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Bitcoin Network Sees Simultaneous Surge in Hashrate and Difficulty as 93% of Supply Mined

Benito CormiNov 19, 20232 min read

Bitcoin’s Hashrate Growth in 2023 As of block height 817,532, about 93.08% of all bitcoins, or roughly 19.5 million BTC, have been mined already. Block times…

Thorchain Climbs to Third Place in Decentralized Exchange Rating, Achieves $1.8B Weekly Trading Volume

Benito CormiNov 19, 20232 min read

Thorchain Sees Major Surge in Trading Volume In the last week, Thorchain, a decentralized exchange (dex), has experienced a significant surge in trading activity, reaching a…

Examining the Performance of Bitcoin, Ethereum, and Other Cryptocurrencies Two Years After the 2021 Peak

Benito CormiNov 19, 20232 min read

Cryptocurrencies Aim to Reach Previous Highs in 2023 After the significant 2021 cryptocurrency boom, the crypto economy has been on a downward trajectory, experiencing numerous setbacks.…

Greenidge Generation Resolves Obligations and Offloads South Carolina Bitcoin Mining Facility to NYDIG

Benito CormiNov 19, 20232 min read

Greenidge Generation Holdings Clears $21.8 Million Debt, Sells Mining Site to NYDIG Greenidge Generation Holdings has effectively eliminated $21.8 million in secured debt and has sold…

South Korea’s Cryptocurrency Premiums Surge, with Bitcoin Trading Nearly $1,300 Higher than Worldwide Rates

Benito CormiNov 18, 20233 min read

Growth of Crypto Trading in South Korea Recent data shows that the crypto economy has seen significant growth, with a large portion of trading activity originating…

SEC Delays Decision on Global X Spot Bitcoin ETF, Citing Market Manipulation and Public Input Concerns

Benito CormiNov 18, 20232 min read

Spot Bitcoin ETF Decision Delayed by SEC The U.S. Securities and Exchange Commission (SEC) has postponed the decision on the Global X Bitcoin Trust’s application to…

Analyzing Bitcoin: BTC Faces Resistance at $38,000 Level

Benito CormiNov 17, 20232 min read

Bitcoin’s Recent Price Fluctuations Between November 16 and 17, 2023, bitcoin (BTC) experienced a significant price swing, moving from $35,579 to $37,904 within a 24-hour period.…

Tether’s Strategic Bitcoin Mining Plan and $500 Million Investment Strategy

Benito CormiNov 16, 20232 min read

Tether’s CEO Announces $500 Million Investment in Mining Business Tether Holdings Ltd., the issuer of the leading stablecoin, is set to venture into the mining industry…

Analyzing Bitcoin’s Technical Trends: BTC Enters a Stable Consolidation Period

Benito CormiNov 15, 20233 min read

Bitcoin Market Analysis As bitcoin hovers around $36,209, the cryptocurrency market braces for potential shifts. The day prior, BTC slid to a low of $35,109 per…

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