Spot Price – DIGIT INFO

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

DIGIT — Sun, 05 Mar 2023 18:30:20 +0000

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to […]

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

DIGIT — Sat, 14 Jan 2023 19:30:02 +0000

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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Markets Update: Short Term Recovery – Is a Bullish Reversal in Sight?

DIGIT — Sat, 15 Sep 2018 16:30:22 +0000

Cryptocurrency prices are back on the mend after a great majority of digital assets plunged last week losing 10-20 percent or more in value. Since then, the digital currency economy has regained some strength bouncing back from a low of US$186 billion to $205 billion on Saturday, September 15. Also read: Test Driving the Money Button […]

The post Markets Update: Short Term Recovery – Is a Bullish Reversal in Sight? appeared first on Bitcoin News.

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Bitcoin Futures Report Shows Bullish Sentiment Is In the Air

DIGIT — Sun, 28 Jan 2018 16:00:57 +0000

Bitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four […]

The post Bitcoin Futures Report Shows Bullish Sentiment Is In the Air appeared first on Bitcoin News.

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Market Optimism Declines as Bitcoin Futures Euphoria Ends

DIGIT — Thu, 21 Dec 2017 11:40:18 +0000

This week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and […]

The post Market Optimism Declines as Bitcoin Futures Euphoria Ends appeared first on Bitcoin News.

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