Crypto Currency

Why the UK Can’t Mine Bitcoin With Excess Energy

Reading Time: 2 minutesThe UK government is set to pay energy suppliers £1 billion to prevent them from operating wind farms This has led to the question: why can’t they mine bitcoins? The answer is both technical and regulatory It was revealed yesterday that the UK is producing so much electricity that the government is

Published 11 months ago in
Why the UK Can’t Mine Bitcoin With Excess Energy

Reading Time: 2 minutesThe UK government is set to pay energy suppliers £1 billion to prevent them from operating wind farms This has led to the question: why can’t they mine bitcoins? The answer is both technical and regulatory It was revealed yesterday that the UK is producing so much electricity that the government is set to pay producers a record £1 billion ($1.26 billion) in 2024 to turn off wind farms…
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Crypto Currency

Silver Breaks Record Prices in Historic Cup and Handle Event

Silver, the oftentimes belittled commodity metal, has reached a historic price high, with prices soaring over $56 per ounce. The move is part of a cup and handle formation in the making for decades, and analysts stress that prices can reach even higher. Silver Breaks All-Time High Prices as Five Decades Cup-and-Handle Formation Breaks Out

Published 8 hours ago in
Silver Breaks Record Prices in Historic Cup and Handle Event

Silver, the oftentimes belittled commodity metal, has reached a historic price high, with prices soaring over $56 per ounce. The move is part of a cup and handle formation in the making for decades, and analysts stress that prices can reach even higher. Silver Breaks All-Time High Prices as Five Decades Cup-and-Handle Formation Breaks Out [……
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Crypto Currency

Here’s One Reason Why Bitcoin Might Rally After Thanksgiving

The cryptocurrency appears to have stabilized, and if everything falls into place at the right time, a holiday rally might be in order. The Catalyst That Could Push Bitcoin Higher Before the Holidays It went largely unnoticed, but on Wednesday, Treasury Secretary Scott Bessent wrapped up several important interviews with five candidates…

Published 8 hours ago in
Here’s One Reason Why Bitcoin Might Rally After Thanksgiving

The cryptocurrency appears to have stabilized, and if everything falls into place at the right time, a holiday rally might be in order. The Catalyst That Could Push Bitcoin Higher Before the Holidays It went largely unnoticed, but on Wednesday, Treasury Secretary Scott Bessent wrapped up several important interviews with five candidates…
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Crypto Currency

Crypto Carnage: $9.45 Billion in Leveraged Positions Obliterated, 1.42M Traders Liquidated

President Donald Trump’s China tariff threat saw the cryptocurrency market shed more than $500 billion after the total market capitalization nosedived from $4.25 trillion to under $3.75 trillion. Bitcoin pulled the market down ( BTC), briefly tumbling to $109,683, a near double-digit drop in 24 hours…

Published 17 hours ago in
Crypto Carnage: $9.45 Billion in Leveraged Positions Obliterated, 1.42M Traders Liquidated

President Donald Trump’s China tariff threat saw the cryptocurrency market shed more than $500 billion after the total market capitalization nosedived from $4.25 trillion to under $3.75 trillion. Bitcoin pulled the market down ( BTC), briefly tumbling to $109,683, a near double-digit drop in 24 hours…
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Crypto Currency

Here’s How High The XRP Price Would Be With The Market Cap Of Bitcoin

Among all the cryptocurrencies in the industry, few have seen as many comments and predictions as XRP. Once trapped under legal uncertainty, XRP has begun to reclaim attention thanks to favorable legal developments and the anticipated launch of Spot XRP ETFs.  However, XRP’s current valuation is significantly below that of the largest cryptocurrency…

Published 17 hours ago in
Here’s How High The XRP Price Would Be With The Market Cap Of Bitcoin

Among all the cryptocurrencies in the industry, few have seen as many comments and predictions as XRP. Once trapped under legal uncertainty, XRP has begun to reclaim attention thanks to favorable legal developments and the anticipated launch of Spot XRP ETFs.  However, XRP’s current valuation is significantly below that of the largest cryptocurrency…
Read More

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