Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s mining difficulty appears to be on track for a 10% increase, rising from 34.09 trillion to an all-time high of 37.57 trillion. Upcoming Difficulty Retarget to Boost Hashrate Requirements The leading cryptocurrency network, Bitcoin (BTC), is set to… Source link

This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around the world, one country at a time. Laura and I continue our adventures in Central America with the aim of gaining an in-depth understanding of the peculiar characteristics of Bitcoin adoption in the very different countries there and reporting it without bias on our YouTube channel,… Source link

Bitcoin (BTC) wobbled at $18,000 at the Jan. 12 Wall Street open despite United States inflation continuing to fall. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin traders stay wary post-CPI Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility around the release of Consumer Price Index (CPI) data for December. The first such release of 2023, the event preceded the start of trading on Wall Street, with Bitcoin briefly gapping… Source link

What happened Cryptocurrencies rose Thursday morning as new inflation data for December was in line with expectations. Since Wednesday afternoon, the world’s largest cryptocurrency, Bitcoin (BTC 4.41%), has traded roughly 3.3% higher and had topped $18,000 as of 10:12 a.m. ET today. The world’s second-largest crypto, Ethereum (ETH 4.67%), traded roughly 3.5% higher, while the meme token Dogecoin (DOGE 2.77%) was up about 1.1%. So what Investors were anxiously awaiting key new inflation data… Source link

Blockchain intelligence platform Santiment warns that the massive rally recorded by a top-50 altcoin could be coming to an end. Santiment says that the governance token of the Ethereum (ETH)-based staking network Lido DAO (LDO) is showing a divergence between the price and the number of active addresses as well as network growth. “It’s [Lido DAO] in the process of building the top, in the final stage of divergences. Divergence in network activity and in network growth: Price… Source link

Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. This comes as many expect today’s figures to show a considerable drop in consumer prices. Ethereum also moved higher, climbing above $1,400 in the process. Bitcoin Bitcoin (BTC) surged above $18,000 on Thursday, as markets prepared for a further drop in U.S. consumer prices. BTC/USD raced to an intraday high of $18,268.55 earlier in today’s session, less… Source link

Grayscale Bitcoin Trust (GBTC) shares could succumb to selling pressure from venture capital firm Digital Currency Group (DCG) unloading its GBTC shares. Crypto lender Genesis, owned by the DCG group owes $900 million to Gemini’s “Earn” product users and the two firms are embroiled in a long spat that weighs heavily on the market mood and leading crypto Bitcoin.  Shiba Inu (SHIB) price action tanked 1.5% in late trading on Wednesday after markets got shaken… Source link

Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the “foundation” of a macro bottom. The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading “into the black” as BTC/USD passed $18,000. Bitcoin establishes “massive” accumulation zone After gaining nearly 5% in 24 hours, Bitcoin is back on bulls’ radar ahead of a crunch United States inflation data release. What the impact will be remains uncertain,… Source link

In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung’s investment arm Samsung Asset Management, is set to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market on Jan. 13. The move comes amid a surge in interest from both the government and institutional investors in the region. The Hong Kong Stock Exchange. Source: thetradenews.com The ETF, or exchange-traded fund, will track the spot price of Bitcoin by… Source link

The crypto market is trading in Green. Analytics Insight enlists the top cryptocurrency prices for today On a positive note, the cryptocurrency market stepped into 2023 with an upturn and top cryptocurrency prices were trading higher on Thursday morning. The largest digital asset in the world, Bitcoin gained more than 4% to trade above $18,000, while Ethereum rose over 5% to trade above the $1400 level. It feels like the new year has come with positive vibes to the crypto industry.  On… Source link