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Bitcoin Drops Below $20k as Market Reverts to Pre-CPI Levels

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Bitcoin Drops Below $20k as Market Reverts to Pre-CPI Levels

In the 12 hours following the latest U.S. Consumer Price Index (CPI) release, the cryptocurrency market has continued to plunge, reverting to price levels from a week ago. Top Crypto Price Movements at 08:00 AM on 14/09/2022. Source: Coin360 As reported by Coin68, on the evening

By Web3 Station 13 Sep 2022
Bitcoin Mining Difficulty Hits New ATH After Four Consecutive Increases

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Bitcoin Mining Difficulty Hits New ATH After Four Consecutive Increases

In the latest adjustment, Bitcoin’s mining difficulty surged by 3.45%, setting a new all-time high. Bitcoin Mining Difficulty (Yellow) and BTC Price (Black). Source: Glassnode The mining difficulty for Bitcoin increased by 3.45% in the adjustment on September 14, surpassing the previous peak set in May 2022,

By Web3 Station 13 Sep 2022
Largest Ethereum Mining Pool Ethermine Stops Supporting ETH Mining Post-Merge

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Largest Ethereum Mining Pool Ethermine Stops Supporting ETH Mining Post-Merge

Ethermine, the leading Ethereum mining pool globally (accounting for over 27% of Ethereum’s total hashrate), has announced it will cease support for ETH mining following The Merge upgrade. Largest Mining Pool Halts ETH Mining Support Post-Merge Ethermine has declared that it will no longer support ETH mining under the

By Web3 Station 13 Sep 2022
Fidelity to Allow Individual Clients to Trade Bitcoin

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Fidelity to Allow Individual Clients to Trade Bitcoin

Fidelity Investments is set to allow individual clients to trade Bitcoin, according to a report by the Wall Street Journal. Fidelity to Enable Bitcoin Trading for Individual Clients Fidelity Investments, a leading financial services company with approximately $4.3 trillion in assets under management (AUM), is gearing up to offer

By Web3 Station 12 Sep 2022
Rumor Alert: Will Bitcoin Halving Arrive Sooner Due to Hashrate Peak? Is It True?

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Rumor Alert: Will Bitcoin Halving Arrive Sooner Due to Hashrate Peak? Is It True?

Bitcoin's hashrate has reached unprecedented levels, sparking confusion about the Bitcoin Halving cycle. Rumors are circulating that the Bitcoin Halving might occur earlier than expected, potentially in Q4 2023 instead of the projected 2024, due to the hashrate hitting new highs. As Bitcoin Hashrate Hits All-Time Highs, There&

By Web3 Station 12 Sep 2022
Bitcoin Price Analysis - September 13, 2022

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Bitcoin Price Analysis - September 13, 2022

Last week was notably bullish for BTC, with a candle closing strongly with no upper wick and a long lower wick. The close at $21,800 surpassed the starting price from two weeks ago, forming a beautiful reversal candle cluster that suggests a continued upward trend. Bitcoin Price Analysis -

By Web3 Station 12 Sep 2022
What ETH Investors Need to Know Before The Merge

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What ETH Investors Need to Know Before The Merge

The Merge, set to roll out on September 15-16, will bring significant changes to the Ethereum network. ETH holders will receive airdropped ETH PoW tokens. Here’s what you need to do to maximize the benefits of The Merge, according to CoinGecko founder Bobby Ong. The Ethereum Merge is scheduled

By Web3 Station 12 Sep 2022
BTC and ETH Experience Volatile Movements After August 2022 U.S. Inflation Data

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BTC and ETH Experience Volatile Movements After August 2022 U.S. Inflation Data

The cryptocurrency market has plunged sharply following the release of the U.S. Consumer Price Index (CPI) for August 2022, which, while showing a slight decrease, came in higher than expected. This has raised concerns that the Fed might still proceed with its planned 0.75% interest rate hike at

By Web3 Station 12 Sep 2022
Bitcoin Surges Ahead of U.S. CPI Release, Ethereum Set for The Merge Upgrade

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Bitcoin Surges Ahead of U.S. CPI Release, Ethereum Set for The Merge Upgrade

Bitcoin (BTC), the world’s largest cryptocurrency, spiked to its highest level since the August 19th dump on the morning of September 12th. Price Movement of Top Cryptocurrencies as of 09:00 AM on September 12, 2022. Source: Coin360 Following a recovery since hitting a two-month low of $18,649

By Web3 Station 11 Sep 2022
Critical Security Flaw Could Have Shattered Avalanche (AVAX) Network

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Critical Security Flaw Could Have Shattered Avalanche (AVAX) Network

A critical security vulnerability that could have potentially crippled the Avalanche (AVAX) network was flagged earlier today. The vulnerability was first identified by Ethereum team lead Peter Szilagyi. At the time, Avalanche was hosting over $9 billion in Total Value Locked (TVL) and had a market cap of $24 billion,

By Web3 Station 08 Sep 2022
Crypto Market Crashes Despite The Merge Being Only Halfway Through

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Crypto Market Crashes Despite The Merge Being Only Halfway Through

In the early hours of September 7, the cryptocurrency market experienced a severe downturn, with major coins like BTC and ETH dropping more than 6% in value. Around midnight on September 7, Bitcoin (BTC), the world’s largest cryptocurrency, saw a sharp sell-off, falling from $19,700 to $19,175.

By Web3 Station 06 Sep 2022
Investors Rush to Borrow ETH in Hopes of an Airdrop Ahead of The Merge

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Investors Rush to Borrow ETH in Hopes of an Airdrop Ahead of The Merge

With The Merge just a week away after the successful activation of the Bellatrix hard fork on September 6th, ETH investors are scrambling to leverage the lending market in hopes of scoring potential airdrops. From Controversy to Sky-High Expectations As The Merge approaches, the Ethereum community is buzzing with speculation

By Web3 Station 06 Sep 2022
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