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Bitcoin News / Bitcoin.com - 1 week ago

Bitcoin Difficulty Falls 2.3% as Hashrate Slips Below 1 ZH/s and Block Times Slow

This week, the Bitcoin network recorded its second consecutive difficulty reduction, easing another 2.3% on May 1 after the April 17 epoch posted a 2.43% decline. Hashrate has also trended lower, now resting beneath the 1 zettahash per second (ZH/s)...

Bitcoin News / Bitcoinist - 1 week ago

Bitcoin Price Outlook In May: Historical Data Suggests A Negative Performance

After a dismal start to the year, the Bitcoin price has somewhat steadied the ship over the past two months. According to price action data, the flagship cryptocurrency closed in the green in both March and April, with a double-digit performance comi...

Bitcoin News / Bitcoinist - 1 week ago

Bitcoin Prints Biggest Monthly Win In A Year Amid Renewed Market Optimism

Fear still hangs over the crypto market even as Bitcoin closed April with its strongest monthly gain in 12 months. The Crypto Fear & Greed Index registered a reading of 39 on Friday — firmly in “Fear” territory — a sign that many inve...