Bitcoin mining difficulty soars to record high as adoption grows.
Bitcoin mining difficulty on Thursday has hit a new high of 28.59 T surging 4.13% on the entire Bitcoin network. According to BTC.com, the bitcoin mining difficulty has increased after facing two consecutive declines in bitcoin mining. It depicts Bitcoin mining hitting a critical inflection point as the adoption of Bitcoin rises. After reaching a […]
Terra (LUNA) Founder claims to become Largest Bitcoin Holder
Terra’s Founder Do Kwon said that the company would become the world’s largest Bitcoin (BTC) holder in the future. Do Kwon claims to become the largest Bitcoin holder after Satoshi Nakamoto by continuously purchasing Bitcoin for building reserves for the UST stablecoin. The LUNA Foundation Guard (LFG), a non-profit for the Terra ecosystem will buy […]
ETH Whale Adds 421 Billion SHIB Tokens Ahead of Big Announcement
The biggest Ethereum (ETH) whales have been amassing the Shiba Inu (SHIB) token in anticipation of the upcoming announcement. According to WhaleStats , one of the ETH whales named ‘Gimli’ purchased over $11.3 million worth of 421.3 billion SHIBs. The whale added a hefty sum of Shiba Inu coins in just two transactions. ETH whales […]
“I Hold Bitcoin” – Ripple Co-Founder Debunks BTC Ban Proposal
Chris Larsen the co-founder of Ripple debunks the BTC ban proposal claim and recently stated that Bitcoin (BTC) should adopt a low-energy validation technique. He stated in an interview that he has teamed up with Greenpeace to launch a $5 million campaign called “Change the Code, Not the Climate. However, Ohio’s Republican U.S. Rep. Warren […]
Bitcoin stalls after reaching $48,000, Whale activity remains strong
A move to $48,000 for bitcoin on Tuesday, March 29, was met with resistance at the 200-day moving average (DMA). Currently, Bitcoin is experiencing a minor pullback and is trading at a price of $47,131, with a market cap of $895 billion, as of the time of writing this article. Earlier this year, Bitcoin saw […]