Month: March 2022

Bitcoin holds $40K as on-balance volume hints at multi-month BTC price breakout

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Bitcoin (BTC) narrowed its consolidation range on March 18 as the TradFi trading week looked set to end with $40,000 still in place. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders patiently await paradigm shift Data from Cointelegraph Markets Pro and TradingView showed BTC/USD preserving $40,000 support overnight, and with it the area highlighted as “crucial” by analysis Thursday. Macro cues had lessened following the United States Federal Reserve rate hike confirmation, with a lack of new triggers from Europe steadying markets overall. For popular trader Crypto Ed, the next few…

Miners that hodl the most Bitcoin are ‘relentlessly expanding’

Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are “constantly looking for expansion opportunities,” as they “plan to increase hashrate faster than the whole network in 2022.”  Publicly listed Bitcoin miners projected hashrates. Source: Arcane Research 44.95% of the global hash rate derives from North American miners, according to the latest figures from the Cambridge Bitcoin electricity consumption index. With the massive projected increases in target hash rate among the publicly…

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How to Earn Rewards in the Metaverse and Play-To-Earn Games Through Guzzler

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The cryptocurrency space has grown immensely throughout 2021. At the beginning of the year, NFTs were just a mere notion. However, as the year progressed, they picked up the pace. The OpenSea marketplace for NFTs saw vast volumes of over $3 billion as NFTs such as CryptoPunks and the Bored Ape Yacht Club sold for millions of dollars apiece. The Metaverse has also taken shape recently, as many giant corporations begin to be interested in this virtual world. There is a need for open-source NFTs that can be used in…

American Consumer Protection Key to Biden’s Cryptocurrency Plan

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While the Securities and Exchange Commission and the Commodities and Futures Trading Commission have been the U.S. financial watchdogs most closely associated with cryptocurrency regulation, U.S. President Joe Biden’s executive order on the nascent asset class actually puts consumer protection front and center. Whereas the U.S. Federal Trade Commission and the Consumer Financial Protection Bureau have largely taken a backseat to the SEC and CFTC, a closer examination of Biden’s executive order on cryptocurrencies actually directs the CFPB and the FTC to more closely study how they can police cryptocurrency…

Qatar Central Bank Studying Digital Banks and CBDCs – Bitcoin News

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Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC An official with the Qatar Central Bank (QCB) has said the institution is presently studying digital bank licensing as well as digital currencies. The official, Alanood Abdullah Al Muftah, the head of the bank’s fintech division, adds the study will enable…

Best GPU for mining in 2022 (ULTIMATE REVIEW for Ethereum, Ravencoin, Flux)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is the ultimate comparison video to find out once and for all what is the best GPU for mining in 2022. I’ve tested every current gen Nvidia GPU for mining and in this video I’m teaming up with Altered component who has tested the current gen AMD GPUs, and we put all our data together to find out what is the best mining GPU in 2022. We compare these both to find out what the best GPU for Ethereum is in…