Crypto news

The Iranian Ministry of Energy has ordered local authorized cryptocurrency miners to temporarily suspend their activities in the face of electricity shortages during the coldest months of the year. This is the second time authorities take measures of this kind as they did the same between May and September this year. Same Ban, Different Season After blaming BTC mining for electricity blackouts, the Iranian government placed a temporary ban at the end of May. The country’s...

Meten Holding Group Ltd. – an English-language training program used regularly in China – has joined a panel of experts to establish a whole new bitcoin mining and research firm. Meten Holding Is Building Its Own Mining Firm The new company will study, build, and sell mining equipment. Among the industry experts that are helping Meten create its new line of business are Mr. Zhijun Liu, VP of Hummingbird Mining Machine, a crypto mining enterprise; Yunning Li, the former...

Philip Hammond – former Chancellor of the UK and an ex-member of the Conservative Party – believes people should be extra cautious when entering the cryptocurrency space. He said that institutions, despite recognizing the asset class, have only dipped their toes in terms of investing. Dipping Toes In October this year, former Chancellor Lord Hammond became a senior advisor at Copper – a British cryptocurrency custody firm that provides infrastructure for the institutional...

Brenda Gentry recently resigned from her job as a mortgage underwriter at USAA, something she did for roughly ten years. She has become rather privy to the crypto scene and wanted to give it a try. Now, crypto has become her career, and she’s making about $80,000 per month. Brenda Gentry Has Transitioned to Crypto Full Time As the head of a crypto consulting firm, Gentry launched the business in San Antonio – where she has lived most of her life – after leaving her job....

The American breast cancer organization – Susan G. Komen (also known as Komen) – enabled people willing to support the cause to donate digital assets instead of fiat currencies. The partner in the initiative is the donation platform – The Giving Block. Susan G. Komen announced the new additions on its Twitter page. The organization raised hopes that this new type of donation will provide “more ways to fight breast cancer and save lives.” ? Breaking news?Through a partnership...

With 2022 right around the corner, it looks like many analysts are split right down the middle when discussing what could happen with bitcoin and the cryptocurrency space in the coming year. Will the world’s number one digital currency rise to new heights? Or will it come crashing down dramatically? How Will Bitcoin Do Next Year? One figure to warn of a possible crash is Carol Alexander, professor of finance at Sussex University. She believes bitcoin has no fundamental...

Billy Markus – the man who co-created Dogecoin as a joke in 2013 – has just revealed how much he holds. He said he owns approximately 220k DOGE, worth around $42 000 at today’s prices. Shibetoshi Speaks Markus (currently “Shibetoshi Nakamoto” on Twitter) dropped the number in a tweet earlier today while clarifying his current role within the Dogecoin space. He said that he does not speak for Dogecoin, nor work on the project anymore – but is simply a community member. That’s...

Key Support levels: $0.89 Key Resistance level: $1 Buyers got excited to see the XRP rally, and there was a short-lived attempt to move the price above $1 last Thursday. However, a day later, the cryptocurrency dropped by 10% and is now back just above the support level at $0.89. This first attempt to move higher failed but shows that interest in XRP is coming back, and another attempt may be successful later on. Chart by TradingViewTechnical Indicators Trading Volume: The...

Key Support level: $0.000030; $0.000034 Key Resistance level: : $0.000038; $0.000047 SHIB has managed to exit the downtrend, and the price is currently moving sideways. The resistance at $0.000038 has so far stopped SHIB from going higher. The current support is found at $0.000034, and SHIB could continue moving sideways until a breakout takes place. Chart by TradingViewTechnical Indicators Trading Volume: The volume has increased ever since SHIB bounced off the $0.000030...

INTERNET CITY, DUBAI, Dec. 23, 2021 – LBank Exchange, a global digital asset trading platform, will list The Atlantis Universe (TAU) on December 29, 2021. For all users of LBank Exchange, the TAU/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on December 29, 2021. NFT game with Play-2-Earn feature has become a new trend in crypto world recently, but the contradiction between player’s motivations of being entertained and making money can lead...