Bitcoin's (BTC) hash rate spiked to all-time highs of 398 exahash on March 23, and analysts have been speculating miners are starting to turn their rigs back on as the Bitcoin price rises.

The argument for owning Bitcoin strengthens as people worldwide watch major banks collapse. This may be a perfect time if you haven’t diversified into Bitcoin.

The hashrate of the Bitcoin network reached a high of 400 exahash per second (EH/s) on March 23, 2023, equating to 0.4 zettahash or four hundred quintillion hashes per second. Research analyst Sam Wouters at River Financial estimates that Bitcoin could reach the zettahash era, equivalent to 1,000 EH/s or one sextillion hashes per second, by the end of 2025 at the current growth rate.

Billionaire Michael Saylor's recent purchase of $150 million worth of Bitcoin has sparked discussion on the future trajectory of the cryptocurrency's price and its implications for investors and the market. Bitcoin has seen significant value appreciation within the past month, driven in part by diminishing trust in conventional banking institutions amid the US financial crisis.

Bitcoin is set to become the go-to currency for moving money between African countries, according to a new report by CNBC.

CFTC Sues Binance and CEO for Violating Trading Rules, Bitcoin and Ethereum Prices Dip; Binance Continues Global Expansion With New ‘Web3 Outpost’ in Georgia; Dogecoin To Get Upgrade Release Packed With New Features and Enhancements

Bitcoin is a decentralized digital currency that has gained widespread acceptance and adoption in Africa, with Nigeria topping the charts of users in the continent.In recent years, there has been an increase in the number of people who own and trade bitcoin in the country.

On Monday, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against cryptocurrency exchange Binance and its CEO, Changpeng Zhao, accusing them of violating trading and derivatives rules.

The term “cryptocurrency” refers to all digital currencies that are secured using cryptography. During the time that it is stored in a blockchain, no centralized bank, government, or other financial organization can exert any influence over it.