In the heart of an economic crisis, ultra-low utility costs are enabling Argentinians to bank on mining Bitcoin (BTC) as foreign miners head for their piece of the electricity cake, local reports said.Not only locals are taking advantage of the situation as Bitfarms, a Canadian Bitcoin mining company, announced it is opening a new mining facility in the country.Staple … [Read more...] about Argentinians turn to Bitcoin mining to support livelihood amidst failing economy
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Crypto traders turn to OTC platforms amidst Bitcoin crackdown
Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today.Rising exchange rateOfficials in the country said earlier this month they would hunt down and end mining activity in the country. “[We will] … [Read more...] about Crypto traders turn to OTC platforms amidst Bitcoin crackdown
Wishy-washy bulls turn bearish on Ethereum price despite positive data
Ether's futures premium has gone through a complete cycle, from April's extreme euphoria to the present level, which is the most bearish in six months. Believe it or not, in both situations, Ether's (ETH) price was roughly $2,100. This change shows how investors' mood depends on a few weeks' performances and holds no relation to longer time frames.By analyzing the futures … [Read more...] about Wishy-washy bulls turn bearish on Ethereum price despite positive data
Ethereum price moves toward new highs even as pro traders turn bearish
The price of Ether (ETH) fell by 19.6% on April 18, resulting in the quick liquidation of $1 billion in long futures contracts. Despite the size of this record liquidation and its impact on Ether's price, the futures open interest remained above $20.5 billion, which is 5% below the previous month.After the sell-off, there were signs that investor sentiment deteriorated, which … [Read more...] about Ethereum price moves toward new highs even as pro traders turn bearish
SEC v. Ripple takes new turn, setting XRP up for potential future growth
SEC v. Ripple takes new turn, setting XRP up for potential future growth | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest News › XRP › U.S. › Legal Speculation mounts around XRP after the SEC v. Ripple case took a new turn. Ali Martinez · April 11, 2021 at 12:38 am UTC · 2 min read Ripple has engaged … [Read more...] about SEC v. Ripple takes new turn, setting XRP up for potential future growth