Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title. Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash rate is practically at its highest ever. Hash rate vanquishes specter of China Despite the price comedown from $69,000, hash rate is steaming higher, and the chunk of computing power from known pools is now at a historic peak. Hash rate refers to the computing… Source link

by Alexandru Poloboc News Editor With an overpowering desire to always get to the bottom of things and uncover the truth, Alex spent most of his time working as a news reporter, anchor, as well as TV and radio… Read more We live in an era where we can order pretty much everything we want over the internet, with just a few clicks. Paying with cash is so yesterday and… Source link

The origin of the Monero cryptominer file has been traced to a Russian torrent website, researchers report. Global buzz around the release of Spider-Man: No Way Home is making tons of online noise – an ideal environment for cybercriminals to spread a Monero cryptominer disguised as a download of the newly released film. A torrent download of Spider-Man: No Way Home is circulating, infected with a persistent Monero cryptominer,… Source link

Litecoin price has been within a horizontal channel since earlier in the month as fear remains the dominant emotion in the crypto market. The crypto fear & greed index is at 34 in Thursday’s session. Granted, this is an improvement from last week and month’s fear levels of 29 and 33 respectively. However, it is a decline from the previous session’s 45. With the subsequent risk aversion, the altcoin will likely remain in a bear market in the short term.   Litecoin price… Source link

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Hello, Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap the year’s most dramatic moments in cryptocurrency markets – and highlight the key lessons from this fast-evolving corner of global finance. Over a series of eight posts starting on Dec. 20 and running through Dec. 30, we’ll recap what shook crypto markets this year. (For the latest digital-asset prices and news headlines, please scroll down.) Source link

advertisement Decentralized exchange protocol Uniswap has gone live on Polygon, an Ethereum-focused scaling platform. Last month, Polygon co-founder Mihailo Bjelic submitted a proposal on the Uniswap governance portal to deploy Uniswap v3 on Polygon. The Uniswap community then voted to accept the proposal last week. More than 72 million Uniswap (UNI) token holders supported the move, and as a result, Uniswap is now live on Polygon. In other words, Uniswap users can now swap tokens using… Source link

The last two days witnessed a notable recovery for most alts as Ether crossed the $4,000-mark. But the bears were quick to prevent a sustained bullish rally. Accordingly, Litecoin continued its descending triangle while flashing weak near-term technicals.  Avalanche found immediate testing support at the 23.6% Fibonacci level while Algorand struggled to cross the $1.39-mark. Avalanche (AVAX) Source: TradingView, AVAX/USDT AVAX was one of the few cryptos that constantly found higher 

Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold. Stocks fail to compete with BTC, ETH Looking at the stock performance of firms with the largest BTC allocations on their balance sheets, it becomes immediately apparent that it was more profitable to hold BTC than those equities — at least this… Source link

Ethereum (CRYPTO:ETH) has been one of the strongest investments of 2021, its price soaring by more than 437% since the beginning of the year. It’s also one of the priciest cryptocurrencies, however, priced at just under $4,000 per token. As Ethereum continues to grow, it will only become more expensive. If you’re looking for a more affordable investment that has similar growth potential, there’s another cryptocurrency to consider: Solana (