Tag: dip

[ad_1] Amid the switch of the Ethereum network from the current proof of work to an energy-efficient proof of stake infrastructure, the mining revenues of ETH have plunged sharply in the past few weeks. With the ETH Merge in sight, the total mining revenue has reached its lowest level...

[ad_1] Regardless of the growing economic sanctions against Russia, the volume of cryptocurrencies bought using Rubles across several major cryptocurrency exchanges plummets drastically. According to data from blockchain-data aggregators display, Russian collateralizing crypto trading across significant crypto exchanges is dropping badly. This debunks the idea that Russia will leverage...

[ad_1] Bitcoin (BTC) holders took profits on Tuesday, just as El Salvador moved to recognize the digital currency as legal tender in a landmark move that could have significant implications for global adoption.  After hitting local highs north of $52,800 on Monday, Bitcoin’s price plunged all the way to...