Cryptocurrency Mining and Renewable Energy: Bitcoin, BlockDAG Network, and Ethereum Lead Sustainability
London, UK, March 28, 2024 (GLOBE NEWSWIRE) — Cryptocurrency mining has long faced scrutiny for its excessive energy consumption and subsequent environmental impact. In 2022, The White House discovered that crypto assets accounted for 0.4% to 0.9% of the total…
Bitcoin Surpasses $70,000 Mark As Halving Looms: Trader Sees BTC ‘Less Than 4% From A Huge Breakout’
Bitcoin (CRYPTO: BTC) has seen significant gains, closing seven consecutive months in the green for the first time. Analysts are optimistic about Bitcoin’s bullish momentum, anticipating a $150,000 peak. What Happened: MicroStrategy chairman Michael Saylor tweeted that “Bitcoin is better”…
Edward Snowden Predicts SEC Will ‘Lose So Hard In Court’ against Coinbase: Gensler Had To Approve Bitcoin ETFs ‘With Tears In His Eyes’
Whistleblower and Bitcoin (CRYPTO: BTC) supporter Edward Snowden isn’t bothered by the U.S. Securities and Exchange Commission’s latest legal wrangling with Coinbase Global Inc. (NASDAQ:COIN). What Happened: Snowden’s comment came in response to a tweet about a court ruling allowing…
Bitcoin: New ATH before halving? Traders are betting on $77,000 because…
Fierce long positions and a large OI suggest that shorts are at risk. Indicators presented a bullish bias that could drive Bitcoin toward $77,000. Bitcoin [BTC] traders are at it again. But this time, they are not wagering big money, and…
Bitcoin Trades Above $70,000 Following GDP, Jobless Claims Data; GateToken Emerges As Top Gainer
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $70,000 level on Thursday. Ethereum (CRYPTO: ETH), however, recorded losses, falling below the key $3,600 mark this morning. GateToken (CRYPTO: GT) was the top gainer over the…
Kerrisdale Capital Is Short MicroStrategy Stock, Long Bitcoin: ‘Things Have Gotten Carried Away’
Short-selling investment firm Kerrisdale Capital has MicroStrategy Inc (NASDAQ:MSTR) in its crosshairs. The short seller released a bearish report on the stock Thursday and announced a short position as part of a pair trade. What To Know: MicroStrategy serves as…
US and UK investigate Russian cryptocurrency transactions worth $20 billion – Bloomberg
The US and UK have begun scrutinizing cryptocurrency transactions totaling over $20 billion that have passed through a Russian exchange, reports Bloomberg. It is noted that payments were processed through the Moscow-based cryptocurrency exchange Garantex using the Tether cryptocurrency, which…
Bitcoin: Here’s how far along we might be in the bull cycle
BTC ETF flows could impact Bitcoin’s “cyclicality” Popular analyst claimed we’re less than 40% into the bull cycle Traditionally, Bitcoin [BTC] has a strict four-year market cycle that surges during the halving event. Based on this market cycle theory, altcoin season always starts…
Rethinking Retirement: BlackRock CEO Shares Ideas on Fixing It
This content was originally posted on Valuewalk.com The CEO of the largest investment-management firm in the world has some thoughts on fixing what’s broken about the retirement … Read more
BlackRock CEO’s ETF comments boosts Ethereum (ETH) and Algotech (ALGT)
BlackRock CEO Larry Fink believes a spot Ethereum ETF is possible even if SEC designates ETH a security. Markets are upbeat amid this outlook despite current weakness. Meanwhile, investors eyeing new gems have identified new token Algotech (ALGT). BlackRock CEO…