Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty IncreaseDuring the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s […]

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Cottonwood Becomes Second Cryptocurrency ATM Operator to Receive Bitlicense

U.S.-based cryptocurrency ATM operator Cottonwood Vending has been granted regulatory approval to operate in the state of New York. As such, Cottonwood has become the second cryptocurrency ATM operator to receive a Bitlicense by the New York State Department of Financial Services (NYDFS). Also Read: Coincheck Registers 1.7M New Users Since Resuming Operations  Cottonwood Granted Virtual […]

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Markets Update: BCH and BTC Consolidate, ETH Regains Second Spot

Markets Update: BCH and BTC Consolidate, ETH Regains Second Largest Market CapBCH and BTC markets have begun the year with consolidation, with BCH bouncing between $150 and $175 and BTC trading within a $3,500 to $4,000 range on Bitstamp, and $3,700 to $4,300 on Bitfinex. In other market news, a bullish start to the year has seen ETH reclaim its position as the second largest cryptocurrency […]

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Markets Update: XRP Briefly Dethrones ETH as Second Largest Crypto

Markets Update: XRP Briefly Dethrones ETH as Second Largest CryptoThe cryptocurrency markets have produced a significant rally today – with just three of the top fifty crypto markets by capitalization posting losses for the last 24 hours of trade action as of this writing. The most notable gainer has been XRP – gaining over 50% in the last day to overtake ETH as the […]

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Markets Report: July Posts Second Strongest Monthly BTC Performance of 2018

Markets Report: July Posts Second Strongest Monthly BTC Performance for 2018Looking at the monthly charts, July saw BTC produce its second best performing month of price action during 2018 after gaining in value by more than 20%. By contrast, the majority of leading cryptocurrency markets by capitalization posted their third consecutive red monthly candle. Stellar was the highest performing top crypto market during July, gaining […]

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Report Claims Litecoin is the Second Most Adopted Currency on Dark Marketplaces

A recent study has revealed Litecoin to be the second most adopted means of payment among dark marketplaces. The study also indicated a significant increase in adoption of Monero among English-speaking platforms. Also Read: South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds Dark Marketplaces Increase Altcoin Adoption The study, conducted by Recorded Future, involved […]

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Ripple Gains 1,000% in One Month – Now the Second Largest Cryptocurrency

Ripple Becomes Second Largest Cryptocurrency By Market CapToday, the total market capitalization of Ripple exceeded $100 billion for the first time ever. This milestone makes Ripple the first cryptocurrency other than bitcoin to break into the 12-figure threshold, and positions it as the second largest crypto by total market capitalization. Also Read: Markets Update: Bitcoin Markets Retrace to the $15,000 Area Ripple […]

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