Month: October 2022

Mercado Pago Launches Cryptocurrency Trading Services in Mexico – Exchanges Bitcoin News

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Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase, store, and sell bitcoin and ethereum, and also to receive Mercado Libre’s own token, mercadocoin. Mercado Pago Debuts Crypto Purchases in Mexico Mercado Pago is aiming to grow in Mexico with the introduction of cryptocurrency services. The company, which serves as a wallet arm of…

BNB Coin Surpasses $300 Mark Amidst Market Recovery

Binance Coin (BNB) has surpassed the $300 mark after its price surge over the week. The token was trading at around $274 per coin last Thursday and even threatened to fall lower as the week progressed. However, Tuesday saw the coin recover, adding around 5% profit to trade at $289.  It has been smooth sailing from then onward for BNB as it continues to climb higher in value. As of writing this article, BNB is currently trading at $313. BNB’s $300-mark breakthrough comes at the same time popular meme coin…

Exploring Liquid Cooling My Bitcoin Mining Farm and Expanding Buildings

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto mining rigs need a lot of moving air to keep them cool – but what if I submerge them in liquid and overclock them?! Today I’ll share why I’m considering using immersion cooling on my solar Bitcoin mining farm, and just how close we are to finally mining some BTC! Sub! Watch the full journey building out my mining farm here (playlist) – With a proper electrical setup almost ready to go, my crypto mining farm is finally taking shape after…

Dogecoin (DOGE) Manipulated By Whales? A Look Off / On-Chain

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The Dogecoin (DOGE) price has had an incredible weekend. Following Elon Musk’s confirmed Twitter acquisition, the DOGE price jumped 95% over the last seven days. The memecoin exploded to over $0.14 at times and is currently sitting at about $0.11. Musk’s gigantic influence on the DOGE price is an old acquaintance for the crypto market. Over the past few years, the Tesla and SpaceX CEO kept moving the price with his statements. But since the Twitter acquisition, he has gone quiet. Musk has not mentioned Dogecoin since the deal was…

FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia

Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sector. Speaking virtually during the annual Hong Kong FinTech Week 2022, Bankman-Fried said that other potential locations in Asia are Singapore and Busan. “If you look at what the crypto hubs will be in the world, I think the Bahamas looks like one of them, Dubai looks like one of them, but if you look at the East,…

Boo! Halloween-themed shitcoins materialize to haunt crypto Twitter

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The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw an influx of Halloween-themed cryptocurrencies hoping to cash in on the hype around the festivities. Halloween-themed cryptocurrencies have taken over the crypto ecosystem on Twitter, typically offering no real use case or future for investors. Projects like these have a track record of being sourced as an off-the-shelf product, which can be quickly renamed and deployed in the free market for trading.  Our target is 50 millions…

Dogecoin (DOGE) Mammoth Rally Takes Break, Why Dips Turned Attractive

Dogecoin surged over 100% and broke $0.12 against the US Dollar. DOGE is correcting gains, but dips might be limited below the $0.10 level. DOGE extended its rally and it cleared the $0.1000 and $0.1200 resistance levels against the US dollar. The price is trading well above the $0.1000 zone and the 100-day simple moving average. There was a break above a major bearish trend line with resistance near $0.070 on the daily chart of the DOGE/USD pair (data source from Kraken). The pair is correcting gains, but the bulls…

How I'm Still Profitable After the Ethereum Merge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s video we discuss How I’m Still Crypto Mining After The Ethereum Merge. Since Ethereum moved to Proof of Stake, GPU Mining Profitability has been at an All Time Low! Many are asking Is GPU Mining Still Profitable or What to Mine After Ethereum. In my situation I have spent a ton of time looking into my Electric Rate, which is my largest Operating Expense as a Home Crypto Miner. Earning Passive Income at Home as a CryptoCurrency Miner has been…

Here are top tips by the crypto community to get through the bear market

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The crypto bear market of 2022 has wiped out more than 70% of the market capitalization from the top. The total crypto market cap breached $3 trillion at the bull market’s peak last year but currently struggling to remain above $1 trillion. At a time when the majority of the cryptocurrencies are moving sideways with no significant bullish momentum recorded in months, it can get a little frustrating, especially for those who jumped in at the market top in hopes of making some quick money. As crypto-winter worsens, the Reddit crypto…