Although Bitcoin (BTC) continues to struggle in an attempt to reclaim the highs of last year, the latest data indicates that addresses with at least one BTC is on the rise. As of May 16, 2022, the nu...
Tag: Hits
Here’s the two-faced ETH scenario as average gas fee hits new low
Gas prices on the Ethereum network have been a bane to anyone using it over the past year or so. Prices surged to astronomical highs on several occasions during the 2021 bull market. In 2021, transact...
Ethereum (ETH) Hashrate Hits New All-Time High despite Strong Market Correction
Ethereum miners and mining pools continue to mint money despite strong price corrections. The Ethereum (ETH) hashrate has surged to new highs at the block height of 14,770,231. Last week, the broader ...
Bitcoin mining difficulty hits an ATH of above 30 trillion
The Bitcoin network has continued to establish a high level of security despite growing concerns about the vulnerabilities of blockchain networks. The Bitcoin network mining difficulty is currently at...
Roadblock touched as crypto tax in South Korea hits another hurdle
Digital currency in South Korea by the National Assembly Research Service could be revised A 20% tax on acquires set for 2023 should keep a 2.5 million won ($1,940) edge It will be going against new...
Terra Luna Price Continues to Drop, TerraUSD (UST) Hits New All-Time Low » NullTX
After the UST de-peg, which occurred on May 9th, LUNA and UST prices continued to drop, hitting new all-time lows day after day. While several influencers are urging investors to purchase LUNA at such...
Shiba Inu Holders Keep Adding as Community Hits New Milestones
The official Twitter account of meme cryptocurrency Shiba Inu has reached 3.3 million followers, setting a new milestone. For comparison, rival meme coin Dogecoin also has 3.3 million Twitter follower...
Not Just UST; Terra Crash Hits These Cryptos Hard
Terra’s astronomic crash has largely dented market sentiment this week, and likely fed broader crypto weakness. But the project’s status as a Layer-1 blockchain meant that several tokens, apart from L...
KuCoin Hits $10B Valuation After Rasing $150 Million From Industry Investors
Popular cryptocurrency exchange KuCoin has reached a $10 billion valuation after the company raised $150 million in a just-concluded Series B round. KuCoin Raises $150 Million The funding round saw pa...
Bitcoin (BTC) hits $27000, smart investors buy Gnox (GNOX) Presale and USDT, Here’s Why
It’s a nightmare week for cryptocurrency investors as the sell-off continues. Bitcoin plummeted to its lowest valuation since December 2020, with significant gains wiped away from major altcoins...
Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low
Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler. According to data from on-chain monitoring resource Coinglass on May 13, the Gra...
Shiba Inu Hits 3.3 Million Twitter Followers, A Few Thousand Away From Surpassing Dogecoin
– Advertisement – Shiba Inu continues to record significant growth in various aspects, including social media followers. The Shiba Inu community on popular microblogging platform Twitter h...
GBTC Discount Hits All-Time Low as SEC Mulls Bitcoin ETF
Shares of the Grayscale Bitcoin Trust (GBTC) hit record lows against its net asset value (NAV), trading at a 30.79% discount, data from YCharts shows. GBTC is a private-placement trust that trades lik...
LUNA hits new lows as Kwon pursues plan to restore UST peg
The price of LUNA, the native token of the Terra blockchain, hit new market lows Thursday morning. The cryptocurrency dipped below $0.30 for the first time early on May 12, hitting a low point of $0.2...
As Crypto Markets Rebound, LMAX Hits Highest Volume Yet in 2022
LMAX Digital, an institutional spot cryptocurrency exchange and part of UK-headquartered LMAX Group, hit its peak volume so far in 2022 on Thursday. “Volumes on our institutional crypto currency excha...
Bitcoin Realized Loss Hits Historic Values Following 40% Drop to $26,000
Contents What is realized loss, and how does it affect traders? Largest realized loss since summer 2021 Bitcoin’s profitability faced a big drop in the last few weeks, and the realized losses co...
Bullish momentum to continue as altcoin hits $50.21
Cryptocurrencies prices heatmap, source: Coin360 Solana price analysis for today shows the prices have entered a bullish trend for the past 24 hours. The prices have been trading above the $50.21 supp...
Bitcoin Mining Difficulty Hits 5% ATH
BTC Price at the time of writing – $27,837.42 Major miners are shifting to ETH Network’s difficulty surpassed the 29T area for the first time eve The digging trouble for Bitcoin (BTC) has arrived at ...
S&P 500 Hits New 2022 Low As ‘Staggering’ Market Losses Continue
Topline Markets fell despite a rebound late in the session on Thursday, continuing one of the worst starts to a year in history as mounting losses dragged the benchmark S&P 500 index to a new low ...
Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over
Bitcoin (BTC) nosedived to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone. Even though Bitcoin had regained momentum to hit $27...
Bitcoin Hits Lowest Price Since 2020 as Ethereum Nears $2,000
The price of Ethereum dropped by nearly 10% in 24 hours to put it under the $2,100 mark for the first time since July 2021. Nearly simultaneously, Bitcoin extended its losses by 7% to hit $28,170—its ...
Global blockchain funding hits a record $9 billion growing for the 7th consecutive quarter
Although there has been plenty of bearish sentiment in the cryptocurrency market over the past few months the number of blockchain startups receiving venture capital increased for the seventh consecut...
As Bitcoin Mining Difficulty Hits 5% ATH, Majority Of Miners Shift To Ethereum
The mining difficulty for Bitcoin (BTC) has reached an all-time high, reducing the already diminishing profit margins of miners. The new development could be catastrophic for crypto miners. As it also...
Terra (LUNA) Price Hits Record Low, Can Do Kwon Fix This?
The Terra (LUNA) price has fallen to an all-time low below $1, despite founder Do Kwon’s proposal to fix the UST peg. The token slumped 98% in the past 24 hours, with losses showing no signs of slowin...
Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC’s Correlation with S&P 500 Hits ATH
Bitcoin (BTC) recently hit a 10-month low of $29K as more liquidation engulfed the market. Market analyst Ali Martinez believes a bearish picture is being painted in the BTC market because it has brok...
Parker Conrad’s Rippling Hits $11.25 Billion Valuation As Former Zenefits CEO Rebounds With HR Software
Rippling’s Parker Conrad Timothy Archibald for Forbes “I don’t think Silicon Valley has ever seen a comeback like this before.” Parker Conrad is fully back. Less than seven months after his HR s...
Bitcoin Whales Hits 18 Month Low, While Number Of BTC Exchange Inflows Reaches 6-month High
– Advertisement – Bitcoin numbers are not impressive at all. The crypto market has been having it rough of late, and even the largest coin, Bitcoin, hasn’t been spared. The wrath of the b...
Terra Death Spiral Hits $3 as Bailout Rumors Fade
Key Takeaways Terra’s LUNA token is down another 90% today. Efforts to restore UST’s dollar peg have severely impacted LUNA’s price. Terraform Labs CEO Do Kwon has addressed the community ...
Terra (LUNA) Price Hits Below $10, Is the Price Heading Towards Zero ‘0’?
Terra’s (LUNA) price is plunging very hard amid the deep bearish market sentiments towards the crypto. The price quickly slashed more than 90% in just 2 days, heading firmly towards 0. On the other ha...
Crypto Exchange KuCoin Hits $10B Valuation Following Latest Funding Round
Global cryptocurrency exchange KuCoin has clocked a valuation of $10 billion in its latest funding round, the company announced in a statement on Tuesday. The Seychelles-based firm has raised $150 mil...
‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price...
Bitcoin Hits the Lowest Since July as Its Profitability Goes Down – crypto.news
Bitcoin has been on a losing streak for the past few days, with its prices hitting the lowest ever experienced since July 2021. Bitcoin Profitability Goes Low The general crypto market has followed su...