Bitcoin Mining Difficulty Reaches a New Record High
On Wednesday, the Bitcoin mining difficulty saw a 3.9% increase, reaching a new all-time high in the final adjustment before the halving, expected to occur on April 20.
On Wednesday, the Bitcoin mining difficulty saw a 3.9% increase, reaching a new all-time high in the final adjustment before the halving, expected to occur on April 20.
The upcoming halving of Bitcoin’s rewards for miners has already been taken into account to some extent in the current upward trend.
A recent poll conducted by Deutsche Bank among 3,600 US consumers revealed a growing sense of optimism towards cryptocurrency and its potential for future adoption.
According to analysts at Coinbase, the introduction of cryptocurrency exchange-traded funds (ETFs) in the US market will lead to a gradual decrease in the volatility of Bitcoin.
According to analysts from Coinbase, the position of Bitcoin is expected to experience significant changes in April, driven by the upcoming halving event.
According to court documents filed on Friday, the bankrupt crypto lender Genesis has sold its shares in the Grayscale Bitcoin Trust (GBTC) and used the proceeds to buy 32,041 Bitcoins.
Ethena Labs, the creators of USDe, have incorporated Bitcoin as collateral for their synthetic dollar-pegged product.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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