Once criticized as an energy guzzler, Bitcoin is now emerging as an unlikely hero in the global transition to renewable energy. That’s according to a new report by Dylan Campbell and Alexander Larsen of the IRM Energy and Renewables Group.…
North America Leads the Pack with $1.2 Trillion in Crypto Value Despite Market Declines.
According to Chainalysis, North America leads global cryptocurrency adoption, accounting for nearly a quarter of crypto transaction volume worldwide. However, declining crypto markets over the past year have impacted usage patterns in the region. Per a new report from blockchain…
Peep Into This Uniswap Memecoin HayCoin, It Became More Valuable Than Bitcoin At More than $5.5 Million A Piece
Uniswap Memecoin HayCoin raised a lot of speculation among the crypto community after increasing to a massive $5.5 million. However, there was a reason for this, as we are going to look into it in detail. Uniswap Memecoin HayCoin Increases…
There’s a Race Between Bitcoin and Bitcoin Miners. Here’s How Bitcoin Miners Are Winning
Since Bitcoin is a proof-of-work protocol, there’s a lot of mining in this network. However, mining looks like an unproductive business during the crypto bear market. So, this is currently not the case, with Bitcoin mining firms recording massive turnovers. …
Betting It All: FTX’s Bankman-Fried Rolls The Dice On His Own Testimony Thursday, October 26, 2023
CNN recently reported that Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, will testify in his criminal fraud trial as early as Thursday, his defense team announced Wednesday. The move signals a dramatic shift in legal strategy as Bankman-Fried…
Cardano’s ADA Anticipates a Challenging Phase: Expert Analysis
According to a recent analysis from prominent crypto expert Benjamin Cowen, Cardano’s ADA token is confronting a questionable future. Cowen, who holds a Ph.D. in engineering, has established himself as an authoritative voice on cryptocurrency markets. His latest observations indicate…
Is the SEC Overstepping Its Authority in Crypto Regulation?
According to a recent update from the Economics of the Securities and Exchange Commission (SEC), regulating cryptocurrencies is difficult. The SEC aims to protect investors from fraud and manipulation. However, heavy-handed regulation could stifle innovation in the promising crypto sector.…
Read this Crazy Story of How a Doctor Used Bitcoin to Hire a Hitman for a Murder Plot
Bitcoin is the apex cryptocurrency and has the characteristics of anonymity. However, people from time to time always try to abuse this feature by engaging in crime. So, this was the case of a doctor trying to murder his girlfriend…
Shiba Inu Coin Searches for Footing After Failed Breakout
The meme-inspired cryptocurrency Shiba Inu (SHIB) is struggling to regain footing after a failed breakout attempt earlier this month. SHIB is still stuck in a downtrend despite some positive technical developments suggesting a bullish reversal may be forthcoming. Key resistance…
US Unemployment Rate Came Out To Be 3.8%, And BTC Outperforming NASDAQ, & SPX: Weekly Market Watch & Crypto Price Analysis
SPX: SPX closed the week at $4,327.79. This week, SPX was positive and ended with a gain of $19.3. According to the previous analysis, it was mentioned that SPX would make an upside move from $4,220, and everything unfolded as…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
