Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI prints classic bull... Read more »
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is... Read more »
India Proposes 30% Tax on Crypto Income — Finance Minister Cites 'Phenomenal Increase' in Crypto Transactions

India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions

The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets... Read more »
OpenSea Saw a 646x Increase in Trading Volume in 2021

OpenSea Saw a 646x Increase in Trading Volume in 2021

Key Takeaways Transaction volume on OpenSea surpassed $14 billion in 2021, up by a factor of 646 compared to 2020. Top collections such as Bored Ape Yacht Club and Decentraland accounted for... Read more »
Small Ethereum investors increase exposure as ETH loses $4K level

Small Ethereum investors increase exposure as ETH loses $4K level

Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors... Read more »
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase

Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase

While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13,... Read more »
BTC's Cost Increase Provides 5-Year-Old Mining Rigs New Life-- Bitcoin Hashrate Jumps Near To 20% Because Recently

BTC’s Cost Increase Provides 5-Year-Old Mining Rigs New Life– Bitcoin Hashrate Jumps Near To 20% Because Recently

As bitcoin’s worth has actually increased, the worldwide hashrate has actually been gradually climbing up greater week after week. On Sunday, the hashrate committed to the Bitcoin network is hovering simply above... Read more »
Bitcoin's Mining Trouble Continues to Increase: 37% Harder to Mine BTC Than 3 Months Ago, Trouble Nears 20 Trillion

Bitcoin’s Mining Trouble Continues to Increase: 37% Harder to Mine BTC Than 3 Months Ago, Trouble Nears 20 Trillion

Bitcoin’s hashrate has actually been climbing up gradually over the last 3 months and increased more than 40% after the network’s hashpower was listed below 90 exahash per 2nd (EH/s) on July... Read more »
Risk-averse Ethereum traders utilize this choices method to increase direct exposure to ETH

Risk-averse Ethereum traders utilize this choices method to increase direct exposure to ETH

On Oct. 1, the cryptocurrency market experienced a 9.5% pump that drove Bitcoin (BTC) and Ether (ETH) to their greatest levels in 12 days. A range of factors have actually been credited... Read more »