Following BTC's Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

news.bitcoin.com

During the past week, Bitcoin's hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to

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Crypto Capitalist Arthur Hayes Issues Fresh Warning, Says Forced Selling Still a Threat to Bitcoin and Ethereum - The Daily Hodl

Former BitMEX CEO Arthur Hayes says “pockets of forced selling” of Bitcoin (BTC) and Ethereum (ETH) could cause the crypto market to dip again in the near future. Hayes notes that Canada's Purpose BTC exchange-traded fund (ETF) sold off a staggering 24,500 Bitcoin on Friday. “I'm not sure how they execute redemptions but that's a The post Crypto Capitalist Arthur Hayes Issues Fresh Warning, Says Forced Selling Still a Threat to Bitcoin and Ethereum appeared first on The Daily Hodl.


Bitcoin Rejected At $21K, Why A Retest Of The Lows Could Be Positive - NewsBTC

Bitcoin seems on the verge of re-testing previous support levels. The number one cryptocurrency has been experiencing a persistent downside which took it to a multi-year low of around $17,000.


Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action - The Daily Hodl

A robot with a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) weather high volatility. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk appetite The post Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action appeared first on The Daily Hodl.

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Trader Who Called Current Market Collapse Makes Bitcoin (BTC) Bottom Prediction – Here's His Price Target - The Daily Hodl

The widely followed trader and analyst who accurately called the current crypto market downturn says the pain is nearly over and has a particular price target for Bitcoin in mind. Pseudonymous trader Capo tells his 400,000 Twitter followers that the flagship crypto asset is in the process of forming a bottom about 17% down from The post Trader Who Called Current Market Collapse Makes Bitcoin (BTC) Bottom Prediction – Here's His Price Target appeared first on The Daily Hodl.


Bitcoin Blockchain Begins To Awaken From Death Spiral - Bitcoinist

Data shows the latest selloff has caused the Bitcoin blockchain activity to come back to life after it had stayed muted for a while now. Bitcoin On-Chain Activity Returns As The Selloff Continues According to the latest weekly report from Arcane Research, the BTC transaction fees has observed a 17% uplift over the past week.


Two Months Of Extreme Fear Leaves Crypto In Panic, Bitcoin At $20K - NewsBTC

Data shows the crypto market has been observing extreme fear for two months now, leaving investors in panic as Bitcoin has crashed to $20k. Crypto Fear And Greed Index Is Still Pointing To “Extreme Fear” As per the latest weekly report from Arcane Research, the cryptocurrency market has now been facing extreme fear for two months now, the longest streak in history.


Going to Zero: Binance.US Now Charges No Fees on Bitcoin Trading for New and Existing Users - CrowdFundInsider

Binance.US, the US-facing version of Binance, the world's largest crypto exchange, has announced it has cut trading fees on Bitcoin to zero.  The promotional move should help to drive new users to the crypto marketplace in a industry that tends to charge relatively high fees.


Bitfarms Mining Giant Sells 3000 BTC And Adjusted Its HODL Strategy - DCForecasts

The BitFarms mining giant sold 3000 BTC and re-adjusted its HODL strategy due to the market crisis that hit the crypto businesses worldwide as we read every day in our crypto news. The Bitfarms mining giant based in Canada announced an adjustment to its HODL strategy to improve the company's liquidity.


Terra Bitcoin mining pool officially launches - The Block

The bitcoin mining pool is a partnership between bitcoin miner Argo and Canada-based DMG Blockchain Solutions. The post Terra Bitcoin mining pool officially launches appeared first on The Block.


Voyager Digital: Exposure to 3AC Consists of 15,250 BTC and $350 Million USDC - CryptoGlobe

On Wednesday (June 22), Voyager Digital Ltd. (TSX: VOYG), the owner of crypto trading platform Voyager Digital, announced that its operating subsidiary Voyager Digital, LLC “may issue a notice of default to Three Arrows Capital (‘3AC') for failure to repay its loan.”  According to Voyager's press release: Voyager's 3AC exposure is 15,250 bitcoins and 350

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