TeraExchange, a centralized cryptocurrency exchange, recently stated on Twitter that it has added support for Shiba Inu. Moreover, the post highlighted the platform’s enthusiasm for making one of the most popular meme currencies accessible for trade on the centralized platform. In the release, it was stated that effective on January
Following the backing of Elon Musk’s purchase of Twitter, investment company Fidelity has written down the value of its original share in the social media site. Fidelity Blue Chip Growth Fund has reduced the carrying value of its Twitter investment by more than 50 percent, as reported in a November
Cryptocurrency miners in Kazakhstan have been subject to a progressive scale. For the calculation of their monthly power fees as of January 1. The first universal fee, implemented in the summer of 2021, was 1 Kazakhstani tenge ($0.002) per kilowatt-hour (kWh). But it may currently exceed 25 tenge (above $0.05).
This first week of 2023 has been particularly intense for Bitcoin’s computing power, as it set a new milestone and ushered in the year by shattering its previous high point. On 7 January, Bitcoin’s hashrate was reported to be 290 EH/s, having already reached an ATH the day before. ATH
The U.S. jobless rate reportedly hit a 50-year low of 3.5% in December. Predictions anticipated it maintaining its pre-recession high of 3.7%, so this is a decrease from that. But, hiring slowed quite a little as the year came to a close. Even if the job outlook is bright according
After the Grayscale Digital Large Cap Fund liquidated its investment in the Avalanche network on Thursday, the AVAX token dropped by around 3% on Friday. On Friday morning, Grayscale filed a notice with the SEC detailing the rebalancing, explaining that it had “adjusted the fund’s portfolio by selling Avalanche (“AVAX”)
The National Cyber Crime Unit (NCCU) Crypto Cell is a new unit of the UK’s National Crime Agency (NCA) tasked with proactively investigating cryptocurrency-related crime. The NCA has announced that the inaugural squad would consist of five officers working out of the NCCU. While the NCA’s interest in combating crypto
The Iranian government’s OCSSOP is giving back some of the mining hardware it confiscated during raids on underground cryptocurrency operations. According to the Financial Tribune, the Iranian courts issued the ruling. The country’s Ministry of Economic Affairs and Finance cited the organization’s chairman, Abdolmajid Eshtehadi as saying: “Currently, some 150,000
The price of Shiba Inu (SHIB) is on the rise as Ethereum “whales” buy up large quantities of the cryptocurrency. Community members anticipate a dramatic increase in SHIB burn and usefulness on the chain in 2023, as main developers Shytoshi Kusama and Trophias, together with the Shiba Inu Ecosystem, tease
According to data provided by YCharts. The discount at which the Grayscale Ethereum Trust (ETHE) trades in relation to the price of Ethereum (ETH) is at an all-time high of 59.39%. Although the fund has historically traded at a premium to ETH. Since November 2021 it has consistently traded at
