Bitcoin Sharks Continue Accumulation, But Whales Stagnate
On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation. Bitcoin Sharks Have Continued To Go Up In Number Recently According to data from the on-chain analytics firm…
Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been…
Through It All, the Bitcoin Mining Industry Looks Set for Growth
Though the Bitcoin halving will reduce rewards for miners, the prospects for the industry remain bright and innovations like Ordinals promise more demand for miner services in the future.
How Miners Are Preparing for the Next Bitcoin Halving
Bitcoin’s fourth “halving” next April poses miners with strategic questions around equipment, energy use and diversification. This story is part of CoinDesk's Mining Week 2023.
How Texas Became a Global Mecca for Bitcoin Mining
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators…
Here’s Why Shiba Inu Burns Do Not Impact SHIB Price
Shiba Inu (SHIB) is the second largest meme coin and has a special feature compared to Dogecoin: token burns. Hardly any other topic is discussed more frequently in the SHIB community (besides Shibarium) and causes confusion in the process…
Putin signs law on introduction of digital ruble in Russia
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, the governor of the Bank of Russia said.
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29K, With Key US Economic Events Looming
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum…
Litecoin Halving: An Opportunity For Growth Or A Setup For A Sell-Off?
As the crypto market gears up for one of its major network events, the Litecoin (LTC) halving, investors and analysts are peering into the crystal ball of market trends to try to predict the outcome. Slated for early August, the halving has…
First Mover Americas: Bitcoin Starts Week in the Red
The latest price moves in bitcoin (BTC) and crypto markets in context for July 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The Emerging Frontier: How Bitcoin Adoption Is Growing Where It’s Needed Most
This is an opinion editorial by Ben Caselin, chief strategy officer for cryptocurrency exchange MaskEx.As we navigate the uncharted waters of the digital revolution, bitcoin is increasingly finding their footing in economies grappling with currency…
Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain…
XRP Position In The Crypto Top 4 Ranking: Can It Endure?
XRP, riding on its latest price uptrend, achieved a momentous feat by surpassing BNB to claim the esteemed position of the fourth-largest cryptocurrency by market capitalization. Encouraged by the recent non-security ruling following Ripple…
From rugs to riches: UK carpet retailer to adopt Bitcoin Standard
With inflation running high and sluggish UK banking interest rates, small businesses in the United Kingdom are turning to novel solutions to save money.
GLI Token to Be Listed on CoinW and Bitforex – Celebrating Hagia Sophia’s Legacy Through Cryptocurrency
PRESS RELEASE. Turkey, Istanbul – Hagia Sophia, the renowned architectural marvel that has captivated civilizations throughout history, finds a new tribute in the world of digital assets – the GLI Token. This unique cryptocurrency…
XRP Price Analysis: Bull Flag Flashes As Whales Hit New High
Since the summary judgment in the Ripple vs SEC case, XRP has captured the spotlight in the crypto market. Now the fourth-largest crypto by market capitalization, XRP, is currently experiencing a consolidation trend. However, this could just be the…
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