Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC’s strength hold?
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On-chain data shows the weekly average Bitcoin Hashrate has surged to 942 EH/s, putting it within striking distance of the all-time high (ATH). Bitcoin Hashrate Has Gone Through A Recovery Run The “Hashrate” refers to a Bitcoin indicator that keeps track of the total amount of computing power that miners have currently attached to the […]
Bitcoin Long-Term Holders Easing Off On Sales—What’s Happening?
The past week was one of intense volatility for the crypto market, as the Bitcoin price experienced a sharp nosedive from as high as $116,000 to a swing low of about $108,600. While this recent decline has led to worries about the start of a bearish rally, recent on-chain data suggests that the market may […]
Cardano Founder Reveals Who Is To Blame For ADA’s DeFi Decline
Cardano has drawn attention once again following its current price decline that pushed it below $0.57, with network activity and investor confidence showing weakness. Reports have suggested that co-founder Charles Hoskinson blamed the Cardano community for the blockchain’s DeFi stagnation. However, Hoskinson has now publicly refuted those claims, calling them a misrepresentation of his comments. […]