The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second. Original
Day: March 28, 2022
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Do you know what Warren Buffet teaches his children to be rich for generations? “If you don’t find a way to make money while you sleep, you will work until you die.” We named it “passive income”. Whereas active income comes from your day job, passive income is the cash you receive while you’re doing something else. Eating dinner? You’re making money. Breathing? You’re still making money. Asleep? You guessed it; you’re making money. How is that possible? One of the most sustainable and highest-yielding cryptocurrencies to have in your…
Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC
A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bitcoin broke out of its ascending triangle on March 27 to the upside, bringing the much-anticipated level of $50,000 within its range. Interestingly, ascending triangles are continuation patterns, meaning they typically resolve by sending the price in the direction of its previous trend once it breaks out of their tightening range. Bitcoin, which was trending downwards before forming…
First Mover Americas: Ether Hits 2.5-Month High as Google Search Shows Peak Interest in 'Ethereum Merge'
Risk Assets Resilient to Faster Rate Hikes, 1994 Cycle Suggests Source
Russian government official calls to legalize mining ‘as soon as possible’
Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulations. This statement continues the recent streak of support for the crypto industry among the country’s officials. Speaking at the first national conference of legal crypto miners in Irkutsk on Saturday, Grabchak called for introducing a regulatory framework for the sector as soon as possible: “The legal vacuum makes it difficult to regulate this area and set clear rules of the game. This legal vacuum needs to be [eliminated]…
Quidax Unveils One of Africa’s Biggest Music Producers as Its Brand Ambassador and Announces the Launch of Its Crypto Academy – Press release Bitcoin News
press release PRESS RELEASE. At a press conference last week, African founded cryptocurrency exchange, Quidax announced that it will be collaborating with popular record producer, Micheal Collins popularly known as Don Jazzy. The crypto start-up had launched an online campaign with #TheQuidaxCall. The campaign which started on Tuesday, 15th March saw Quidax reveal celebrities like; Diane Russet and Bisola Aiyeola, both of whom are actresses and are former reality stars of Big Brother Naija. They also unveiled popular actor Timini Egbuson and celebrity Chef, Gbubemi Fregene aka Chef Fregz as…
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Crypto Payments Firm Wirex Withdraws From FCA's Register as Deadline Looms
Cryptocurrency payments app Wirex has withdrawn from the U.K. Financial Conduct Authority’s temporary registration regime ahead of the March 31 deadline to obtain full registration. Source
Shiba Inu, Solana Tokens Lead Gains as Bitcoin Hovers Over $47K
“The Crypto Fear and Greed index has reached 60 which is classified as Greed – the last time it reached this level Bitcoin was around $60,000,” explained Marcus Sotiriou, analyst at crypto broker GlobalBlock, in an email to CoinDesk. The fear and greed index calculates investor sentiment, with “greed” readings leading to a high probability of an imminent correction and “fear” readings preceding a period of the uptrend. Original
Japan To Plug Loophole To Prevent Russia From Evading Sanctions Through Crypto
Japan will propose a revision of its foreign exchange law to parliament, said a government official. Source