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news-imageOctober 12, 2024

Bitcoin Price Analysis: The 2 Most Probable Scenarios For BTC in the Short Term

Bitcoin's price remains in a state of indecision, confined within a tight consolidation range bounded by the 100-day and 200-day moving averages. An impending breakout from this range will likely determine the asset's short-term direction.
Publisher: CryptoPotato
Sentiment: Neutral
BTC

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cover-imageCryptoSlate
November 5, 2024

Ethereum Foundation's Josh Stark highlights ETH's ‘hardness' as it hits 3-year low against Bitcoin

Ethereum Foundation contributor Josh Stark highlighted Ethereum's (ETH) “hardness” as its defining quality in the digital economy, emphasizing its ability to provide unmatched predictability and immutability for decentralized applications. Stark argued that these qualities make Ethereum a resilient foundation, setting it apart from other blockchains and traditional institutions.

Positive
cover-imageBitcoin
November 5, 2024

MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production

MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company's energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest production month since the Bitcoin halving event in April.

Neutral
cover-imageBitcoin
November 5, 2024

Bitcoin's Difficulty Soars Past 100 Trillion—How Are Miners Adapting?

Bitcoin's mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin's Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain.

Positive
cover-imageCNBC Television
November 5, 2024

Bitcoin jumps to $70,000 as investors await U.S. election results: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Marta Belcher of Filecoin Foundation discusses how blockchain could be used to store election information.

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