Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze, Disconnects Bitcoin Farms
May 19, 2024 08:38 am UTC| Technology Digital Currency
Venezuelas Ministry of Electric Power is disconnecting cryptocurrency mining farms from the national grid to manage energy demand and ensure a stable power supply. This measure follows the recent seizure of 2,000 Bitcoin...
Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside
May 18, 2024 22:10 pm UTC| Technology Digital Currency
Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....
CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth
May 18, 2024 19:28 pm UTC| Technology Digital Currency
The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...
Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA
May 18, 2024 14:50 pm UTC| Technology Digital Currency
The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....
US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments
May 18, 2024 14:39 pm UTC| Technology Digital Currency
Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...
Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts
May 18, 2024 14:23 pm UTC| Technology Digital Currency
Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...
Bitcoin's Rise Fueled by $222M ETF Inflow: What’s Next for BTC?
May 18, 2024 10:45 am UTC| Digital Currency Technology
Bitcoins price jumped over $67,000 after a $222 million ETF inflow, highlighting strong market momentum and investor enthusiasm. ETF Inflows and Bitcoins Price Surge Recent data from Farside Investors indicates that...
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