“Web3” may be one of the biggest buzzwords of 2022, but the idea of creating an entirely decentralized platform to host decentralized applications has long been a vision of the crypto community. While it’s notable that some blockchain companies began building out Web3 applications four or five years ago, the Web3 space has only started gaining traction recently. The recent … [Read more...] about Web3 developer growth hits an all-time high as ecosystem matures
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Bitcoin records all-time high network difficulty amid price fluctuations
The Bitcoin network difficulty is determined by the overall computational power, which co-relates to the difficulty in confirming transactions and mining BTC. As evidenced by the blockchain.com data, the network difficulty saw a downfall between May and July 2021 due to various reasons including a blanket ban on crypto mining from China.The Bitcoin (BTC) network has recorded a … [Read more...] about Bitcoin records all-time high network difficulty amid price fluctuations
Bitcoin Mining Difficulty Sets New All-Time High
Mining difficulty on the Bitcoin network increased by 9.32% and hit an all-time high of 26.64 trillion on Jan. 21, at 3:07 UTC, beating the previous record set on May 13, 2021.The difficulty is automatically adjusted based the amount of computational power on the network, or hashrate, to keep the time it takes to mine a block roughly stable at 10 minutes. The higher the … [Read more...] about Bitcoin Mining Difficulty Sets New All-Time High
Redditors share their thoughts on buying Bitcoin at all-time highs
Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into Bitcoin (BTC) a few months ago, saying:"I don't need this money for the next 5 to 10 years, but I have to admit sometimes I get so afraid of Bitcoin's future; I mean it crashes or … [Read more...] about Redditors share their thoughts on buying Bitcoin at all-time highs
NEAR Hits All-Time High as Upstart Blockchains Win With 'FOAN Trade'
Near Protocol's NEAR token reached an all-time high Wednesday on signs the up-and-coming blockchain might be undervalued as it attracts more activity. The token has risen in the current bear market for cryptocurrencies like bitcoin, bucking the trend to increase in price over 18% in the last seven days and doubling over the past month. As of press time the NEAR price was … [Read more...] about NEAR Hits All-Time High as Upstart Blockchains Win With 'FOAN Trade'