Cryptocurrency Analysis and News Portal
As many as 1,300 employees are working under Shell’s Low Carbon Solutions (LCS) division. A total of 90,000 people are employed by Shell Group in 70 countries. Massive layoffs taking place in the tech industry in 2022 and 2023 have extended to other fields. Recently, oil and gas giant Royal Dutch Shell PLC (NYSE: SHEL),
Read More
If not for anything else, the latest report about clean energy usage could mean a greater move toward the adoption of BTC. A Bloomberg analyst has just reported on the present situation with Bitcoin (BTC) miners as it concerns clean energy usage. In a recent thread on X (formerly Twitter), the analyst,
Read More
Elon Musk said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources “with positive future trend” — a benchmark that may have recently been met.In a Sept. 14 thread on X (formerly Twitter), Bloomberg analyst Jamie Coutts reported the percentage of Bitcoin
Read More
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi. Source
Read More
The SBC was sold "with a discount to the market price because this was the first transaction of its kind. Based on today’s bitcoin energy consumption levels, we estimate that SBC would sell now for approximately $1,150, which is roughly a 5% revenue add to a miner’s bottom line," if
Read More
Report shows reserves are largely spread between bitcoin, ether, and USDT. Source
Read More
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 9, 2022. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Read More
Ethereum's native token, Ether (ETH), underwent a sharp relief rally after falling to $880, its lowest level in eighteen months, on June 18.ETH price regains 30% in two daysEther's price reached above $1,150 this June 19, marking 30%-plus gains in just two days. However, at the beginning of the new
Read More
"Some traditional internet business models, like advertising, are likely to persist in the metaverse. However, with blockchain-adjacent technologies such as decentralized identity and zero-knowledge proofs (ZKP), one’s privacy can actually be preserved in the metaverse, if we construct the foundations just right. Nonetheless, leveraging these kinds of privacy and identity
Read More
New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a report claims that blockchain has the potential to help the industry achieve its climate action goals. The report, titled "Managing Climate Change
Read More