MicroStrategy, a business intelligence and analytics software platform, is known for its continuous efforts to collect more and more Bitcoins. Over the years, the company has collected Bitcoin worth billions and swore to continue doing it for a long time. Recently, the company has revealed a loss of $53 Million, but the determination of Bitcoin […]
Top 3 Altcoins To Buy Today February 1: Solana (SOL), Jupiter (JUP), MANTA
Altcoins To Buy: Certain altcoins emerge as beacon lights for potentially high returns as the cryptocurrency market navigates through volatility. Among these, Solana (SOL), Jupiter (JUP), and Manta Network (MANTA) stand out for their unique value propositions and recent performances. Despite facing market corrections, these cryptocurrencies showcase resilience and growth potential, making them attractive options […]
Bitcoin Price: Will BTC Price Drop Below 60K?
As the crypto world braces itself amidst the aftermath of the fourth Bitcoin halving, investors are eagerly seeking insights into the future trajectory of BTC prices. With the recent fluctuations in the global crypto market, many are pondering a pressing question: Will Bitcoin price plunge below the crucial $60,000 mark? Let’s delve into the analysis […]
Bitcoin Mining Takes Up 0.6% to 2.3% of US Electricity Consumption – Report
After tracking electricity consumption from the United States Bitcoin mining activities, it was reported that the industry takes as much as 0.6% to 2.3% of the entire electricity consumption in the country as of 2023. Massive Electricity Consumed by Bitcoin Miners The U.S. Energy Information Administration (EIA) released a report that detailed the amount of […]
XRP Price Prediction: Is May A Good Time To Buy XRP?
XRP price prediction: The sudden drop in crypto prices following the much-publicized Bitcoin halving is creating a lot of uncertainty in the market. The ‘nonstarter’ halving aside, market participants are more concerned amid the ongoing Federal Open Market Committee (FOMC) meeting, deliberating interest rates in the US. What’s Likely To Happen To XRP After FOMC […]
Bitcoin Price Eyes Parabolic Rise In 2024 But Has Q1 Altcoin Hype Cycle Started?
Cryptocurrencies have been quick to regain momentum following Jerome Powell’s speech which sent Bitcoin and altcoins spiralling. As per the Fed Chair, the Federal Open Markets Committee (FOMC) members were not convinced interest rate cuts were viable or achievable by March. As a result, markets turned bearish with BTC dropping to test support at $42,000. […]
Arkansas House Committee Clears Bills on Crypto Mining Regulations
Crypto mining regulations are just one step away from being implemented in the state of Arkansas. According to local media reports, on Tuesday in the state capitol, two proposals intended to tighten laws governing crypto mining in Arkansas comfortably passed a House committee. Due to the passage of two legislation by the Arkansas State House […]
US Job Surge Eases Rate Cut Rush, Could Prime Bitcoin Only for Post-Halving Climb
The US job market soared past expectations in January with the addition of 353,000 jobs. This strong showing has dampened prospects of an interest rate cut around March. The job growth, alongside adjustments that added another 126,000 jobs to the tallies of November and December—with December’s figures revised up to 333,000—signals a stronger-than-expected labor market. […]
What is Sell in May and Go Away?
Sell in May and go away is a popular season trade strategy in the Stock market where the traders sell their assets shortly after 1st May and rebuy them after 31st October. This thought of selling the assets in May was introduced in the 1970s by a market strategist known as Alfred Fielding. He uncovered […]
10 Best Solana Wallets (2024)
Solana is a blockchain platform that hosts scalable, decentralized apps. It is an open-source project now managed by the Geneva-based Solana Foundation and was founded in 2017. When searching for the best Solana wallet, you must consider six features: a well-designed user interface, dApp integration, native swaps, native staking, mobile usability, and frequent updates. You […]