Bitcoin’s adventure above $32,000 was short-lived as the asset fell by a few thousand dollars and dipped below $30,000. After weeks of being unable to overcome $30,000 decisively, bitcoin finally did so a few days ago when it spiked to a local peak of over $32,000. In a matter of hours, BTC slumped by nearly […]
According to his analysis, Arthur Hayes has forecasted that Bitcoin could bottom between $25,00 and $27,000. To puke 80,000 physical Bitcoin is quite a feat. …Read the full story
Kenya is the top producer of geothermal energy in Africa delivering over 14,000 megawatts of power with the equipment capacity of only 863 MW. Currently over 80% of KenGen’s produced power is provided from renewable energy sources like hydro and wind, in addition to geothermal usage. The publication reported KenGen stated that by offering clean […]
Timmer proposed taking into account Bitcoin’s supply curve to produce a more conservative trajectory for price growth. “If accurate, It suggests still robust but less pie-in-the-sky upside than before. …Read the full story
EOS has fallen out of favor with users, primarily due to its disappointing, poor price action over the years. Unfortunately, things didn’t pan out that way. Fours years from the ICO close, its user base had shrunk significantly, and its dApps failed to generate the same traction as seen on rival chains. Samuel is a […]
Compass, citing Coinmetrics data, said miner flows to exchanges reached their highest level since January. While a recent report suggests that markets may have found a bottom, they will also face great difficulty in recovering. …Read the full story
O BTC já vinha mostrando fraqueza ontem, quando não conseguiu superar a barreira dos US$ 32 mil logo depois de um fim de semana positivo. “A ação do preço do Bitcoin hoje não é totalmente surpreendente”, escreveu Joe DiPasquale, CEO da gestora de fundos de criptomoedas BitBull, ao CoinDesk. Os principais índices de ações caíram, […]
Major cryptocurrencies traded in the green early on June 3 as the global crypto market cap increased 2.01 percent to $1.26 trillion over the last day. Non-fungible tokens made their debut in 2017, with the likes of Cryptopunks and Cryptokitties quickly grabbing buyer attention. …Read the full story
The CFTC said Thursday that Gemini “made false and misleading statements” from July to December 2017 about how it would prevent manipulation in Bitcoin prices that were to serve as a reference for the derivatives based on the cryptocurrency. …Read the full story
Sphere 3D Corp. Current geopolitical and financial issues have delayed our efforts as banks and institutions grapple with the potential outcome of higher inflation and the uncertain economic outlook. “The cryptocurrency mining industry continues to be challenged by increasing energy prices and the lack of available space for miners during the second quarter. The equivalent […]
CRE8 gives real-time information of the Indian rupee-based crypto market, based on actual trades on CoinSwitch’s platform. CRE8 gives you real-time info of the Indian Rupee-based Crypto market, based on actual trades on our platform. The risk appetite of investors is low at the moment, positive momentum on the daily charts may keep short-term buyers […]
“Bitcoin price was rejected from resistance at US$32,000 on Tuesday, sending the crypto to retest the support level at US$30,000 on Thursday. “As the bearish sentiment in the market continues, the growth could be limited. …Read the full story
The Purpose Bitcoin ETF, which was launched in February 2021, has been seeing significant inflows over the last few days, to the point its holders have risen to surpass 43,700 BTC. Notably, Purpose’s ETFs saw their assets under management rise last month as a whole. According to the report, the firm purchased 6,227 Bitcoin and […]
The Bitcoin mining boom in New York state hit a roadblock as the State Senate passed a bill that will halt new permits for certain fossil fuel power plants to be used in Bitcoin mining. The bill will face another test as it heads to Governor Kathy Hochul to sign or veto. After China instituted […]
In September 2021, El Salvador became the first country in the world to legalise cryptocurrency as a form of payment, allowing consumers to use crypto in all transactions. Yet, its adoption, either legally or illegally, has continued to soar, forcing global businesses to begin to consider it as a form of payment. A report by […]
Following an early morning vote in Albany on Friday, lawmakers in New York passed a bill to ban new bitcoin mining operations. If Hochul signs the bill, it would make New York the first state in the country to ban blockchain technology infrastructure, according to Perianne Boring, founder and president of the Chamber of Digital […]
