In a rollercoaster ride of hope and despair, Bitcoin, the largest market capitalization Cryptocurrency, sent ripples throughout the community when its price soared from $25,912 to $28,089, following Grayscale Bitcoin Trust’s (GBTC) triumph over the Securities and Exchange Commission (SEC) on August 29. However, this bullish momentum proved to be
India has taken center stage as it currently presides over the G20, a pivotal forum comprising the world’s major economies. Amidst its diverse initiatives encompassing startups, cybersecurity, and disaster risk management, India’s call for a unified approach to address the complexities of cryptocurrencies has caught the attention of the global
● Cambridge Bitcoin Electricity Consumption Index (CBECI) estimated Bitcoin mining’s annual power demand to be 120.29 TWh. ● Cloud mining enables users to participate in crypto mining without the need for hardware. The cryptocurrency landscape is constantly evolving, with users adapting to changing trends and market patterns. As participants in
The distinctive meme coin, Shiba Inu, known for its consistent updates and developments, marked a significant milestone last month with the launch of its mainnet blockchain, Shibarium. Adding to it , In its special month August, Shiba Inu burned a staggering 5,715,986,938 SHIB tokens. It is currently valued at $45,532.
As we find ourselves in the final month of Q4 this year, it’s crucial to reflect on the past months, marked by extreme volatility and a series of significant events. The year began by recovering from the FTX collapse, witnessed the Memecoin hype season in Q2, faced SEC regulatory challenges
Launched on August 15th, the new cryptocurrency, CyberConnect, is causing a stir with its remarkable surge. Although all coins received a boost from the Grayscale Bitcoin Trust (GBTC) victory over the SEC, they eventually retracted back into the red zone on the chart. However, CYBER, which surged from $3.5937 to
After celebrating a significant victory against the United States Securities and Exchange Commission (SEC), which aimed to transform the Grayscale Bitcoin Trust (GBTC) into a publicly listed Bitcoin exchange-traded fund (ETF), the charts of the major crypto Currencies turned green. However, in a surprising turn of events, the coins quickly
In the midst of a bear market, a glimmer of hope emerges with recent news regarding Grayscale Investments, a crypto asset manager. It has achieved a significant victory against the United States Securities and Exchange Commission (SEC) in its pursuit to transform the Grayscale Bitcoin Trust (GBTC) into a publicly
As another victim of the bearish crypto market, the smart contract blockchain, Avalanche (AVAX) has been grappling with bearish pressure for over a month. Over the past 30 days, AVAX’s price has plummeted by 21.52%. It hit an all-time low of over two years at $9.997 on August 28. However,
Amidst a crypto market dominated by bears, the global cryptocurrency market cap stands strong at $1.09 trillion. In the past 24 hours, a minor surge of 0.27% has occurred, reflecting a notable shift of 6.62% from a year ago. While Bitcoin (BTC) asserts its authority with a market cap of
