Bitcoin concludes 2023 with an unprecedented hash rate of 544 EH/s, doubling since January. Despite a 150% surge in price to $42,300, individual miners face profitability challenges. The intricate relationship between hash rate, price, and mining difficulty defines Bitcoin's evolving landscape.
Cheng YuanCoinbase CEO Brian Armstrong envisions Bitcoin and fiat co-existing, offering a complementary financial landscape. However, rising challenges to US hegemony, especially from the BRICs, suggest a complex and evolving global financial future.
BerniceArbitrum and Optimism have a combined market share of 84%.
BeincryptoA summer move to eliminate bitcoin trading fees and the collapse of rival exchange FTX pushed even more investors to the Binance platform.
CoindeskThe crypto exchange’s founder said documentation existed, despite John Ray bemoaning poor record keeping.
CoindeskBinance CEO Changpeng Zhao advised investors not to buy crypto given the volatility cause by the FTX collapse.
BeincryptoHe is a big believer in the charting system and began predicting ADA's bearish trajectory in early Sep. 2022.
BeincryptoCrypto prices immediately came crashing down after the Fed announced they are increasing interest rates during an economic summit.
BitcoinistThe launch of BMEX was delayed because of market conditions, but the exchange’s CEO wants to get it launched before the end of 2022.
OthersIt’s hard to believe Bitcoin Day was only a year ago. Let’s go back to El Salvador in anticipation of ...
Bitcoinist