Month: July 2022

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says โ€“ Mining Bitcoin News

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Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the countryโ€™s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report revealed. Crypto Miners May Find It Harder to Access Swedenโ€™s Cheap Green Energy Amid forecasts for growing energy needs in other sectors, Sweden may change its attitude towards cryptocurrency mining. In a recent interview, Minister of Energy Khashayar…

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Otherside Metaverse demo kicks off with 4,500 participants: highlights

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Around 4,500 people havejumped into the โ€œfirst tripโ€ tech demo of the Otherside Metaverse project associated with Yuga Labsโ€™ Bored Ape Yacht Club (BAYC). The highly anticipated first trip occurred on July 16 and was open to Otherdeed NFT land owners, known as Voyagers, who have all snapped up tokenized land plots in the Otherside virtual world. It appears to have been a resounding success, with numerous community members taking to Twitter to express their enthusiasm for the event. Today’s @OthersideMeta First Trip was truly a wild experience! Jumping through…

Bitcoin Price Eyes Fresh Increase To $22K, Why Dips Remain Supported

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Bitcoin started a steady increase above the $21,000 resistance against the US Dollar. BTC could rise further towards $22,000 if it stays above the $20,500 support. Bitcoin is slowly moving higher above the $21,000 resistance zone. The price is now trading above the $20,800 level and testing the 100 hourly simple moving average. There was a break above a short-term bearish trend line with resistance near $21,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it clears the $21,500…

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ุฑุงุจุท ุงู„ู…ูˆู‚ุน ุฅุณุชุบู„ูˆู‡ โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Bitcoin hodling activity resembles previous market bottoms: Glassnode

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The majority of Bitcoin has been โ€œhodledโ€ for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a July 16 tweet, Glassnode noted that more than 80% of the total U.S. dollar (USD)-denominated wealth invested in Bitcoin has not been touched for at least three months. This signifies that the โ€œmajority of BTC coin supply is dormantโ€ and that hodlers are โ€œincreasingly unwilling to spend at lower prices,โ€ said the firm. Over 80% of the total USD denominated…

Paraguayโ€™s crypto framework one step away from becoming law

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The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors. The bill, introduced last July by Senator Fernando Silva Facetti and passed in Congress in May before reaching the Senate, calls for the formation of the Ministry of Industry and Commerce (MIC) to oversee crypto industry service providers. The bill is now one step away from being ratified as law by President Mario Abdo Benรญtez. A notice from Congress in May stated that the…

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US and UK to Deepen Ties on Crypto Regulation, Says British Regulator โ€“ Regulation Bitcoin News

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Britainโ€™s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. โ€œIn the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,โ€ said the British regulator. US and US to Strengthen Collaboration on Crypto Regulation The U.K. Financial Conduct Authorityโ€™s chief executive, Nikhil Rathi, outlined the FCAโ€™s regulatory goals Wednesday at Peterson Institute for International Economics. โ€œOne area of global focus is crypto, both opportunities and risks,โ€…

[CONFIRMADO] BITCOIN EM ALERTA NESSE MOMENTO

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Instagram: AVISOS: LISTA DE ESPERA (CURSO): BATE-PAPO: A analise tรฉcnica de hoje รฉ da criptomoeda Bitcoin BTC, listada na corretora Binance. Esse mรฉtodo de analise รฉ uma maneira pouco conhecida por muitos e รฉ um passo a passo que ajuda a ganhar muito dinheiro de forma simples e rรกpida. A criptomoeda Bitcoin BTC vem sendo bastante aplicada como busca de investimento para multiplicar o patrimรดnio financeiro (mais dinheiro) e dita por muitos com uma das criptomoedas mais promissoras para 2022 e para…