Bitcoin (BTC) e Ethereum (ETH) are experiencing high volatility as the Federal Reserve decided to yet again raise the country’s interest rate by 0.75%, reaching a range between 3% and 3.25%. Right after the Federal Reserve announcement, cryptocurrencies took another hit. However, this time the digital assets look like they were able to withstand the […]
Category: Bitcoin
The latest news headlines involving Bitcoin.
September 23, 2022
September 23, 2022
Whales Buy $3.12 Billion BTC In 24 Hours Ahead of Fed Interest Policy Announcement
Bitcoin was instantly impacted by the Federal Reserve’s interest rate hike on Wednesday and failed to gain traction. Other cryptocurrencies, such as Ethereum also saw to a decrease in value among the world’s leading cryptocurrencies. Following the statement by the US Federal Reserve, Bitcoin lost its grip on the important $19,000 mark. According to Coingecko […]
September 22, 2022
Bitcoin Mining Now More Difficult Making it Mostly Non-Profitable
The biggest proof-of-work cryptocurrency in the world is now significantly more difficult to mine. According to BTC.com, the Bitcoin mining difficulty jumped by nearly 10% in the last two weeks, making current BTC mining one of the hardest it has ever been. According to the website’s analysis, the network’s mining difficulty has reached 30.97 trillion, […]
