Ethiopia is quickly becoming a popular destination for Bitcoin miners. Why? It’s all thanks to their cheap electricity and abundant hydroelectric power. A Growing Industry Miners are already using about 600 megawatts (MW) of power, and that number is expected to grow even more. This makes Ethiopia one of the top Bitcoin mining locations in…
The AI world is booming, with companies like Blackstone and OpenAI investing billions in building powerful AI supercomputers. But there’s a major roadblock: the GPU shortage. The GPU Problem GPUs (graphics processing units) are the workhorses of AI, offering much faster processing than traditional CPUs. However, the demand for GPUs has exploded, and the vast…
A big-time Ethereum investor, who got in early during the 2014 ICO, has been cashing out big time. This “whale” has sold over $113 million worth of ETH in just a couple of weeks. Whale’s Big Sell-Off According to crypto tracker Lookonchain, the whale has been steadily selling off their ETH since September 22nd. They…
Taiwan’s financial regulators are getting ready to let local banks try out holding crypto for their customers. This pilot program is set to start in the first quarter of 2025. Banks Are On Board Three banks have already shown interest in participating. Before the program kicks off, the Financial Supervisory Commission (FSC) will be open…
A well-known crypto analyst, known for predicting Bitcoin’s price bottoms, is warning that the recent crypto rally might be a trap. Why the Analyst is Worried The analyst, who goes by the pseudonym Bluntz, says Bitcoin’s failure to break above a key technical level, called the 0.618 Fibonacci level, suggests a short-term bearish outlook. Bluntz…
The XRP community, also known as the XRP Army, is rallying behind Ripple in its ongoing legal battle with the Securities and Exchange Commission (SEC). They’ve launched a petition to protest the SEC’s recent appeal of a court ruling that declared XRP not a security. XRP Army Speaks Out The XRP Army, made up of…
NFTs were all the rage in 2021, with prices skyrocketing and everyone talking about them. But things have changed drastically since then. The NFT Crash The NFT market has taken a nosedive. Sales have plummeted by a whopping 92% since their peak in January 2022, bringing us back to the levels we saw in late…
BONK, a Solana-based meme coin, has been hanging around the same price for a while. But things could be about to change. A Breakout is Brewing A crypto analyst, World Of Charts, believes BONK is building up steam for a big move. He sees a pattern in the price chart that suggests BONK is ready…
The mystery surrounding Satoshi Nakamoto, the anonymous creator of Bitcoin, continues to fascinate the crypto community. A recent HBO documentary suggested that Canadian Bitcoin developer Peter Todd is the mastermind behind Bitcoin. However, this theory has been met with skepticism, including from Billy Markus, the co-founder of Dogecoin. Dogecoin Founder Casts Doubt on HBO’s Theory…
The online world is full of opportunities, but it can be tough to know who to trust. That’s why Rewardable has created IDscore, a new system designed to make the gig economy more reliable. What is IDscore? IDscore is like a digital reputation score. It helps you build trust online by verifying your identity and…
