This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis week on the “Weekly Recap,” NLW breaks down the House hearing on energy in the crypto industry. He looks at problems with the advance memo and provides refutations of some of the misunderstandings.See also: Witnesses Debate Crypto Mining's Efficiency in Congressional Hearing on Environment“The … [Read more...] about What Happened at Congress’ Bitcoin Energy Hearing?
Top 5 Things That Happened in Crypto in October
This episode is sponsored by NYDIG.Download this episodeNLW counts down the top 5 things to happen in crypto over the last month, including a DAO buying a Wu Tang clan album, top 5 U.S. banks creating new crypto offerings, battles around SEC subpoenas and much more. Listen to find out why we will view October 2021 as a significant transitional month in bitcoin and crypto … [Read more...] about Top 5 Things That Happened in Crypto in October
Bitcoin went to $58,000 the last time this price action happened. It’s back
Bitcoin closes seven consecutive daily green candles, putting it on track for the longest winning streak in 2021.The last time this happened was March 5, when the leading cryptocurrency rose from $48,000 to end its run at $58,000 a week later.With the FUD seemingly behind us, can we expect Bitcoin to re-capture $40,000 in the near term?Bitcoin looking to retest $40,000Bitcoin’s … [Read more...] about Bitcoin went to $58,000 the last time this price action happened. It’s back
Bitcoin Halving: What Happened and What Does It Mean for Miners
As a miner, you have already noticed how your profit from mining was reduced by half yesterday. Your hashpower, as well as the network’s remained the same however the reward per mined block dropped by 50%, from 12.5 to 6.25. What happened is that yesterday May 11th, the 630,000th block was mined, which led to a planned halving of reward per block. Over its 11 years of … [Read more...] about Bitcoin Halving: What Happened and What Does It Mean for Miners