A Japanese power company is exploring a new way to use excess renewable energy: Bitcoin mining. Harnessing Wasted Energy The Tokyo Electric Power Company (TEPCO) is looking to use its excess renewable energy to power Bitcoin mining. This is a unique approach in Japan, where the company hopes to create a more sustainable energy ecosystem….
Bitcoin has been on a downward trend lately, and it’s causing some pain for short-term investors. According to data from Glassnode, these investors are currently holding Bitcoin at a loss, which could lead to more volatility in the market. Short-Term Holders Under Pressure Glassnode, a cryptocurrency analytics firm, says that short-term Bitcoin holders are “underwater”…
Crypto analyst Benjamin Cowen thinks Ethereum (ETH) might finally reach its lowest price point in December of this year. He’s basing this prediction on a few factors. Unemployment and Crypto Trends Cowen points out that the US unemployment rate usually peaks in December. He believes this trend could also affect the crypto market, leading to…
Whales are buying up Bitcoin like it’s going out of style. According to IntoTheBlock, big-time Bitcoin investors (those holding between 100 and 1,000 BTC) have been quietly scooping up over $10 billion worth of Bitcoin in the last six months. They’re not fazed by the recent price dips, and are actually increasing their holdings. These…
A popular crypto analyst, known as Credible Crypto, is predicting a potential rebound for Bitcoin (BTC). He believes the cryptocurrency is showing signs of a bottom formation, suggesting a reversal from its recent correction. Signs of a Bullish Trend Credible Crypto points to several indicators that support his bullish outlook: Strong Spot Market Demand: Coinbase,…
The crypto market has been a bit rough lately, but some projects are still shining. Two of these are Starknet and Mpeppe. Let’s take a look at what makes them so interesting. Starknet: A Scalable Solution for Ethereum Starknet is a layer-2 scaling solution for Ethereum. This means it helps Ethereum handle more transactions without…
The Prime Minister of Montenegro, Milojko Spajić, is facing serious accusations from the country’s president, Jakov Milatović. Milatović claims that Spajić lied about his knowledge of Do Kwon, the controversial founder of Terraform Labs, during a crucial moment surrounding Kwon’s arrest in Montenegro. A Web of Lies and Meetings According to Milatović, Spajić denied knowing…
The world of crypto is always changing, with new projects popping up all the time. Ethereum (ETH) has been a big player for a while, powering lots of cool apps and being the base for other projects. But now, some exciting new ecosystems are emerging, offering even more potential for growth. Starknet: Making Ethereum Faster…
The crypto market is always changing, but some coins are rising above the rest. Two of these are Optimism (OP) and Mpeppe (MPEPE), both of which have caught the attention of Ethereum whales. Optimism (OP): A Layer-2 Solution with Big Potential Optimism is a Layer-2 solution built on Ethereum. It’s designed to address Ethereum’s scalability…
Ethereum has been struggling lately, with its price dropping and leaving many investors in the red. But there’s a glimmer of hope: a bullish pattern has emerged on the charts. A Falling Wedge Pattern Forms A falling wedge pattern has formed on the Ethereum price chart. This pattern can be a sign of either a…
