Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal to introduce higher tariffs for Russians minting digital coins at their homes. Authorities in …
Yearly archives: 2023
Bill on Digital Ruble Submitted to Russian Parliament
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to Be the Sole Operator …
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Trader Who Called Bitcoin Crash Says BTC Could Easily Rally to $160,000 – Here’s His Timeline
A crypto analyst who nailed Bitcoin’s (BTC) collapse last year predicts a massive surge for the king crypto. The analyst known in the industry as Dave the Wave tells his 131,900 Twitter followers that based on his logarithmic growth curve (LGC) model, Bitcoin could ascend to $160,000 by January 2025. “On the basis of the …
Australia overtakes El Salvador to become 4th largest crypto ATM hub
El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvador’s drive to establish Bitcoin as a legal tender, President Nayib Bukele had decided to install over 200 crypto ATMs …
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Crypto Mind Reviews RobotEra | Get Early On The TARO Presale
Popular YouTuber Crypto Mind reviewed crypto initiative creating interactive metaverse world RobotEra and its native coin TARO which is on presale now. The way wherein […] Go to Source
Indian Central Bank: Developing Global Crypto Regulation Is a Priority for G20 Under India’s Presidency
The Reserve Bank of India (RBI) says one of the priorities for the G20 under India’s presidency is to “develop a framework for global regulation, including the possibility of prohibition, of unbacked crypto assets, stablecoins, and defi.” The Indian central bank warned that “turmoil in crypto assets market” is among “the major risks that can …
Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About SEC Regulations Crushing Crypto Tokens The author of Rich Dad Poor Dad, …
ETH Price Prediction – 2023 and Beyond
From the LUNA crash to the shift to Proof-of-stake to the event FTX debacle, the ETH price was put through the gauntlet in 2022. However, […] Go to Source
Solana Continues Its Freefall – Will The FUD Ever Stop?
Solana has been on a freefall since the collapse of FTX and has not been able to move upwards because of the FUD (fear, uncertainty and doubt) surrounding the ecosystem and its connections with the former crypto exchange. According to recent news, Solana’s native token SOL has dropped 51.14% since the day FTX fell from …
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A Crypto Holiday Special: Past, Present, And Future With Material Indicators
2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the spirit of Charles Dicken’s classic, “A Christmas Carol,” we’ll look into crypto …
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Is Polkadot (DOT) A Must-Have For Your 2023 Portfolio?
The year 2023 is said to be huge for Polkadot (DOT) as it is one of the cryptocurrencies to watch out for. Many crypto experts are very optimistic about Polkadot, and they’re saying that traders should keep an eye on the coin because its developments will be big for that year. DOT is looking bearish …
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Top Crypto Analyst Issues Bearish Warning, Says Avalanche and One Mid-Cap Altcoin Could Crash by Over 70%
A popular cryptocurrency analyst and trader is expressing a bearish outlook on two under-the-radar altcoins. Starting with smart contract platform Avalanche (AVAX), the pseudonymous analyst and trader Capo tells his 695,000 Twitter followers that the altcoin could lose over 70% of its value as he says the present support level of around $10 appears likely …
Top crypto funding stories of 2022
2022 was a watershed year for crypto venture capital, as investors poured tens of billions of dollars into blockchain-focused startups despite the overwhelmingly bearish trend in asset prices. Is the VC-dominated crypto funding model good for the industry? Only time will tell. Cointelegraph Research is still in the process of tallying all the funding figures …
SushiSwap CEO proposes new tokenomics to survive liquidity crunch
SushiSwap’s CEO, Jared Grey, introduced a proposal on Dec. 30 to alter the tokenomics of the SUSHI token in an attempt to revive the protocol amid a liquidity crunch. On Dec. 6, Grey set off a furor in the SUSHI community after announcing that the project’s treasury had a runway of only 1.5 years. At …
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BTC performed better than ARKK, MSTR, COIN despite 65% fall in 2022
Only DXY and Gold recorded an increase year-to-date. 1 min read Updated: December 31, 2022 at 10:02 pm Cover art/illustration via CryptoSlate CryptoSlate looked into Glassnode data representing year-to-date (YTD) reviews of leading assets and currencies and revealed that Bitcoin (BTC) performed better than Ark Innovation ETF (ARKK), MicroStrategy Inc. (MSTR), and Coinbase Global Inc …
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