Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining Companies in Kazakhstan Expected to Pay Much More … Read more

Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K

This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell, said the parabolic growth would be due to “legacy market capital entering the fold.” Fsinsight: ‘Bitcoin to Tap $200K in … Read more

This Metaverse Crypto Coin Gained Over 85% Today (Planet Sandbox)

As Bitcoin and Ethereum are seeing bullish momentum today, Metaverse crypto coins also show upward price movement. Today’s top-performing Metaverse crypto coin is Planet Sandbox, gaining over 85% in the past 24-hours alone. Let’s look at Planet Sandbox and its token  PSB and see why the price is rising so much. What Is Planet Sandbox … Read more

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity 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 … Read more

Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion

According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase The One Bel Air 105,000-square-foot megamansion by creating a decentralized autonomous organization (DAO). … Read more

Metaverse Crypto Coin Nakamoto Games Price Up 26% Amid Partnership With AcknoLedger

Metaverse crypto coins have been performing exceptionally well this week, with many seeing double-digit percent price gains. Today, one of the top-performing Metaverse crypto coins is Nakamoto Games, gaining over 27% in price. Let’s look at Nakamoto Games and its token NAKA and see why the price is rising. What Is Nakamoto Games (NAKA)? Launching … Read more

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