3 reasons why Ethereum price has lagged behind Bitcoin in 2024
Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.
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Bitcoin Network Hash Rate Hits 80 Quintillion for the First Time
Bitcoin (BTC) has passed another network performance milestone this week as the largest cryptocurrency’s hash rate hit a new record high.Bitcoin secured by 80 quintillion hashes per secondData from monitoring resource Bitinfocharts confirmed Bitcoin’s hash rate exceeded 80 quintillion SHA256 hashes per second Aug. 8, the first time such a level has been reached.Hash rate…
Japan Blockchain Association demands tax cuts for crypto
Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. 288 Total views 1 Total shares Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. Japan Blockchain Association (JBA), a non-governmental lobbying group, filed an official request to…
Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’
The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022.Many analysts supported calls for a $100,000 (BTC) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to be…
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country…
5 tips for investing during a global recession
The economy is facing an outlook bleaker than a Welsh weather forecast, and few are rushing to buy risk assets. Here are a few tips for weathering unfavorable market conditions.Option #1: Save cashThere’s no shame in sitting on the sidelines and saving cash or stablecoins. When bullish momentum returns, you will have plenty of dry…
Ethereum Topped Bitcoin In Network Daily Fees Over Weekend
Daily Ethereum network fees have surpassed those of the Bitcoin network and the gap is growing, recent data suggests. 1196 Total views 32 Total shares Daily Ethereum network fees surpassed those of the Bitcoin (BTC) network for two consecutive days on June 6 and June 7, data obtained by on-chain market analysis firm Glassnode shows.According…
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.