The cryptocurrency market & DeFi industry faced significant challenges during the second quarter of 2022, as coins saw a downward trend and failed to recover in Q3 & Q4. The collapse of Terra (LUNA) in May had severe consequences, resulting in the bankruptcies of Celsius, Voyager, and Three Arrows Capital.
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Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39...
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion.
