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Factors That Determine the Profitability of Bitcoin Mining

Dec 05 2022 @ 16:48
The profitability of a Bitcoin mining venture is determined by some factors. The most important factor of them all is the very price of Bitcoin. When the price of Bitcoin is high, mining becomes easier than when the price is low. This is because of the high cost involved in mining new blocks. A comfortable […]
 

Former FTX boss promises an indefinite date for his Congressional appearance

Dec 05 2022 @ 11:44
 QUICK TAKE House Financial Services Committee invites SBF to a Dec 13 hearing on his failed exchange The invitation provides SBF with an opportunity to clarify issues and boost investors’ confidence pledges a congressional appearance on a yet-to-be-determined date Sam Bankman-Fried (SBF), who is in hot water, has the chance to address a variety of […]
 

FTX Disaster, What went Wrong?

Dec 01 2022 @ 17:30
More than 2 billion dollars was lost in the FTX disaster due to problems relating to a lack of liquidity on the platform. Within 3 days, about 80% of the value of the FTT token was lost. FTX was once seen as a survivor and a champion in the struggling market. What went wrong with […]
 

Breaking News: Tiantian Kullander, the Co-founder of Amber Group Dies at 30

Nov 29 2022 @ 05:40
The crypto industry has lost another genius – Tiantian Kullander and this is the second of such, after the incident of the death of Nikolas Muchegian who died in late October. Tiantian is an influential young man who co-founded a Hong Kong-based cryptocurrency company which is known as the Amber group. He passed away in […]
 

GBP/USD Selling Near 1.2050 During COVID Crisis in China

Nov 28 2022 @ 01:59
GBP/USD is facing mild selling pressure around 1.2050 before London open today. GBP/USD is trying to cheer the impetus hopes during the anxiety of main strikes in the United Kingdom and Coronavirus agitations in China. A report from Reuter has it that British public-sector pay won’t be able to match the rising inflation. This is […]
 

Dutch Detectives Nab Man Over Suspicious Bitcoin Transactions

Nov 23 2022 @ 06:45
Dutch government anti-fraud organization places its searchlight on a man for probable money laundering charges through the use of a Bitcoin ATM A man in his early forties will spend some time in the care of security personnel and give them helpful information regarding where he received the money he utilized in some recent transactions. […]
 

The Founder of Cheelee and NUTson Launches a $200 Million Support Fund for the Crypto Industry

Nov 22 2022 @ 17:35
The creator of a Web3 Social video platform, which is known as Cheelee and a Web2 mobile App program known as NUTson has announced the establishment of a $200 million support fund aimed at supporting the crypto industry in turbulent financial times. The Founder of Cheelee and NUTson, Roman Alekseev, in a statement that he […]
 

Bushveld Minerals price: BMN bulls retaliate

Nov 22 2022 @ 08:08
Bushveld Minerals Limited shares (LSE:BMN) are bearish in the long term, but bullish in the short term. Bulls are striving hard to undo the protracted bearishness registered in the charts. The ADX period 14 is almost below the level 20, which means the momentum in the market is not currently great. DM+ is somewhat above […]
 

EUR/USD Continues to Gather Profits Above 1.0250 During USD Pullback

Nov 22 2022 @ 03:57
EUR/USD continues to move further above the 1.0250 mark during the opening hours of the European trading period. A lower hawkish tone from the Federal Reserve is burdening the United States Dollar. At the same time, European Central Bank officials see the need for a reduced interest rate come next December. Meanwhile, the United States […]
 

XRP Bears Form Concrete Resistance $0.400 Price Level

Nov 21 2022 @ 16:19
In October, the XRP market consolidated below the 20-day moving average. This was after the bull market faced rejection at the $0.50 price level. The buyers attempted to recapture the $0.5 level, but they were rejected again. This time around, the bearish run brought the price to $0.329. The support was formed from this point […]
 
 
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