fees, transactions / / / , , , , , , , , , , ,

In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic […]

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Historic Drop in Bitcoin Revenue Leaves Miners Struggling

Leave a Comment / Bitcoin, Bitcoin (BTC), Blockchain, Crypto, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Hashrate, Mining, network, revenue, Transaction Fees / / / , , , , , , , , ,

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s

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bitcoin-network-hits-75%-progress-towards-next-reward-halving

Bitcoin Network Hits 75% Progress Towards Next Reward Halving

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, dash, Ethereum, evolution, Featured, Halving, inflation, litecoin, Mining, network, Proof of Work, reward / / / , , , , , , , , , , , ,

At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block

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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

Leave a Comment / Algorithm, Antpool, Binance Pool, Bitcoin, Bitcoin Miners, Bitcoin mining, Block Height, Blockchain, BTC Mining, Crypto Hacked, Cryptocurrency, Currency, Decentralized, difficulty increase, Digital, encryption, Ethereum, F2Pool, Finance, Foundry USA, Hashrate, investment, market, Mining, mining bitcoin, Mining BTC, network, Peer-to-peer, revenue, reward, Scalability, Security, Technology, trading, Transaction, ViaBTC, virtual / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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

Leave a Comment / architecture, backwards compatibility, Beacon Chain, Bitcoin, Blockchain, blockchain governance, blockchain protocols, Codebase, community, consensus algorithms, Consensus change, Consensus Changes, Crypto Hacked, Cryptocurrency, Decentralization, dequeued, Developers, EIP-3651, EIP-3855, EIP-3860, EIP-4895, EIP-6049, enhancements, Ethereum, Ethereum Improvement Proposal, execution layer, Fees, Forking, gas costs, Gas limit, Goerli, Hard Forks, mainnet activation, network, network upgrades, node operators, nodes, Optimization, pull-based, push withdrawals, push-based, Scalability, Security, Shapella upgrade, software updates, system-wide changes, Technology, testnets, Validators / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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

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bitcoin-miners-brace-for-another-projected-difficulty-increase-as-hashrate-heats-up-amid-market-uncertainty

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Leave a Comment / Bitcoin, Block reward, Blockchain, computational power, cost, Crypto Hacked, Cryptocurrency, cryptocurrency market, Decentralized, difficulty, Digital Currency, Economics, Ethereum, Fees, Finance, Global Hashrate, Hashrate, investment, market, Miners, Mining, Mining Pools, network, operations, participants, Profitability, Regulation, Speculation, Spot Price, Technology, trading, uncertainty / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty Read More »

avalanche-sees-surge-in-btc-bridged-to-its-network-with-over-$44-million-in-bitcoin-ported-on-thursday

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday

Leave a Comment / Avalanche, AVAX, BENQI, BEP20, Bitcoin, Blockchain, Bridge, bridged Bitcoin, Bridges, BTCB, Crypto, Crypto Hacked, Cryptocurrency, decentralized finance, DeFi, Digital Currency, Dune Analytics, Ethereum, Finance, GMX, investment, lightning network, Liquid, market, network, News, Onchain data, protocol, public channels, RSK, Supply, trading, transfer, Unique addresses, Virtual Currency, WBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday Read More »

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Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

Leave a Comment / 3.96 MB, Average, Bitcoin, block sizes, Blockchain, Blocks, byte, chart, confirmation, Crypto Hacked, Cryptocurrency, data, Decentralized, Ethereum, Fees, GB, gigabytes, growth, Hype, MB, median, metrics, Miners, Mining, network, Network Fees, News, nft, NFTs, nodes, Ordinal inscriptions, Ordinal Trend, ordinals, Profitability, revenue, satoshis, Security, size, subsidy, terabytes, Transaction, trend / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average

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

Leave a Comment / Algorithm, Antpool, Binance Pool, Bitcoin, Bitcoin mining, Block Height, block times, Blockchain, BTC, BTC Mining, Crypto Hacked, Cryptocurrency, Decentralized, difficulty, difficulty increase, Digital Assets, Energy Consumption, Ethereum, F2Pool, Foundry USA, future, Global Hashrate, Hashpower, Hashrate, Innovation, investment, market volatility, Miners, Mining, network, Profitability, Proof of Work, Rewards, Scalability, Technology, transactions, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Decentralization, decentralized applications, Eclipse, Ethereum, EVM, Fees, Grant Recipient, Highly Parallelized, layer 2, Neel Somani, network, Polychain, Polygon, rollup, Scalability, Scaling, Sealevel Virtual Machine, Security, Smart Contracts, Solana, Soma Capital, Standard Set of Tooling, Struck Crypto, SVM, Technology, Terra, Terra-based, traffic, Tribe Capital, use cases, Virtual Machine / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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

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