Crypto News

Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024

Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with the mining pool Foundry USA at the forefront, delivering 204.41 EH/s. Bitcoin Edges Closer to ZettahashSource link

Tether’s USDT Now Available on Celo

The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.Source link

Breaking: MicroStrategy Completes $800M in Convertible Notes to Fund Bitcoin Strategy

MicroStrategy finalizes a substantial $800 million convertible notes offering to bolster its Bitcoin reserves, affirming its commitment to cryptocurrency investment. (Read More)Source link

Ethereum Technical Analysis: ETH Secures Position Above $4,000 Following Key Resistance

On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn,Source link

Bitcoin CME Futures’ Open Interest Reaches Record High of $10B

Notional open interest refers to the dollar value of the active or open futures contracts at a given time.Source link