Digital Money Times

#1 Source For Bitcoin And Altcoin News

You are here: Home / Archives for High

Bitcoin Mining Difficulty Set To Hit An All-Time High

By Leave a Comment

It’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. 

Bitcoin Mining Difficulty Set For Record Levels

The mining difficulty expresses the number of iterations miners must execute to obtain the hash of a Bitcoin block. Therefore the higher the number, the more difficult it is to solve a block leading to lower mining profitability.   Read more...

This is a preview of Bitcoin Mining Difficulty Set To Hit An All-Time High. Click Here To Read the full post

BitGeneration Is Bringing Bitcoin Education To Italian High Schools

By Leave a Comment

Starting with 10 meetings, BitGeneration seeks to bring Bitcoin training and education to Italian students.

BitPolito, a group of students from Politecnico di Torino University who seek to address training, research and development on Bitcoin in Italy, have announced “BitGeneration,” a project that aims to bring Bitcoin education to Italian high schools.

According to the press release sent to Bitcoin Magazine, the university will host 10 meetings of three hours each for 30 third, fourth and fifth grade students at a local high school.  Read more...

This is a preview of BitGeneration Is Bringing Bitcoin Education To Italian High Schools. Click Here To Read the full post

Number Of Bitcoin Addresses Holding Over 10+ BTC Reaches Two-Year High

By Leave a Comment

Bitcoin addresses over the last couple of months have been fluctuating between accumulation and dumping. But one important fact is that there has been consistent growth in 2023 despite the market being less than a week into the new year. The important cohort here is bitcoin addresses that are holding more than 10 BTC on their balances.

Small Bitcoin Investors Want A Bigger Slice

According to a chart posted by Glassnode Alerts on Twitter, the number of bitcoin addresses holding more than 10 BTC on their balances has touched a new two-year high. This investor cohort had previously declined especially as the price of the digital asset had suffered multiple dips and crashes.  Read more...

This is a preview of Number Of Bitcoin Addresses Holding Over 10+ BTC Reaches Two-Year High. Click Here To Read the full post

Total Shiba Inu Addresses Touches New High, Will SHIB Price Follow?

By Leave a Comment

Shiba Inu (SHIB) still commands a good amount of crypto investors’ attention despite losing so much of its value over the last year. This is evidenced by the continuous rise in the number of addresses that are holding the meme coin. Once again, the SHIB holder number has hit a new milestone as it crosses 3 million wallets.

More Than 3 Million SHIB Army

The crypto market has been in limbo lately as most of the digital assets in the space consolidate but Shiba Inu has been seeing some good momentum in terms of its holder base. Data from Glassnode shows a slow but steady climb in the number of wallets holding SHIB tokens on their balances and as the year draws to an end, it has reached new peaks.  Read more...

This is a preview of Total Shiba Inu Addresses Touches New High, Will SHIB Price Follow?. Click Here To Read the full post

Riot Blockchain Announces Record High Hash Rate Capacity

By Leave a Comment

Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.

Riot Blockchain has released its unaudited production and operations updates for November 2022. According to the release, the company produced 521 BTC, a 12% increase on its November 2021 production of 466 BTC. It sold 450 BTC, generating net proceeds of $ 8.1 million, and had a deployed fleet of 72,428 miners with a hash rate capacity of 7.7 exahashes per second (EH/s) on 30 November.  Read more...

This is a preview of Riot Blockchain Announces Record High Hash Rate Capacity. Click Here To Read the full post

FTT Token Volatility Remains High, Is This The Next LUNC?

By Leave a Comment

FTT Token remains one of the worst performers in the crypto market this week. The token is already down more than 80% from its last week’s price and continues to show very bearish trends. Now, there has been some recovery for the token in the last day but the volatility still remains high. The price of the coin is yet to hit below zero like LUNC did but the collapse of the FTX exchange suggests that this may be the next LUNC in the making.  Read more...

This is a preview of FTT Token Volatility Remains High, Is This The Next LUNC?. Click Here To Read the full post

FTX Exchange Fixes Withdrawal Complaints From Users During High Token Activity

By Leave a Comment

Amid the decline of its token FTT, FTX is currently experiencing backlashes from users over slow withdrawals. Given the complaints, the crypto exchange responded on its official Twitter account, assuring users that all was well. However, FTX mentioned that node throughput for Bitcoin withdrawal is limited.

The crypto community didn’t buy the exchange’s explanations despite a series of tweet threads in which it addressed their complaint. While some users responded with tweets pledging their support for FTX, others expressed doubts. A user said the exchange’s response indicates all is not well.  Read more...

This is a preview of FTX Exchange Fixes Withdrawal Complaints From Users During High Token Activity. Click Here To Read the full post

Bitcoin Fundamentalism: The Moral And Logical High Ground

By Leave a Comment

A sect of Bitcoin Maximalists known as Bitcoin Fundamentalists are taking over the movement. But is this fundamentalism a threat to Bitcoin or its greatest ally?

This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.”

Fundamentals are fundamentals. They are pure, simple, straightforward and true.

Complexity, on the other hand, is often the enemy of truth, and also of beauty and of progress.  Read more...

This is a preview of Bitcoin Fundamentalism: The Moral And Logical High Ground. Click Here To Read the full post

Why I Left My High Paying Engineering Job In Corporate America For Bitcoin

By Leave a Comment

The traditional path American society set out for you is designed to suppress you. Bitcoin frees you.

This is an opinion editorial by Eric Podwojski, an account manager at Bitcoin Magazine.

Intro

December 2019 — I was sitting in my manager’s office getting ready to have a discussion about a possible promotion, year-end bonus and salary raise. At the time, I was almost two years out of college in my first high paying job out of school. I was working as a civil engineer designing gas pipelines outside of Washington, D.C.  Read more...

This is a preview of Why I Left My High Paying Engineering Job In Corporate America For Bitcoin. Click Here To Read the full post

Crypto Trust Rating High Despite Bear Market Negativity, Study Shows

By Leave a Comment

Crypto users in the United States exhibited increased loyalty and trust in digital assets despite the crippling bear market.

A Q2 Crypto Pulse Study validated that the increased volatility of crypto prices have failed to dampen the enthusiasm of Americans in the asset class.

The study covered more than 28,000 retail and institutional traders and investors coming from 23 countries and showed that a large fraction of investors are taking advantage of the bear market, making it a springboard for the next big wave.

Americans Remain Bullish Despite Crypto Slump  Read more...

This is a preview of Crypto Trust Rating High Despite Bear Market Negativity, Study Shows. Click Here To Read the full post

Fiat Infects Relationships With High Time-Preference

By Leave a Comment

Relationships are another victim of the high time-preference infection created by fiat money.

This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.

Link to audio read of the article.

Our relationships have an unwelcome intruder, and that’s the government.  Read more...

This is a preview of Fiat Infects Relationships With High Time-Preference. Click Here To Read the full post

Ukraine High Ranking Officer Shares Thoughts On Crypto Assets, Says It’s Important

By Leave a Comment

One of the advantages of using crypto is to ease cross-border transactions. Crypto makes the process swift, simple and affordable. Another reason to applaud crypto is the anonymity in users’ transactions.

Anyone can send money anywhere without compromising their identity. This mode of operation has been frowned at as promoting money laundering and other nefarious illegal financial activities. But even though it has disadvantages, it also helps users to simplify transactions.

Crypto has proven its worth in sending donations to Ukraine to support its efforts amid the war with Russia. There have been a lot of contributions to this country, most of which are facilitated with crypto mechanisms. However, donating to the government would not be accessible if not for the decentralized system of operations.  Read more...

This is a preview of Ukraine High Ranking Officer Shares Thoughts On Crypto Assets, Says It’s Important. Click Here To Read the full post

New High Tax Rate On Crypto Miners In Kazakhstan, Here’s Why

By Leave a Comment

Kazakhstan has imposed new tax rules on crypto miners, this new taxation system shall be differentiating the tax rates on crypto mining. It also includes crypto miners that use renewable energy resources. President of Kazakhstan Kassym-Jomart Tokayev has signed this law which shall be amended into the country’s Tax Code.

The amount of tax levied shall be related to the amount and average price of electricity that miners are consuming during the extraction of cryptocurrencies such as Bitcoin. There has been constant attempts to regulate crypto mining activities including Bitcoin and other cryptos in Kazakhstan.  Read more...

This is a preview of New High Tax Rate On Crypto Miners In Kazakhstan, Here’s Why. Click Here To Read the full post

Bitcoin Falls Below $18,000 After Breaching The 2017 High

By Leave a Comment

Bitcoin extended losses below $ 18,000 after it breached a prior cycle’s all-time high for the first time in its history.

Bitcoin fell below a prior cycle’s all-time high for the first time ever today, breaching the $ 19,776 level.

The peer-to-peer currency had been struggling to maintain the $ 20,000 level over the past week as liquidation and liquidity woes plagued the market as lenders such as Celsius Network fell under extreme pressure.  Read more...

This is a preview of Bitcoin Falls Below $18,000 After Breaching The 2017 High. Click Here To Read the full post

Cannabis Stocks Could Get High on an Andrew Yang Presidency

By Leave a Comment

Andrew Yang is the Democratic presidential candidate with the lowest profile. That’s unfortunate because he’s not only one of the more reasonable candidates on the slate, but he also has some very interesting policy ideas – including one that would boost cannabis stocks. Marijuana is already legal in most states for medical use and in […]

The post Cannabis Stocks Could Get High on an Andrew Yang Presidency appeared first on CCN Markets

CCN Markets

Permanent link to this post (76 words, estimated 18 secs reading time)

Dow Goes Berserk as Core Inflation Growth Spikes to 17-Month High

By Leave a Comment

The Dow Jones Industrial Average diverged from the broader U.S. stock market Thursday after consumer inflation posted its biggest monthly gain in almost one-and-a-half years, challenging the narrative that the Federal Reserve needs to cut interest rates aggressively to boost the economy. Dow Outperforms S&P 500, Nasdaq The DJIA surged to record highs on Thursday, […]

The post Dow Goes Berserk as Core Inflation Growth Spikes to 17-Month High appeared first on CCN Markets

CCN Markets

Permanent link to this post (77 words, estimated 18 secs reading time)

Newsflash: Bitcoin Plunges 10% After Almost Setting New 2019 High

By Leave a Comment

The bitcoin price sat within inches of setting a new yearly high. The bulls flinched, and the leading cryptocurrency promptly embarked on a 10 percent plunge. Bitcoin Price Slides Below $ 12,000 Earlier today, the bitcoin price peaked as high as $ 13,200, less than $ 700 below the 2019 high it recorded late last month. However, BTC […]

The post Newsflash: Bitcoin Plunges 10% After Almost Setting New 2019 High appeared first on CCN Markets

CCN Markets

Permanent link to this post (79 words, estimated 19 secs reading time)

Dow Hits Insane High & Wall Street Owes It All to the Fed

By Leave a Comment

The Dow and broader U.S. stock market set new highs on Wednesday, as investors shrugged off geopolitical tensions ahead of Independence Day. While there was no immediate catalyst for the rally, the Federal Reserve’s dovish policy shift continues to offer fuel for the record-setting pump. Dow Hits New Highs; S&P 500 Follows All of Wall […]

The post Dow Hits Insane High & Wall Street Owes It All to the Fed appeared first on CCN Markets

CCN Markets

Permanent link to this post (79 words, estimated 19 secs reading time)

Crypto News

Featured

Press Releases

ADVERTISEMENT

Loading data ...
Comparison
View chart compare
View table compare