Month: February 2022

US Bitcoin miners expanding operations despite price volatility

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Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s (BTC) three-month downturn. The Marathon Digital Holdings and GEM Mining companies in the U.S. told Cointelegraph this week that they each expect the size of their respective operations to grow through 2022 by at least doubling the number of machines at their facilities. Marathon Digital’s VP of corporate communications Charlie Schumacher told Cointelegraph in an interview that it is moving forward with plans to deploy 199,000 new machines by 2023 to secure…

US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security – Regulation Bitcoin News

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The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Secret Service’s Crypto Awareness Hub The U.S. Secret Service announced last week that it “has launched a cryptocurrency public awareness hub.” Established in 1865 as a bureau in the Treasury Department to suppress widespread counterfeiting, the Secret Service is now under the Department of Homeland…

Bitcoin Strategy Update 🔥 | For Beginners in Crypto Investment !!!

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USA is BANNING Bitcoin MINING and Ethereum Crypto STAKING?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The USA is inadvertently banning Bitcoin, Ethereum, cryptocurrencies, mining, and staking with unfair, realistically impossible, and simply privacy invasive legislature under the banner of more tax income.. Subscribe to VoskCoin – Learn more about EGORAS and their mission – Compass sells Bitcoin mining rigs – Get $25 for free with CryptoCom! Review the BEST Helium hotspot miners – Bobcat Miner 300 is the BEST mining rig to buy! This is not a drill, and it’s not a joke, nor is this clickbait…

Cardano Whales Devour Dip, Why They Don’t Care About Price Action

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Despite the crypto market’s bloodshed, in the past few days, the Cardano (ADA) trading activity has been relentless, and its holders’ balance remains strong with a multi-year high. Into The Block data indicates that the wallet balance held by long-term Cardano holders hit a multi-year high on February 23. “Regardless of the price action, Cardano‘s holders remain strong. The balance held by HODLERS- addresses holding >1 year, is at a multi-year high. These HOLDERS increased their positions to 10.12b $ADA, the largest balance since December 11, 2019.” Source: Into The…

Buterin Says “Ethereum Is Neutral, But I Am Not” In Condemnation Of Russia’s Attack

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Minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country, Vitalik Buterin, a Russian-Canadian cofounder of the Ethethereum B blockchain, criticized Russian President Vladimir Putin on Twitter. Buterin Speaks Out Buterin said on Wednesday evening that he was “very upset” by Putin’s choice to start a war instead of finding a peaceful solution to Russia’s issue with Ukraine. Vitalik wrote in Russian on Twitter: “Very upset by Putin’s decision to abandon the possibility of a peaceful solution to the dispute with Ukraine…

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Ethereum Gets an Upgraded Scaling Testnet – And It’s Actually Years Ahead of Schedule

Over the past couple of years, Ethereum rollups have taken two different directions in scaling the base layer, categorized as Optimistic and Zero-Knowledge. Both technologies have seen some level of adoption, with Arbitrum being the most notable Optimistic chain and DyDx taking advantage of ZK technology for its leveraged trading application. Like DyDx, ZK rollups have historically focused on offering a single type of application per chain, because the full Ethereum environment that offers customizable smart contracts would be too computationally extensive. Source

Bitcoin Monthly Cyclicality Paints Grim Picture For Last Week Of February

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For the past year, bitcoin has shown a cyclicality that has been on a semi-regular basis. For most of last year, most months had finished in the positive with green candles dominating the market. However, while most of the months have been positive, there have been significant differences between the first half of the month and the second half. This push and pull pattern has continued into the new year, spelling some bad news for the end of February. Looking At Monthly Cyclicality Through 2021 Eight months out of the…