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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »

2021-5-23 07:00


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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle

The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »

2021-5-22 18:06


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As the Transition to Proof-of-Stake Nears, Ethereum Will See 99.95% Decrease in Energy Use

For all the benefits that cryptocurrency offers the general public, there are a number of pitfalls and criticisms that it receives. One of these is the issue of energy consumption. The process of mining cryptocurrencies and running blockchains are notoriously energy-intensive processes and assets like bitcoin are known to use as much energy as entire […] дальше »

2021-5-21 16:41


Record Liquidations on Black Wednesday: Over-Leveraged Degen Traders Yet Again Behind the Latest Wipe-Out

“Bitcoin markets broke today. Similarly to how it happened on Black Thursday, to a lesser extent and with a considerably larger bid waiting to come in,” noted trader and economist Alex Kruger. While this sell-off must have seen some spot selling, liquidations have been particularly the highlight, much like April 17’s $10. дальше »

2021-5-20 16:36


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Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement

Just a week ago, on May 12, Bitcoin was soaring to incredible heights. Each token was selling for as much as $57,000, up from just $30,000 at the start of the year. Then came a wrecking ball in the form of Elon Musk, whose electric car company Tesla had lent Bitcoin unprecedented mainstream credibility earlier […] The post Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement appeared first on Futurism. дальше »

2021-6-8 19:54


Bitcoin's price target despite reaction to Tesla news: Here's why 'not much has changed'

The ongoing debates over Bitcoin, Dogecoin, a potential altseason, meme coins, and various others can be represented by a rotating swing carousel of an amusement park. Each debate re-emerges at differThe post Bitcoin's price target despite reaction to Tesla news: Here's why 'not much has changed' appeared first on AMBCrypto. дальше »

2021-5-19 04:00


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Iranian Government Places New Ban On Mining Bitcoin Within Households

Iran has become the latest country to ban Bitcoin mining, albeit for select people. Apparently, the Iranian government has decided to stop its citizens from mining Bitcoin in their homes. According to the government, household mining has been exerting too much pressure on the already burdened national electric grid. The Ministry of Energy has issued […] дальше »

2021-5-19 21:14


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‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’

The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink much lower than today’s current […] дальше »

2021-5-18 19:30


BTC Tumbles Back Under $48k, Twitter CEO says No Single Person or Institution can Change or Stop Bitcoin

Amidst this ongoing choppy price action, not much has changed in the CME Bitcoin futures market, while Dan Morehead of Pantera Capital sees price reaching $115,000 by August. The post BTC Tumbles Back Under k, Twitter CEO says No Single Person or Institution can Change or Stop Bitcoin first appeared on BitcoinExchangeGuide. дальше »

2021-5-15 15:52


Bitcoin Back above $50k and Ether $4k as Both the Crypto Assets Hit Record Volume on CME

As Bitcoin prepaid to fight its latest, which could likely be the biggest hurdle for Bitcoin, and Gary Gensler coming off “much more aggressive,” the market has bought the dip. The post Bitcoin Back above k and Ether k as Both the Crypto Assets Hit Record Volume on CME first appeared on BitcoinExchangeGuide. дальше »

2021-5-14 16:03


Rootkit Brings upMarketCap, an Exclusive ERC-31337 Protocol Based Ecosystem Combining Best of Defi and NFT

Rootkit leverages the ERC-31337 standard — an open-source technology developed by the team which leverages liquidity captured from permanently locked liquidity pools to unlock new possibilities. It is building a complete crypto ecosystem in the form of upMarketCap quite similar to the popular CoinMarketCap but with so much more functionalities and use cases. Rootkit acts […] дальше »

2021-5-13 16:19


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South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues

Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area that is “likely to yield much of the extra tax” for the […] дальше »

2021-5-10 10:00