Tag: bitcoin trader

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US energy company opens crypto mining facility in Middle East to use stranded natural gas

Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based…
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Coinbase chief legal officer responds to SEC disclosure FUD

Paul Grewal, the chief legal officer of Coinbase, highlighted that the funds of customers are protected legally and physically. As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange.  In an SEC disclosure made by Coinbase back in May,…
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Mental health and crypto: How does volatility effect well-being?

Crypto addiction has become a new disease for investors: Who is affected, how to understand that you have problems and who can help. The crypto world is well known for its volatility. Especially in the early days, digital assets experienced wild price swings, gaining or losing double-digits in the course of a day. It appears…
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Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price ‘local bottom’

Bitcoin bulls are not giving up without a fight in the current range, while data increases the significance of May’s $23,800 floor. Bitcoin (BTC) recovered to $30,000 prior to the June 2 Wall Street open as cold feet remained across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Crucial breaker rejecting” on Bitcoin Data…
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Fail better: Scott Melker on defying the odds with crypto trading

Scott Melker, better known as The Wolf of All Streets, is a trader and crypto advocate who is far more approachable than his online handle might suggest. A former DJ, Melker operates a small crypto advocacy empire spanning YouTube videos, podcasts and a popular newsletter. Scott Melker is open about his initial intentions in the…
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Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries

India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the rest of the world, the latest data from Finder has shown. More People Plan to Play in the Future According to Finder’s…
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Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank…
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Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi

The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project Guardian Launched The Monetary Authority of Singapore (MAS), the country’s central bank, announced Tuesday that it has partnered with…
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Bitcoin, Ethereum, and Altcoins Slide, WAVES Rallies

  Bitcoin price started another bearish wave after it failed to clear the USD 32,000 resistance. BTC declined almost 6% and traded below USD 30,000. It is currently (04:33 UTC) showing bearish signs near USD 29,770 and is almost unchanged in a week. Similarly, most major altcoins reversed gains. ETH declined over 6% and even…
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Solana Suffers 5th Outage in 2022, SOL Dives

  The Solana (SOL) blockchain suffered its 5th outage of 2022 on Wednesday after the production of new blocks on the network ceased due to a consensus failure. The blockchain went offline at 16:55 UTC and resumed block production at 21:06 UTC, after more than four hours, according to the official incident report…. Read More:…
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