Mining

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 […]
 

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 […]
 

For the Bitcoin (BTC) Investor

11 Jun 2022 @ 03:30
New York accepted the law that was issued for the suspension of bitcoin’s proof of work mining procedure. The law is on its way to the office of the Governor; where it will be signed. However, if the law gets signed New York will become the number state to attack Bitcoin; using the law as […]
 

New Luna 2.0 Rises by 60 Times Its Initial Value of 50 Cents, Rises to Around $30 on Bybit

04 Jun 2022 @ 06:58
New LUNA: starting as low as $0.50 (50 cents), rose by around six thousand percent to thirty dollars ($30) on Bybit. However, this was the price that the new crypto reached before it changed direction; dipping to thirteen to sixteen dollars ($16). Also, the LUNA versus Tether USD fell to roughly around five to seven […]
 

Van Eck Declares the Beginning of NFT Collections Platform, Powered by Ethereum

06 May 2022 @ 21:14
Van Eck in affiliation with the creative NFT agency of South Korea begins the new NFT collection platform. The management of VanEck, a global investment company, declared openly the commencement of an Ethereum platform for NFTs transactions, which will be partnering with NUMOMO, a reputable NFT agency whose head-quarter Is in South Korea. This ground-breaking […]
 

Silver (XAGUSD) Price: Bullish Reversal at $22 Level, Targeting $23 Resistance Level

11 Feb 2022 @ 12:23
SILVER Price Analysis – February 11 The price may increase to the resistance level of $23 and if it does not hold, it may incline to $24 and $25 levels. When the bears interrupt the bulls, price may decrease towards the support level of $22, $21 and $19. XAGUSD Market Key Levels: Resistance levels: $23, […]
 

XAGUSD Surges on Dismal US Jobs Report Amid Depressed Dollar

10 Sep 2021 @ 07:55
XAGUSD Price Analysis – September 10 Silver (XAG) is up 3.90 percent from the last session, assisted by the dismal NFP report, which came in below forecasts. XAGUSD reached $24.87, its highest level in a month, as per the technical analysis. The dollar stays depressed overall, extending weekly losses. Key Levels Resistance Levels: $26.00, $25.50, $25.00 Support […]
 

Xtract Resources Plc. price: XTR expected to go further southwards

07 Sep 2021 @ 03:30
Xtract Resources Plc. shares (LSE:XTR) is supposed to go downwards as the current price action supports more bearish movement, rather than bullish movement. From March 2021 to June, there were massive selling pressures in the market, as made evident by the downtrend witnessed during that period. 4 EMAs are used for this analysis, and they […]
 

Gold (XAUUSD) Consolidates Above $1,720, Further Selling Pressure Is Likely

17 Aug 2021 @ 03:36
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold price is in a downward move. On August 9, the XAUUSD fell to $1,677 low and corrected upward. Today, the market has risen to a level $1,756 and a further upward correction. Meanwhile, on June 17 downtrend; a […]
 

XAGUSD Attempt at Further Recovery Stays Beneath $26.00

17 Aug 2021 @ 03:26
XAGUSD Price Analysis – August 17 Silver has made another attempt to climb higher and has recouped some of its previous losses, but the XAGUSD pair still has a long way to go before the buyers are secure. As buyers observe the gap between central banks and mixed greenback over its peers during times of heightened risk […]
 
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