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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 6th, the ETH is growing smoothly, trading at 235.55 USD. On H4, it may be seen that the decline has corrected the previous uptrend by more than 38.2% Fibo. Now, the quotations have formed a triangular consolidation as a correction of the last descending impulse. … Read more
The concept of Bitcoin mining is always met with a lot of criticism. Atlas Holding LLC shows this can be easily in New York without causing any problems. Bitcoin mining requires a lot of electricity to power dedicated hardware. Mining Bitcoin With a Power Plant Those electricity amounts have been a topic of substantial debate … Read more
There are a number of ways people can obtain cryptocurrencies and one of them is through airdrops, a type of distribution where creators send free coins to numerous crypto wallet addresses in order to drive adoption. Airdrops have been leveraged for years and token distributors believe that it’s a great way to disburse coins fairly … Read more
Bitmex is one of the more interesting platforms related to cryptocurrencies. However, due to some very odd developments in recent years, the FCA is now officially investigating the platform. Any company providing access to crypto-related financial services needs to be scrutinized. Bitmex may Face Regulatory Scrutiny This is especially true when dealing with margin trading … Read more
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000 bitcoin miners that leverage some of the cheapest natural … Read more
Often referred to as the financial market that never closes and never sleeps, cryptocurrency can be a highly stressful trading space for traders and casual investors in the industry. And for investors who are conversant with cryptocurrency, you must have come across the increasingly popular trading bots. While you are asleep, the bot is up … Read more
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan to offer users now that the banking ban has been … Read more
India has always been an interesting region for cryptocurrencies. Despite a ban by the local central bank, trading of Bitcoin and altcoins will resume shortly. A while ago, the central bank of India took a strange decision. Crypto Trading Is Legal Again in India Out of the blue, it decided that no bank in the … Read more
Cryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in February according to a new report. Bitcoin cash has by far the largest share in retail crypto spending and transactions among coins accepted by Australian … Read more
Many cryptocurrency enthusiasts are wondering how things will progress for IOTA. Following an outage of nearly three weeks, the coming weeks may prove crucial for this ecosystem. Shutting down a financial system for nearly three weeks is always unacceptable. Is There a Future for IOTA? This is especially true in the cryptocurrency world, where decentralization … Read more