Cryptocurrency Analysis and News Portal
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat Illegal Crypto Mining Operations Police in Abkhazia are conducting
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Aaron and Austin Arnold, better known as “Altcoin Daily”, have partnered up with HELLO Labs to produce and star in the upcoming crypto TV show, Killer Whales. Scheduled for release later this year, the show sees founders from across the globe travel to Hollywood to pitch their crypto and NFT
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The largest cryptocurrency by market capitalization was recently down over 4.5% amid ongoing worries about inflation and the size of the next interest rate hike. Source
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Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI reading in BTCUSD is deceiving, leading to some of the most dramatic moves
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Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for
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According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during
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Sam Bankman-Fried has reportedly been leading a decent lifestyle while under house arrest in his parent’s home in Palo Alto — with daily jogs, a security detail, and a couple of in-home visits.However, it's not exactly a life of endless luxury either. The former FTX CEO is reportedly required to
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The cryptocurrency industry is expected to be trapped in the ongoing bear market in 2023.The cryptocurrency market has significantly shrunk in 2022, with over $2.2 trillion liquidated in the past twelve months. According to aggregate data from the block, the daily crypto spot trading volume on all exchanges has dipped
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Place/Date: - December 24th, 2022 at 9:30 pm UTC · 2 min read Contact: Jenny Sun, Source: MEXC On December 20th, MEXC, the cryptocurrency trading platform, launches the broker program. Brokers who sign up for this program can get up to 50%-60% rebate on trading fees.
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Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”Data from on-chain monitoring resource Coinglass shows that Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13.CZ: FUD is “thoroughly annoying”The latest hotspot for fallout from the
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