Smart Trader Rakes In Massive Gains With $TROLL And $ZUZALU Surges

In a remarkable feat, a savvy trader managed to turn a modest $300 investment into an impressive $1.03 million in just 10 days by strategically trading the $TROLL token.  The trader’s keen observation of Elon Musk updating his Twitter profile to “(CTO) Chief Troll Officer” prompted a quick move. They withdrew 4.313 ETH ($10,113) from Binance and invested 4.3 ETH to acquire 19.37 trillion $TROLL.  Subsequently, the trader sold 9.37 trillion $TROLL for 5.318 ETH ($12,467), effectively recouping the initial investment. In just 10 days, this trader turned $300 into $1.03M!😱 How did he do it? After noticing that @elonmusk

The post Smart Trader Rakes In Massive Gains With $TROLL And $ZUZALU Surges appeared first on The Merkle News.

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Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises

Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand RisesSince Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal inscriptions has risen as […]

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Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining CryptocurrencyElectricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of hardware theft have also increased significantly. Irkutsk Dealing With Rising Electricity Needs Amid Growing […]

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Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges

Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud SurgesUnknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional Government Website in Russia Hacked by Scammers The […]

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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in IranThose who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners to Pay for Damages to the Power Grid Hydropower plants in Iran have been […]

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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

How the Recent Crypto Rally Compares With Previous Bull RunsCrypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in the […]

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Markets Update: BCH Maintains Strong Lead as Crypto Prices Record Slight Pullback

Markets Update: BCH Maintains Strong Lead, but Crypto Prices See a Slight PullbackCryptocurrency markets saw some significant gains over the last two days, but prices on Thursday have started to pull back from this year’s all-time highs. When the spikes first initiated, bitcoin cash (BCH) led the pack out of the top 10 cryptocurrencies and still maintains a lead with over 75 percent worth of gains for […]

The post Markets Update: BCH Maintains Strong Lead as Crypto Prices Record Slight Pullback appeared first on Bitcoin News.

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BCH Roundup: Markets and Developments Leap Ahead This Week

BCH Roundup: Markets and Developments Leap Ahead This WeekThere’s been a lot going on within the Bitcoin Cash (BCH) ecosystem lately as both BCH markets and infrastructure developments this week have been quite interesting. Over the last two days, while most cryptocurrencies have seen gains around 1-15 percent, bitcoin cash values spiked over 25 percent yesterday. Also read: Ledger Nano S Review: Can This […]

The post BCH Roundup: Markets and Developments Leap Ahead This Week appeared first on Bitcoin News.

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EOS Price Keeps Surging as it Becomes the Fifth-Largest Cryptocurrency by Market Cap

Even though yesterday was a pretty eventful day for most cryptocurrencies, it seems the momentum remains pretty brittle. More specifically, we see the Bitcoin price going in the red again, although in far less spectacular fashion. One currency well worth keeping an eye on is EOS, as the EOS price is absolutely surging as of right now. The EOS Price Trend Remains In Place It is always interesting to see how particular cryptocurrency markets evolve. This is especially true given the most recent negative pressure we have seen affect all cryptocurrency markets. In the case of the EOS price, it

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South African Google Searches for Bitcoin Spike Amid Economic Uncertainty

South African Google Searches for Bitcoin Spike Amid Economic UncertaintyEconomic uncertainty appears to have spurred a significant spike in the number of South African citizens engaging with bitcoin and cryptocurrency. As of this writing, South African Google searches for bitcoin currently comprising the highest in proportion to country among the top 66 countries by search traffic. Also Read: Physical Bitcoin Mining Hardware Store Bitmart Opens […]

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