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Bitcoin Price Grinds Lower As Risk of Drop To $35K Escalates

[Nov 27, 2023 9:10 PM] Bitcoin price is moving lower below the $37,000 level. BTC could continue to move down toward the $36,000 level or even $35,000 zone in the coming sessions. Bitcoin is showing bearish signs and moving lower from the $37,750 resistance. The price is…

Analyst Sets $47,000 Target For Bitcoin If This Happens

[Nov 27, 2023 1:00 PM] An analyst has explained how $47,360 could be the next target for Bitcoin if the cryptocurrency can clear the $38,500 resistance wall. Bitcoin URPD Suggests $47,360 Holds Next Major Resistance After $38,500 In a new post on X, analyst Ali talked…

Lightning Is Doomed

[Nov 27, 2023 11:02 AM] Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open channels or enforce hung payments on-chain when necessary. It’s all…

DEMAND Launches World’s First Stratum V2 Bitcoin Mining Pool

[Nov 27, 2023 9:25 AM] Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims…

Bitcoin Mining Difficulty Hits New Record High With 5% Rise

[Nov 26, 2023 1:00 PM] The Bitcoin mining difficulty has witnessed another increase in 2023, bringing the metric to a new all-time high. The Bitcoin “difficulty” is a vital aspect of the network that controls the rate at which new blocks are added to the blockchain at a…