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 […]
Bitcoin dailyhodl.com 3 h Reading time: ~2 m A closely followed crypto strategist is issuing an alert to Bitcoin (BTC) holders, saying that the king crypto is struggling to take out key resistance levels. Analyst Justin Bennett tells his 111,800 Twitter followers that last week’s Bitcoin correction saw BTC convert a previous diagonal support […]
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, […]
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 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 […]
Bitcoin u.today 1 h Reading time: ~2 m The market is trading sideways on the first day of the week. BTC/USD The price of Bitcoin (BTC) has declined by 0.76% over the last 24 hours. On the local chart, the rate of Bitcoin (BTC) is about to break the recently formed support at $27,710. […]
Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives […]
Bitcoin u.today 2 h Reading time: ~2 m Binance, one of the world’s largest cryptocurrency exchanges, and its CEO, Changpeng Zhao, are facing a lawsuit filed by the Commodity Futures Trading Commission (CFTC) over alleged regulatory violations. According to a Bloomberg report, the lawsuit was filed in federal court in Chicago on Monday, accusing […]
Biggest Movers: XRP Nears 5-Month High to Start the Week, Despite Crypto Market Consolidation Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to […]
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 […]