The Kazakh budget has not received the expected amount of fees from crypto mining as the government has shut down lots of miners to “ensure energy security,” the government said.
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Crypto’s youngest investors hold firm against headwinds — and headlines
The market drawdown and UST/LUNA fiasco may discourage some retail newcomers, but younger investors remain captivated by crypto’s technology.
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Terra Classic (LUNC) Pumps 74%, LUNA 2.0 up 11%, Will the Price Continue to Rise?
Cryptocurrency markets are showing bullish momentum this Memorial Day, as Bitcoin and Ethereum are up 3.6%, holding their current support levels of $30k and $1.8k. Surprisingly, both LUNC and LUNA show significant price growth, with the Terra Classic token up over 74% and LUNA 2.0 up over 11% in the past 24 hours. Let’s look at what’s been going on with the two LUNA tokens and see why the price is rising. Why Is Terra Classic (LUNC) Price Rising? The massive LUNC price pump this Monday is likely because the hashtag #LUNC is trending in the United States on Twitter
The post Terra Classic (LUNC) Pumps 74%, LUNA 2.0 up 11%, Will the Price Continue to Rise? appeared first on The Merkle News.
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Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week
Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally surged, with prices climbing to their highest point in over two […]Powered by WPeMatico
Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse
A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the World Economic Forum (WEF), also shows that Latam countries are among the most enthusiastic about the future of the metaverse and its applications for different […]Powered by WPeMatico
Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto mining falls under the “gray zone” in Russia, which means even though it’s not banned, it doesn’t fall under the purview of law which could pose risks for those involved.
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Frodo Tech Aims to Create Environmentally-Friendly Blockchain Ecosystem That Is Open to Everyone
Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in the world can access, without any limitations based on race, region or country. Frodo Will Have No Limitations and No Mining Frodo Tech is an IT and Financial blockchain services company based in Auckland, New […]Powered by WPeMatico
South Korean authorities reportedly probe staff behind Terra
South Korean authorities are reportedly looking at the Terra crash to check for signs of intentional price manipulation and other issues.
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Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. Fewer Turks Now View Gold as Best Investment […]Powered by WPeMatico
Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH
The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity.
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