Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against the U.S. dollar over the lastContinue Reading
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more declineContinue Reading
Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered the market ahead of today’sContinue Reading
The Federal Reserve raised rates by 50 basis points on Wednesday in its latest attempt to curb inflation in the U.S. The U.S. Federal Reserve (Fed) has raised interest rates by 50 basis points in its largest hike since 2000. Bitcoin briefly touched $40,000 after the Fed released its newContinue Reading
Humanity must produce an excess amount of energy in order for forward progress — but with increasing demand, how can we achieve this? Much has been written about how intermittent renewables like wind and solar negatively affect grid stability and often need government subsidies to produce positive financial returns onContinue Reading
Does Bitcoin make you a better person? An exploration into personal development through Bitcoin, inspired by Jordan Peterson’s fourth rule. Chapter 4 of the JBP series. Unless noted otherwise quotes are from Jordan B. Peterson. The series continues. If you’ve not yet read parts one through three, ,” The BitcoinContinue Reading
In Bloomberg Intelligence’s latest report, bitcoin is separating itself from risk assets with increasing HODL behavior and historical patterns suggest a mild down-turn. Bloomberg Intelligence discussed bitcoin and other cryptocurrencies as it relates to adoption, markets and defining asset classes. The report explains how bitcoin is separating itself from standardContinue Reading
Minting of NFT domains with exclusive TLDs like .chain, .metaverse, .vr, .doge, .shib, .bored is now live on the Quik’s NFT domain marketplace! Each of these TLDs has a domain minting limit ranging from 1k to 20k, and they work on a first-come, first-serve basis, so ensure that you don’tContinue Reading
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The central bank warned it will not hesitate to act against entities found to be in breach of the country’s laws.Continue Reading
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the fact that Cubans cannot use certain payment vehicles due to the sanctions placed on CubaContinue Reading
