Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution

The country saw a great influx of miners this year, but it might have to sacrifice the immense tax revenue from Bitcoin miners if power grid issues are not resolved. The exodus of Bitcoin miners from China into Kazakhstan has contributed to an energy crunch that the central Asian country’s …

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Coinbase acquires crypto wallet provider BRD’s team as utility token price surges 500%

“Nothing will change in the BRD wallet app and as always, your funds are safe and secure,” said BRD CEO Adam Traidman and co-founder Aaron Voisine. Crypto wallet provider BRD said “nothing will change” for users following an acquisition from major U.S. crypto exchange Coinbase. In a Nov. 24 letter …

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SEC open meeting on Dec 2 to include crypto panel discussion

The SEC is opening discussion on crypto and blockchain technology with regard to American investors. The U.S. Securities and Exchange Commission, or SEC, announced Nov 24 the title of the upcoming crypto panel for its Dec 2 Investor Advisory Meeting will be “Helping to Ensure Investor Protection and Market Integrity …

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Why you should care about Facebook’s big push into the metaverse

Courtesy of Meta The futuristic tech Mark Zuckerberg is investing billions in could remake the internet. It’s the next big breakthrough in technology. It’s a joke. It’s a marketing strategy. It’s a techno-dystopian nightmare. It’s the metaverse — defined most simply as a virtual world where people can socialize, work, …

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Ripple Price Prediction: XRP/USD Stays Below $1 Support

Ripple Price Prediction – November 24 The Ripple price prediction reveals that XRP is currently facing selling pressure below the $1.00 resistance level. XRP/USD Market Key Levels: Resistance levels: $1.20, $1.25, $1.30 Support levels: $0.90, $0.85, $0.80 XRPUSD – Daily Chart Buy Ripple Now XRP/USD is declining below the 9-day …

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Why you should care about Facebook’s big push into the metaverse

Courtesy of Meta The futuristic tech Mark Zuckerberg is investing billions in could remake the internet. It’s the next big breakthrough in technology. It’s a joke. It’s a marketing strategy. It’s a techno-dystopian nightmare. It’s the metaverse — defined most simply as a virtual world where people can socialize, work, …

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Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares

The investment firm’s exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30. Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust. According to filings from the United …

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Bitcoin Price Prediction: BTC/USD Still Trading Under $58,000

Bitcoin Price Prediction – November 24 The Bitcoin price drop today as the cryptocurrency breaks beneath $57,000 and heads toward $55,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $63,000, $65,000, $67,000 Support Levels: $51,000, $49,000, $47,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen dropping …

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GM dreams of electric fleets

GM has invested $150 million for a 25 percent stake in Pure Watercraft. | Pure Watercraft The Detroit automaker is forging ahead with plans to build electric boats, trains, and planes. General Motors is getting into the electric boat business. In fact, as the American auto giant pushes President Joe …

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One million ETH worth have been burned since the implementation of EIP-1559 in August

On a net basis, however, the supply of Ether is still inflating at about 1.2% per year. In a Twitter post published Wednesday, blockchain research firm CryptoRank revealed that over 1 million Ether (ETH) worth $4.24 billion had been burned since the introduction of the EIP-1559 protocol in August as …

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