Bitcoin miners rethink business strategies to survive long-term
A look at why some Bitcoin miners continue to thrive in the bear market while others need to rethink their strategies in order to continue operations. Go to Source Powered by WPeMatico
Month: October 2022
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 6-Week Highs as Dollar Loses Steam
Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United States fell by more than expected in October. Ethereum was also trading at a multi-week high in today’s session Bitcoin Bitcoin … Read more
Ethereum is ahead of Bitcoin this rally — But ETH price still risks 20% crash against BTC
Ethereum has entered a bearish range that preceded a 35% price crash in the April-May 2022 session. Go to Source Powered by WPeMatico
Google feels the bear market as crypto ad revenues slip since July
Alphabet’s revenue from Google advertising was down in Q3 2022, with decreased search spending from financial services and cryptocurrency subcategories highlighted. Go to Source Powered by WPeMatico
Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin
A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as legal tender. The poll results indicate that almost two-thirds of the population has a negative impression of bitcoin, with only a quarter of … Read more
The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. Go to Source Powered by WPeMatico
Singapore MAS proposes to ban cryptocurrency credits
Crypto service providers should not provide any credit facility or accept payments from credit cards from their customers, the MAS suggested. Go to Source Powered by WPeMatico
Is MATIC price about to double? Polygon’s Reddit hype pushes exchange balance to 9-month lows
MATIC price could sustain bullish momentum on cues from a mix of optimistic fundamental and technical indicators. Go to Source Powered by WPeMatico
Microsoft Working to Bridge Its Services With the Metaverse
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use the data obtained as resources for their specific applications. … Read more
Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September. Go to Source Powered by WPeMatico