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Understanding Crypto Infection: Causes and Effects on the Market
Probably, many have noticed that the fall of bitcoin often causes the fall of the entire crypto market.. This phenomenon is also known as crypto-infection. What is crypto infection Crypto infection is a situation when a negative phenomenon assoc ...
Analysts Expect Bitcoin to Surpass $30,000 This Week
Several analysts of the cryptocurrency market at once expect an increase in the cost of bitcoin above $30,000 this week. Bitcoin analyst Willy Woo shared macro indicators on Twitter, confirming, in his opinion, the uptrend of the first cryptocurrency in terms of capitaliz ...
El Salvador’s Crypto Wallet Chivo Freezing User Accounts and Facing Criticism
The El Salvadoran government-run crypto wallet, Chivo, has recently implemented freezing user accounts and demanding proof of the source of funds. Some users who received funds from Wasabi Wallet, which utilizes Coinjoin technology to obscure transaction monitoring on the network, have been activ ...
Glassnode Report Shows Almost Half of Total Bitcoins Dormant for Over Two Years
Glassnode recently released data indicating that almost 50% of the total volume of bitcoins has been withdrawn from circulation and has remained dormant for over two years. This amounts to roughly 9.45 million BTC, which at current prices is worth approximately $270 billion. Additionally, near ...
Bitcoin’s Course May Change Amid Recession Forecasts, Experts Warn
According to analysts at CryptoPotato, the value of Bitcoin, the first and most popular cryptocurrency, may experience significant changes due to the predictions of an upcoming recession. The experts point to issues being faced by banks in both the US and Europe, and the growing number of negativ ...
Crypto Analyst Credible Believes Bitcoin’s Bull Run Has Begun
Credible, a popular cryptocurrency analyst, has recently expressed his opinion that the first cryptocurrency, Bitcoin, is in the midst of a true bull run that will culminate in the update of its historical maximum. According to Credible, the BTC price movement from June to December last year repr ...
Coinbase CEO Confirms Integration of Lightning Network Protocol for Faster and Cheaper Transactions
The CEO of Coinbase has announced plans to incorporate The Lightning Network protocol into the trading platform's features, which will allow for faster and more affordable transactions. Brian Armstrong recently discussed the impending modifications to the Bitcoin Lightning Network on Coinbase aft ...
Cryptocurrency Weekly Update: Bitcoin Stabilizes, Ethereum Rises on Shapella Update Hype, Cardano Declines
Cryptocurrencies did not show any strong dynamics in the outgoing week. However, for individual coins, large investors continue to increase their positions. What is it connected with? bitcoin Over the week, the cost of bitcoin dropped from $28,4 ...
Australian Entrepreneur Craig Wright Claims Apple Infringes on Bitcoin White Paper Copyright
Craig Wright, the Australian entrepreneur and programmer known in the crypto community as "the self-proclaimed Satoshi Nakamoto," has accused Apple of copyright infringement of the master document for the first cryptocurrency. On April 6, in response to a user's question, Wright stated that he be ...
Bitcoin Mining Difficulty Reaches New Record at 47.89 Trillion Hashes
Bitcoin mining difficulty has recently reached a new milestone, with the figure surging by 2.23% to reach an all-time high of 47.89 trillion hashes. The previous record was set on March 24, 2023, when it reached 46.84 trillion hashes. The mining difficulty of the world's largest cryptocurrency ...
