Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per […]

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, […]

“Black Swan” Author Points to Decreased Bitcoin Liquidity as Red Flag for Investors

Bitcoin u.today 1 h    Reading time: ~1 m Nassim Nicholas Taleb, the acclaimed author of “The Black Swan,” has raised concerns about the sustainability of Bitcoin’s recent rally, pointing to a severe drop in liquidity as a potential red flag for investors. Despite the cryptocurrency’s impressive double-digit gains this year, Taleb’s analysis suggests that […]

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that […]

Top Analyst Says Bitcoin in the Calm Before the Storm, Predicts Big Breakout Through Long-Term Resistance

Bitcoin dailyhodl.com 1 h    Reading time: ~2 m A closely followed crypto analyst says major technical signals are pointing towards a big breakout for Bitcoin (BTC). Pseudonymous analyst Rekt tells his 340,000 Twitter followers that BTC’s monthly candle has broken through a major resistance. According to Rekt, Bitcoin’s recent breakout looks similar to other […]

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