DeFi on the brink of second bailout as Venus liquidates $30M

The post DeFi on the brink of second bailout as Venus liquidates $30M appeared on BitcoinEthereumNews.com. For the second time in just a matter of weeks, a DeFi protocol has taken unusual measures to prevent systemic risk relating to a lending position.  The Binance Smart Chain-based…

Bitcoin Price Plunges, But There’s Silver Lining

The post Bitcoin Price Plunges, But There’s Silver Lining appeared on BitcoinEthereumNews.com. Alex Dovbnya Bitcoin’s value has taken a nosedive, reaching an intraday low of $27,683 Bitcoin, the world’s premier cryptocurrency, has experienced a significant drop in its value, with prices plummeting…

Rise Of Eurodance Parody ‘Planet Of The Bass,’ Explained

The post Rise Of Eurodance Parody ‘Planet Of The Bass,’ Explained appeared on BitcoinEthereumNews.com. Kyle Gordon as DJ Crazy Times in “Planet of the Bass” Kyle Gordon At this point, it’s impossible to escape “Planet of the Bass,” a loving parody of 90’s Eurodance…

How to Start Crypto Mining in 2023

The post How to Start Crypto Mining in 2023 appeared on BitcoinEthereumNews.com. Cryptocurrency mining has evolved significantly since its early days; it’s no longer the domain of hobbyists with home computers – it has become a sophisticated enterprise requiring an understanding of…

How Crypto Miners Are Diversifying Into AI, According to JP Morgan

The post How Crypto Miners Are Diversifying Into AI, According to JP Morgan appeared on BitcoinEthereumNews.com. As crypto mining firms rapidly expand infrastructure ahead of the 2024 Bitcoin halving, the industry is also branching out into another growing tech frenzy: artificial intelligence. A report from JP…

Constructive stance seen above the 200-day SMA

The post Constructive stance seen above the 200-day SMA appeared on BitcoinEthereumNews.com. DXY resumes the upside and advances to new highs near 103.70 Further gains now appear likely above the 200-day SMA. DXY leaves behind Thursday’s small downtick and climbs to new…

Bitcoin’s drop to $26.6K sees over $160M in realized losses

The post Bitcoin’s drop to $26.6K sees over $160M in realized losses appeared on BitcoinEthereumNews.com. What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha.…

Is PEPE losing investor confidence?

The post Is PEPE losing investor confidence? appeared on BitcoinEthereumNews.com. PEPE’s exchange outflow spiked during the time its price declined.  A few market indicators turned bullish on the memecoin. Pepe [PEPE] has witnessed massive price volatility in both directions over…

Optimism & Monero: Good, but VC Spectra’s Presale’s Great!

The post Optimism & Monero: Good, but VC Spectra’s Presale’s Great! appeared on BitcoinEthereumNews.com. Amidst increased price correction, the bullish winds blew in favor of Optimism (OP) and Monero (XMR) over the past few weeks. While increased investor interest is linked to their impressive price…

Canaan Pauses Mining in Kazakhstan since July 2023 Amid Regulatory Difficulties

The post Canaan Pauses Mining in Kazakhstan since July 2023 Amid Regulatory Difficulties appeared on BitcoinEthereumNews.com. Key Points: Canaan halts Kazakhstan mining amid new rules, affecting revenue. Regulatory shifts and US disputes test the company’s adaptability. Global partnerships signal Canaan’s proactive industry response. Canaan, a US-listed…