The hash rate is the measuring unit of the processing power of the Bitcoin network. The Bitcoin network must make intensive mathematical operations for security purposes. When the network reached a hash rate of 10 Th/s, it meant it could make 10 trillion calculations per second.
Bitcoin dropped over the weekend amid a focus on Chinese mine closures and potential regulatory scrutiny. The largest cryptocurrency fell 5.5% to $34,142 as of 10:50 a.m. Sunday in New York, dropping for the fourth time in the past five sessions. Ether, the second-biggest, declined 5.9% to...
The banning of the social media app Twitter in Nigeria piqued up the need for VPNs to access its server. One VPN service provider (and also antivirus provider) should also grab your attention as a cryptocurrency investor who needs tweets to keep up with information from the crypto space. The...
Let's face it, Latin American leaders have faced decades of repression by the United States - it is said that Bitcoin gives them a way to fight back. El Salvador became the first nation in the world to recognize bitcoin as legal tender and mandate that all businesses in the country accept i...
The Central Bank of Nigeria is looking to launch its own CBDC (Central Bank Digital Currency) by the end of the year. An information technology (IT) specialist at the Central Bank of Nigeria (CBN), Rakiya Mohammed, disclosed that the bank has been exploring the concept of a central bank d...
On June 14, Tanzanian president Samia Suluhu Hassan urged the country’s central bank to begin exploring crypto assets. Tanzania’s president wants the country’s central bank to begin exploring Bitcoin and digital assets. Tanzania appears to be the latest emerging economy poised to embrace...
Two virtues every crypto trader must have are Diligence and Discipline.The Crypto market would always test your patience and capability.Diligence helps you stay committed and think long-term every time you enter the market.Then Discipline helps you master your emotions and gain self-control.This bus...
Cryptography is a science, it involves writing codes (ciphers), in order to have secure communication. Dating back, as far as the Egyptian and Mesopotamian writings of symbol replacement, the earliest version of cryptography were found in the tomb of an Egyptian noble Khnumhotep II, some 3,900 y...
The cryptocurrency market has been gliding this year bringing new investors to the scene, including the largest of corporations. Recent news says the CEO of General Motors said that the carmaker was watching developments after Elon Musk’s Tesla (TSLA), a rival to General Motors (GM), bo...
Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020.Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020.The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were...
Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours (Market Watch) After flirting with the coveted $50,000 price tag, BTC has initiated a leg up that has spiked the price above it. Will this flit be longer than the last ones? only time will tell.Meanwhile, most altcoins ha...
Crypto Asset Giant Expects to Reach $25,000,000,000 in Bitcoin Under Management This YearNew York Digital Investment Group (NYDIG) founder and chairman, Ross Stevens, contends that his firm may hold $25 billion worth of Bitcoin under management by the end of 2021.In a conversation with MicroStrategy...
Bitcoin Price & Technical Analysis: BTC Preserves Impulse for GrowthOn Thursday morning, BTC keeps growing, generally trading at $37,783 USD.Tech analysis of BTC/USDGoogle: the number of requests for buying the BTC beats recordsThe BTC grew by 2,000 USD overnightForecasts for the BTC become every d...
Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It.It’s not just ether (ETH) that’s rallying to a new all-time high Tuesday. Also rising are major decentralized finance (DeFi) tokens as well as cryptocurrencies of the very blockchains competing against the Ethereum system.At...
Bullish weekend momentum sees Bitcoin surpassing $40,000 as altcoins take a beating:The weekend is not a common place for Bitcoin to surge in price. However that is exactly what is happening. The price of BTC surged over $40,000 and is looking to retest the previous all-time high of $41,950. Bitcoin...
Bitcoin Developers Disclose Vulnerability That Has Been FixedA vulnerability affecting earlier versions of Bitcoin Core—the open-source software that powers Bitcoin—was disclosed by Core contributor and developer Andrew Chow on Monday. The issue, that has been fixed, is known to other Bitcoin develo...
Bitcoin Price Correction to End Very Soon, Is the Path to $50K Imminent?Bitcoin Price Expected to Rebound. The accelerated bitcoin price rally appeared to have slowed down slightly by entering an ascending triangle. Moreover, the price is trending close to the support levels at the base of the trian...
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Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020.Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020.The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were...