Crypto Currency

Research Predicts China Bitcoin Carbon Emissions Will Reach 130M Metric Tons In 2024

With the vigorous development of Bitcoin, the power consumption and carbon emissions caused by the operation of the Bitcoin blockchain are also increasing day by day. Researchers from the Chinese Academy of Sciences and Tsinghua University recently conducted a modeling analysis and believe that the annual energy consumption of the Bitcoin mining in China is…

With the vigorous development of Bitcoin, the power consumption and carbon emissions caused by the operation of the Bitcoin blockchain are also increasing day by day. Researchers from the Chinese Academy of Sciences and Tsinghua University recently conducted a modeling analysis and believe that the annual energy consumption of the Bitcoin mining in China is […]
Research Predicts China Bitcoin Carbon Emissions Will Reach 130M Metric Tons In 2024 comes from China Money Network: Primary Data for China’s Primary Markets! All Rights Reserved.
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Crypto Currency

XRP Price Prediction: Bitcoin Dominance Puts $1.30 Support at Risk

TLDR: XRP trades at $1.30, down 7.21% over seven days, with $1.30-$1.32 serving as key support. Vuori Trading identifies $1.39 as the next resistance and $1.87 as a potential breakout target. Cryptoinsightuk prefers a lower XRP entry near $1.22, with liquidity extending toward $1.20. Rising Bitcoin dominance could pressure XRP and other altcoins if capital

TLDR: XRP trades at $1.30, down 7.21% over seven days, with $1.30-$1.32 serving as key support. Vuori Trading identifies $1.39 as the next resistance and $1.87 as a potential breakout target. Cryptoinsightuk prefers a lower XRP entry near $1.22, with liquidity extending toward $1.20. Rising Bitcoin dominance could pressure XRP and other altcoins if capital […]
The post XRP Price Prediction: Bitcoin Dominance Puts $1.30 Support at Risk appeared first on Blockonomi…
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Crypto Currency

Bitcoin Analysts Are More Bullish Now Than at the Start of the 2023 Bull Market: CryptoQuant

Is being too bullish actually good for the crypto market…

Is being too bullish actually good for the crypto market…
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Crypto Currency

Crypto Weekly Recap: Why Bitcoin Fell, Ledger Hack and MSCI Risk for Strategy

TLDR Bitcoin fell to about $79,800 on October 15 after higher-than-expected US inflation data, then rebounded. Tampered Ledger hardware wallets were used to steal an estimated $90 million. MSCI’s new index rules could affect Strategy and other companies that hold mostly crypto. Circle’s USDC became the first stablecoin to get the EU’s top e-money token

TLDR Bitcoin fell to about $79,800 on October 15 after higher-than-expected US inflation data, then rebounded. Tampered Ledger hardware wallets were used to steal an estimated $90 million. MSCI’s new index rules could affect Strategy and other companies that hold mostly crypto. Circle’s USDC became the first stablecoin to get the EU’s top e-money token […]
The post Crypto Weekly Recap: Why Bitcoin Fell…
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Crypto Currency

Crypto ETFs Lose $610 Million as Ethereum Outflows Overtake Bitcoin

TLDR U.S. crypto ETFs saw $610.7 million in net outflows from Oct. 12 to Oct. 16, down from $1.29 billion the week before. Ethereum funds lost $320.1 million, with BlackRock’s iShares Ethereum Trust making up $299 million of that. Bitcoin funds lost $228.4 million, even after a $175.7 million Tuesday…

TLDR U.S. crypto ETFs saw $610.7 million in net outflows from Oct. 12 to Oct. 16, down from $1.29 billion the week before. Ethereum funds lost $320.1 million, with BlackRock’s iShares Ethereum Trust making up $299 million of that. Bitcoin funds lost $228.4 million, even after a $175.7 million Tuesday…
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