At block 768,169 on the Bitcoin blockchain network, the average percentage increase in the BTC mining difficulty over the previous 24 hours is 3.27%. The difficulty of Bitcoin has increased by 3.27% during the past week, -3.80% over the past 30 days, and 10.36% over the past 90 days, according to Coinwarz. As some mining […]
In a sign of success in the Federal Reserve’s drive to rein in spiralling inflation, the U.S. consumer price index (CPI) increased by 0.1% in November compared to the month before, less than forecast from October’s 0.4% pace. The CPI increased 7.1% on an annual basis, according to data released by the US Labor Department […]
On Thursday, cryptocurrency prices increased as Dow Jones futures increased following the most recent report on jobless claims.On Wednesday, digital assets decreased in value as the stock market continued to decline due to concerns over interest rate hikes and a possible global recession. Many professionals reject Sam Bankman-regrets Fried’s for the FTX catastrophe.Brian Armstrong, CEO […]
Trust once lost is a challenge to regain. With losses totaling billions of dollars, FTX, one of the biggest cryptocurrency exchanges in the world, collapsed, casting doubt on the industry’s credibility. People with even a passing familiarity with digital currencies sometimes debate the trustworthiness of centralised exchanges, crypto wallets, and even well-known developers. Regular release […]