Why Bitcoin Miners’ Revenue Hits Lowest Point Since 2020
[ad_1] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Bitcoin Miners’ Revenue Meanwhile, BTC miners are experiencing...
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Crypto Twitter calls for calm after wETH insolvency joke goes viral
[ad_1] An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real. The wETH insolvency FUD (fear, uncertainty and doubt) seemingly began to make the rounds on Nov....
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Bitcoin Price Recovery; Vital Levels To Keep An Eye On
[ad_1] Bitcoin price bounced off the $15,400 price level and staged a recovery over the past day. In the last 24 hours, BTC has been moving sideways after claiming the $16,000 price mark. Since the coin is trading sideways at the moment after the recovery, Bitcoin awaits a breakout....
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New York’s mayor seeks balance with regulators after PoW mining moratorium
[ad_1] New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, according to reports on Nov 25. The comments follow the new law signed...
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Dogecoin Rallies As Price Breaks Major Resistance; Here Is Why $0.15 Is Possible
[ad_1] DOGE’s price holds above $0.08 as the price gears for a rally to a possible high of $0.15. DOGE’s price remains strong as bulls reclaim $0.088 despite uncertainty in the market traders and investors remain cautious. DOGE’s price bounces from a low of $0.07 on the daily timeframe...
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Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs
[ad_1] Bitget, a cryptocurrency exchange now based in Seychelles, has introduced Brazilian real (BRL) trading pairs as the first batch of its new on-ramp fiat trading pairs for spot traders on its platform. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new...
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Binance Launches Proof of Reserves for Bitcoin
[ad_1] Binance, the world’s largest cryptocurrency exchange by trading volume, on Friday launched the Proof of Reserves (PoR) for its Bitcoin (BTC) holdings in its latest show of transparency to reassure customers of its health following the sudden collapse of top cryptocurrency exchange FTX. Take Advantage of the Biggest...
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Dogecoin Holds $0.08 Against All Odds; Here is Why This Will Favor DOGE Army
[ad_1] DOGE’s price continues to show strength as the price hold above the key region of $0.08 as bulls aim to go higher. DOGE’s price continues to look bearish with the market’s current state, as most traders and investors remain cautious. DOGE’s price bounces from a low of $0.07...
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Russia intends to launch a ‘national crypto exchange’
[ad_1] Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country. As local media reported on Nov. 23, members...
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Litecoin Sharks Push Price Over $75, LTC Likely to Keep On Rising
[ad_1] Litecoin has experienced a significant price surge on low timeframes and hints at a possible bullish continuation. The cryptocurrency is moving higher than more significant assets in the space, and it’s making its way to the top 10 by market capitalization. The current market landscape and on-chain activity...
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