Crypto Currency

Bitcoin’s Soaring Energy Demand Sparks Regulatory Challenges

The energy footprint of Bitcoin mining is off the charts. The already gargantuan energy consumption of the process to mint new coins of the cryptocurrency more-than doubled over the course of 2023 on the back of strong prices. The United States, one of the world’s biggest hubs for cryptocurrency mining…

Published 2 years ago in
Bitcoin’s Soaring Energy Demand Sparks Regulatory Challenges

The energy footprint of Bitcoin mining is off the charts. The already gargantuan energy consumption of the process to mint new coins of the cryptocurrency more-than doubled over the course of 2023 on the back of strong prices. The United States, one of the world’s biggest hubs for cryptocurrency mining…
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Crypto Currency

Bitcoin’s ‘overbought’ signal flashes price top warning with focus on $78K

Bitcoin’s 36% rally from $60,000 resulted in the relative strength index flashing a potential top signal not seen since early 2026…

Published 12 hours ago in
Bitcoin’s ‘overbought’ signal flashes price top warning with focus on $78K

Bitcoin’s 36% rally from $60,000 resulted in the relative strength index flashing a potential top signal not seen since early 2026…
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Crypto Currency

Australian police seize $4.1M in Bitcoin tied to darknet market

NSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons…

Published 12 hours ago in
Australian police seize $4.1M in Bitcoin tied to darknet market

NSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons…
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Crypto Currency

Bitcoin faces new tariff risk as EU races to finalize US trade deal this month

The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%…

Published 12 hours ago in
Bitcoin faces new tariff risk as EU races to finalize US trade deal this month

The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%…
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Crypto Currency

Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days

Buyers on Binance shifted decisively in recent weeks. The exchange’s seven-day net taker volume swung from roughly -$1 billion in late March — a period dominated by sellers — to around $2.6 billion by early May, signaling that demand had returned with some force. Related Reading: XRP Market Now Controlled By Whales…

Published 12 hours ago in

Buyers on Binance shifted decisively in recent weeks. The exchange’s seven-day net taker volume swung from roughly -$1 billion in late March — a period dominated by sellers — to around $2.6 billion by early May, signaling that demand had returned with some force. Related Reading: XRP Market Now Controlled By Whales…
Read More

Continue Reading