By Emir Abyazov The hashrate of the Bitcoin blockchain is skyrocketing, exposing the widening gap between the network’s activity and the price of BTC. According to data from Blockchain.com, the hashrate, which shows the processing power required to mine a block on the Proof-of-Work consensus-based Bitcoin network, reached an all-time high of 856 exahashes per […]
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By Marco Piccolo Bitcoin just gave traders the kind of opportunity they dream about. After tapping a new local high of $88,500, BTC dropped sharply to $81,000 on Thursday following a surprise announcement from Donald Trump: sweeping new tariffs on global imports. As traditional markets buckled, crypto followed — with Bitcoin shedding over 8% in […]
By Emir Abyazov Japanese investment firm Metaplanet has increased its investment in Bitcoin by purchasing an additional $13.3 million worth of the cryptocurrency just one day after the largest Bitcoin purchase in the company’s history. The Tokyo-based public company announced on April 2 that it had acquired another 160 BTC for about $13.3 million with […]