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Bitcoin (BTC) Miner's Debt Reaches a Four-Year High

01 Aug 2022 @ 20:50
Miners of BTC have persevered with debt and elevated cost of operation due to the crashing crypto market. These have caused BTC Miner’s deficit to amount to a whooping year’s high, totaling up to 1.85 million BTC. Bitcoin networks have been up against lots of challenges, beginning with the Miner’s migration to China last year, […]
 

SEC Now Keeping a Watchful Eye on Kraken Exchange

28 Jul 2022 @ 21:31
Recently, it was Binance that came under the hammer of the SEC, but now it’s Kraken’s turn. Kraken’s information is currently being investigated. This is coming after the crypto exchange was said to have been caught defying the crypto rule placed on Iran. A statement released by New York Times revealed that Kraken has been […]
 

The Bitcoin Discount Store

28 Jul 2022 @ 16:13
Recently I went shopping at a gas station where everything was 75% off. I’m not in the habit of shopping at gas stations, because I drive a Tesla (which, incidentally, I bought with bitcoin). One of the great things about owning an electric car is you no longer have to worry about gas prices. It’s enormously […]
 

The CEO of Coinbase Reveals That Its Customer Base Will Grow to a Billion Users in Eight Years Time

26 Jul 2022 @ 22:47
Cryptocurrency investments are still a fantasy. However, this fantasy is growing as each day goes by. Bitget, Foresight Investors, and Boston Consulting revealed that if this image continues to grow, then in eight years’ time Coinbase will record a billion users on its platform. Following the market crash, non-crypto currency fanatics think that there is […]
 

Annual Forecast for Ethereum (2022)

26 Jul 2022 @ 22:16
Ethereum – ETH price (COIN:ETHUSD) is a huge bear market, which has started since 2021, and would continue till 2024. The best line of action to follow here is to sell and sell short. 4 EMAs are used for this analysis and they EMAs 10, 20, 50, and 200. The color that stands for each […]
 

Crypto Rug Pull

22 Jul 2022 @ 21:37
In the crypto world rug pull is a term that refers to when a team of a developer working on a crypto project, ditches that project and withdraws the total liquidity. This simply means to remove base support suddenly. This “Rug pull” of a thing is commonly related to the Non-centralized Finance Projects: Defi. DeFis […]
 

The Cost of Mining Bitcoin Reduces to Its Lowest in Ten Months

18 Jul 2022 @ 23:20
The cost of mining Bitcoin reduced to its lowest in ten months. This is because people involved in the mining operation are now making use of better equipment to do the mining. This has reduced the difficulty of mining Bitcoin to about 6.7%. During last week’s Wednesday strategist disclosed that the production cost for Bitcoin […]
 

How DAOs Are Progressing in Non-centralized Science

14 Jul 2022 @ 21:22
Scientists spend a huge chunk of time struggling for continually finite monetary resources. In addition, a considerable amount of grants flows to established scientists. Over-competitiveness, plus systemic partiality in the field of academics drains people’s ability to create. Also, this has pushed lots of scientists out of their field. DeSci: Decentralized Science, provides another path...
 

United States President Receives Cryptocurrency Framework From the Country’s Treasury Secretary

12 Jul 2022 @ 07:51
United States Treasury Department releases a document with the heading “Framework for cross Boarder Engagement on Digital Assets”. This document was received during last week Thursday. It contains that the Treasury Secretary submitted to the US President a plan for cross boarder cryptocurrency dealings. This document is to maintain responsible growth of electronic properties. US […]
 

Annual Forecast for Lloyds (2022)

10 Jul 2022 @ 17:48
Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]
 
 
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