Breaking news, analysis, and discussion in the blockchain/cryptocurrency space.
Be sure to like, share, and comment.

(Cited from CoinDesk and Cointelegraph)

New Mining Difficulty Metric Points to $31K Bitcoin Price by 2021

New Mining Difficulty Metric Points to $31K Bitcoin Price by 2021

New estimates predict a 1,000% increase in price versus the last difficulty low, which was $3,100 in December 2018. Bitcoin (BTC) price should hit $30,000 during its current price cycle, new data based on mining difficulty suggests.Published by well-known analyst PlanB on Sept. 10, the statistics combine Bitcoin price as a percentage of difficulty lows, along with the number of blocks since the last low.The difficulty is a measure of how difficult it is…

Share:
Read more

Bitcoin Hash Rate to Hit a Milestone 100 Quintillion for the First Time

Bitcoin Hash Rate to Hit a Milestone 100 Quintillion for the First Time

The metric shows profitability and support for the Bitcoin network are at an all-time high in 2019. Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures.Bitcoin hash rate nearing 100 quintillionData from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate. Source: BlockchainA…

Share:
Read more

Wesley Snipes Is Launching a Tokenized $25 Million Movie Fund

Wesley Snipes Is Launching a Tokenized $25 Million Movie Fund

Liechtenstein Cryptoassets Exchange (LCX) is tokenizing a $25 million movie fund together with renowned Hollywood actor Dr. Wesley Snipes. Liechtenstein Cryptoassets Exchange (LCX) is tokenizing a $25 million movie fund together with renowned Hollywood actor Dr. Wesley Snipes. The news was reported by Cointelegraph auf Deutsch on Sept. 9.Dr. Snipes is an American actor, film producer, master martial artist, and author, known for his roles as the Marvel Comics character Blade in the Blade…

Share:
Read more