Bitcoin network hash rate hit a record high in May

Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s largest cryptocurrency lost about 8.0% last month. Bitcoin may have lost about 8.0% last month on macro uncertainty but the network activity remained incredibly strong. JPMorgan analyst expects a slowdown in hash rate In May, […]

Bitcoin’s Lightning Network capacity surges to all-time

Lightning Network has reached over 5,490 in Bitcoin payments capacity, an all-time high. Transactions in BTC on the layer-2 payments network have increased roughly 63% since January 2022. The increased Bitcoin micropayments via Lightning Network comes as BTC price retreats below $23k after a great rally to start 2023. Lightning Network’s capacity in terms of […]

Ankr Network token (ANKR/USD) jumps 6% to resistance

Ankr Network token rose after becoming a RPC for Sui blockchain ANKR remains subdued by a resistance The token could correct despite the intraday gains Ankr Network (ANKR/USD) witnessed increased investor interest on Thursday, pushing the token up 6%. The gains reflected positive cryptocurrency news. Attention will not shift to whether the token will sustain […]