Blockchain

Electricity Consumption Drops By 50% As Crypto’s Value Nosedives

28 Jun 2022 @ 17:18
Miners on blockchain networks are facing the hard decision of shutting down operations as the price of tokens is no longer sustainable for operations. Bitcoin and Ethereum need a high amount of power supply for a mining operation. The implication of this is the high cost of power. A very good chunk of the amount […]
 

Your Cash on Central Bank Digital Currencies (CBDCs)

27 Jun 2022 @ 17:00
Can you identify the defect on this Hundred Dollar note? The defect here is not a printing error. To be frank, you experience this defect each day. The defect of that dollar is that its value is depreciating. If you can remember fuel, food and other man’s essential need around you isn’t as costly as […]
 

The Utilities of Cryptocurrencies and Blockchain in the Real World

27 Jun 2022 @ 10:12
Some are of the notion that crypto is just overhyped, that it is of no or fewer uses. Some believed that crypto being a virtual currency has very limited uses. However, the truth is that there are many uses of crypto in the real world. And as technology advances, there are many innovative possibilities for the usage of crypto in day–to–day activities. These are very few of the uses ...
 

Cryptocurrency Crash Causing Reduction in GPU Price, as Mining Profits Also Declines

23 Jun 2022 @ 19:57
Video game players are happy, while investors in cryptocurrency are anxious to know when crypto will seize to plummet. The crypto market crash has caused the price of GPUs to gradually reduce. GPU has recorded a fifteen percent decrease in price during last month: May. A personal Computer news and review webpage: Tom’s Hardware disclosed […]
 

8 Things I Wish People Had Told Me About Being A Trader

23 Jun 2022 @ 14:49
Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]
 

Tether Is Set to Commence a Stablecoin Which Will Be Pegged to British Pound

22 Jun 2022 @ 17:46
The main Stablecoin Corporation: Tether, is striving to increase its market by introducing GBPT. The GBPT is a crypto that is pegged to the British Pounds: GBP. The Stablecoin company disclosed that the new GBPT crypto will be launched come early next month – July. Also, Tether added that this new crypto project will run […]
 

A Dogecoin Investor Drags Elon Musk Into A $258 Billion Lawsuit

21 Jun 2022 @ 12:20
An American crypto investor by the name of Keith Johnson has filed a $258 billion lawsuit against Elon Musk at the federal court in Manhattan. He claimed that Elon Musk has used his influence as the world’s richest man to push and promote Dogecoin when it has no value. He alleged that Dogecoin is a […]
 

Workers at Terraform Labs Placed Under Travel Ban by Prosecutors From South Korea

20 Jun 2022 @ 21:04
Workers at Terraform Labs were said to have been prohibited from traveling out of South Korea while probing is ongoing. This ban was imposed on Terraform workers by Prosecutor’s investigation team from Southern Seoul. The purpose of the ban was to prevent notable Terraform workers from eluding investigation. It was also gathered that the company’s […]
 

Struggling XRPUSD Experiences A Slight Drop In Price

20 Jun 2022 @ 08:10
Since the 15th of May, after the steep price crash, Ripple has been struggling; as its price action ranges sideways. Between the 10th to the 13th of June, we witnessed a slight, daily consecutive drop in price From $0.40857 to $0.31056. SUPPORT LEVEL: $0.3328, $0.29560, $0.28164 RESISTANCE LEVELS: $0.41653, $0.45513, $0.44444 Readings From Indicators The […]
 

The President of El Salvador Lands in Trouble Over Eighteen Million Dollar Loss as Bitcoin Falls to $23,000

16 Jun 2022 @ 13:31
The president of El Salvador: Bukele, has been under the attack from critics, as Bitcoin falls deeper below $23,000. However, Bitcoin hasn’t fallen this far since last month of 2020. This undesirable occurrence started at the beginning of Tokyo Trading period on Monday this week. Bitcoin became vulnerable after the publication of US inflation data; […]
 
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