State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the power deficit to reach 600 megawatts as demand during the winter increases even further. Kazakhstan Likely to Buy Electricity From Russian Federation to Deal With …
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press release PRESS RELEASE. Today, Liquid Craft has announced the launch date for their first NFT series that is set to go live on Oct 29th at 12 PM PST for presale and Oct 31st 12 PM PST for public sale. The first Liquid Craft NFT series in the roadmap is called Dragons and Bourbon, …
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Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements. ‘Shocktober’ Report Paints …
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The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole currency again. Government Focused on Strengthening Local Currency Instead of entertaining those calling for the dollarization of the Zimbabwean economy, Ncube suggested his ministry is in fact focused on defending the value …
The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads in the blockchain-based gaming sector with a somewhat novel approach that incorporates features from P2E gaming, NFTs and decentralized finance (DeFi). …
Continue reading “Aavegotchi (GHST) gains 50% as ‘Gotchiverse’ auctions set a path to the Metaverse”
A popular crypto strategist and trader is updating his analysis on three altcoins he says are primed to hit all-time highs. The pseudonymous crypto analyst known as Capo tells his 183,700 followers that he’s still “all in” on altcoins. ADVERTISEMENT The trader expects DOT, the native asset of smart contract platform Polkadot, to “outperform …
Decentralized Finance (DeFi) platform Cream Finance (CREAM) says that its lending market suffered a hack resulting in the loss of crypto assets worth approximately $130 million. Cream Finance says in a tweet that the attacker exploited a vulnerability in the first version of the C.R.E.A.M. lending market platform. ADVERTISEMENT “Our Ethereum C.R.E.A.M. v1 lending …
Popular crypto trader Michaël van de Poppe is updating his analysis on Ethereum (ETH) as the crypto asset hits a new all-time high of $4,428. Van de Poppe tells his 459,000 Twitter followers that the second-largest crypto by market cap has flipped resistance into support and appears ready to begin a gradual push to a …
President Biden’s new agenda could expand how capital gains taxes apply to crypto assets. Included in H.R. 5376, also known as the “Build Back Better” bill, is a clause that would amend the Constructive Sale rule to apply to cryptocurrencies and other digital assets. ADVERTISEMENT The Constructive Sale rule was created in 1997 to …
A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about 98 billion tenge ($230 million) per year in the country. Alan Dordzhiev, the president of …
The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460. ETH/USDT 4-hour chart. Source: TradingView Here’s what anlaysts are saying about the market now that Bitcoin is finding …
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Ardana, a stablecoin ecosystem built on the Cardano (ADA) blockchain, received $10 million in seed capital from a group of investors led by Three Arrows Capital and Ascensive Assets. Ryan Matovu, CEO and co-founder of Ardana, issued the following statement regarding the deal: “As the first all-in-one stablecoin ecosystem built on Cardano, our platform provides …
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Bitcoin (BTC) is still in a corrective phase but Ether (ETH) has attracted strong buying, which pushed it to a new all-time high on Oct. 29. The successful Altair Beacon chain upgrade seems to have boosted sentiment and it also paves way for the merge with the Ethereum mainnet and the change to proof-of-stake. Meanwhile, …
Continue reading “Price analysis 10/29: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA”
October 29, 2021 – Jakarta, Indonesia Good Games Guild, the play-to-earn game hub, has closed its seed fundraising round collecting $1.7 million from a list of notable investors. Specifically, NGC led the round with OKEx Blockdream Ventures, Chromia, LD Capital, Basics Capital, Twin Apex Capital, Kyros Ventures, Titan Ventures, Mapleblock, Fomocraft Ventures, ExNetwork Capital, Master …
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About 400 days ago, an anonymous crypto investor purchased about $8,000 worth of the memecoin Shiba Inu (SHIB). The return on that investment? The lucky trader’s SHIB is now worth more than $4.45 billion. ADVERTISEMENT The business media company Morning Brew first reported on the jaw-dropping trade earlier this week, right as SHIB was …
