Upstream Data

Latest Upstream Data news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Upstream Data

Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge

Mining difficulty passed 20 trillion Saturday morning.

By Zack VoellJan 9, 2021

Historical bitcoin mining difficulty and price

of 1

Latest Crypto News

Today

5:56 AM

Negative

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record

IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

4:55 AM

Negative

BTC0.00%

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

4:41 AM

Negative

XRP drops 4% below $1.30 as heavy selling breaks key support zone

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

4:25 AM

Negative

BTC0.00%

+4 Assets

Bitcoin drops below $73,000 as US strikes on Iran spark $1 billion liquidations

Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.

Explore Latest News

Newsletter thumbnail

CoinDesk Headlines

The biggest crypto news and ideas of the day.

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.