• Bitcoin mining hashrate has recently registered its third-largest 3-month upwards increase in the past five years. • This increase suggests that blockchain is currently attractive to miners. • The largest 3-month increase in the metric’s value took place during the aftermath of the 2018-2019 bear market and April 2019 rally. What Is Bitcoin Mining …
Bitcoin Mining Hashrate Surges to Third-Highest in 5 Years Read More »
• Grayscale, the world’s largest digital asset manager, is extending its review on the former PoW system tokens. • The move was necessary as the PoS consensus protocol is not energy-intensive but more secure and valuable for deploying new scaling solutions. • The Ethereum network completed its Merge in September 2022, a significant upgrade to operate …
Grayscale Extends ETHPoW Review To Boost Security and Sustainability Read More »
• A crypto Ponzi scheme has recently been uncovered, with many Latino investors losing funds as a result. • The scam was conducted by CryptoFX LLC and their employees, Mauricio Chavez and Giorgio Benvenuto. • Chavez lured investors in by claiming to be an advanced-level trader with knowledge of the crypto market, when he had …
Losing Funds: Crypto Ponzi Scheme Targets Latino Investors Read More »
• The Federal Open Market Committee (FOMC) meeting on March 22 is expected to be the most important of the year. • The U.S. Dollar Index (DXY) will remain the main indicator for Bitcoin and crypto market movements. • QCP Capital, a leading digital asset trading firm in Asia, has released a new market analysis …
FOMC Meeting on March 22: Key to Economic Recovery? Read More »