Bitcoin price tops $68K but a few concerning headwinds remain

Bitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs.Data from resources including MiningPoolStats confirms that Bitcoin’s hash rate hit new all-time highs on Jan. 26.Hash rate passes 300 EH/s thresholdIn another example of Bitcoin’s blitz recovery from the pits of post-FTX woes, network hashing power…

Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story, and the data suggests that professional traders remain highly…

Chainlink’s CCIP goes live on ZKsync, empowers developers to create cross-chain DApps, and fosters greater interoperability.

Ruby on Rails creator makes u-turn on Bitcoin due to Canada’s financial crackdown on COVID-19 vaccine protesters. 807 Total views 5 Total shares Canada’s move to freeze Bitcoin (BTC) wallets and bank accounts related to COVID-19 vaccine protests is driving cryptocurrency adoption, with some crypto naysayers reconsidering their stance on Bitcoin.David Heinemeier Hansson, the Ruby…

Odyssey, the mainnet for the blockchain-based platform TRON, will be upgraded to version 3.6 soon, according to an official blog post by the TRON Foundation on June 18.The TRON network aims to be a platform for creating entertainment-focused decentralized applications (DApps). As stated in the post, developers can create DApps on both the TRON protocol…

Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology.

The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors. 67 Total views 1 Total shares An Australian court has reportedly ordered Meta Platforms, the owner of Facebook, to pay fines amounting to 20 million Australian dollars ($14 million) for collecting…

Security auditing is set to be tokenized by ConsenSys Diligence as TURN tokens are unveiled — creating an open market for the in-demand service. 169 Total views 24 Total shares ConsenSys is set to tokenize smart contract and security auditing services through the upcoming auction of eight “timeboxed” TURN tokens.The Ethereum-focused blockchain software company has…

BTC price momentum is still at least three months from returning upward, says analysis, but the outlook for the coming years should delight Bitcoin bulls.