Bitcoin Could Rival Beef or Crude Oil in Environmental Impact | Smart News

Bitcoin Could Rival Beef or Crude Oil in Environmental Impact | Smart News

A worker installs a new row of bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, the largest bitcoin-mining facility in North America.  Photo by MARK FELIX / AFP / AFP via Getty Images Bitcoin mining is notoriously energy-intensive, but new research suggests it may contribute as much to climate change as the… Source link

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Ethereum Price Squeezes Shorts Positions, Set For More Gains?

Ethereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second cryptocurrency by market cap knocked some gains over today’s trading session but seems poised for a re-test of its lows before moving to the upside. At the time of writing, Ethereum (ETH) trades at $1,300 with a 2% profit in the last 24 hours and in the last week. Unlike in previous rallies, ETH’s price is lagging… Source link

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Is Monero (XMR) Worth the Risk Monday?

Is Monero (XMR) Worth the Risk Monday?

Monero receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is… Source link

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Bitcoin, Ethereum, Crypto News and Price Data

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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A crumbling stock market could create profitable opportunities for Bitcoin traders

Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amazon on Oct. 26 and Google on Oct. 30. Currently, the possibility of an even more severe global economic slowdown is in the cards and lackluster profits could further add to the uncertainty. Given the unprecedented nature of the United State Federal Reserve tightening and mounting macroeconomic… Source link

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T-Mobile Parent Company Says It Supports Ethereum As Giant Launches New Staking Validator

The parent company of mobile communications giant T-Mobile says it’s launching an Ethereum (ETH) staking validator as part of its support for the world’s second-largest blockchain by market cap. According to a new press release, Deutsche Telekom is supporting Ethereum’s transition from a proof-of-work consensus mechanism into a proof-of-stake one by operating validator nodes through its subsidiary T-Systems MMS. The press release also reveals that T-Systems MMS is teaming up… Source link

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Bitcoin price sets October high with $20K in reach as US stocks rally

Bitcoin price sets October high with $20K in reach as US stocks rally

Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders close in on rangebound BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat. The largest cryptocurrency reacted positively to lower than expected United States manufacturing data, while in Europe, market turmoil over Credit Suisse gathered pace… Source link

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Litecoin (LTC), Bitcoin (BTC), and Bitgert (BRISE)

Litecoin (LTC), Bitcoin (BTC), and Bitgert (BRISE)

Litecoin (LTC), Bitcoin (BTC), and Bitgert (BRISE) – Today’s Price Predictions by Market Trends October 3, 2022 The crypto market has been stable today though the overall global marketcap was slightly in the red at the time of this writing. However, a bullish atmosphere is building up, and some of the coins have made a slight surge into the green. Litecoin (LTC), Bitcoin (BTC), and Bitgert (BRISE) are some of the coins that have done very well today. At the time of this writing, all… Source link

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Ethereum Became Profitable Again, Price Reacts Immediately

Ethereum Became Profitable Again, Price Reacts Immediately

Arman Shirinyan Profitability of second biggest cryptocurrency on market is finally back above 50% Following massive corrections on Ethereum after the successful Merge upgrade implementation, ETH’s profitability reached values below 50%, making it officially unprofitable for the majority of holders. Luckily, the situation is changing. As IntoTheBlock’s indicator suggests, the current profitability of the second biggest asset on the market is sitting at 51%, making it profitable for… Source link

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Flasko (FLSK) Is Predicted To Become One Of The Best Investments Over Monero (XMR) and Stellar (XLM) – CryptoMode

Flasko (FLSK) Is Predicted To Become One Of The Best Investments Over Monero (XMR) and Stellar (XLM) – CryptoMode

Cryptocurrencies continue to gain popularity, and more tokens are introduced to the coin market. Flasko is a new cryptocurrency that methodically merges all of the prior crypto coins’ marketing methods. Experts have emphasized the project’s distinctiveness, making it the most intriguing currency in the crypto market. Flasko presale has already started, and it has created a buzz in the crypto community. Flasko is predicted to become a profitable investment, better than Monero (XMR) and… Source link

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