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Lauren Cole

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rating : 4.5

view : 12.5K

posts : 1154

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Bitcoin-Recovery-Streak-Falters-at-50-Day-Moving-Average
Bitcoin Recovery Streak Falters at 50-Day Moving Average

Bitcoin’s initial price recovery seems to have hit a snag.  The BTC price fell after failing to retake the 50 day moving average.  Presently, the price of Bitcoin (BTC) is staggering closer to below $21,000. It seems the crypto sector popped their champagne bottles a little too early last week, at least, it seems so according to Lark Davis. The popular crypto investor and trader highlighted Bitcoin’s (BTC) feeble attempt at recovery on Twitter.   As we can see from the tweet above, Lark Davis mentions how the recent surge in the price of Bitcoin (BTC) is already falling. Indeed, it

2 mins read
Bitcoin’s-Philosophy-Tainted-by-Donating-to-Political-Campaigns
Bitcoin’s Philosophy Tainted by Donating to Political Campaigns 

California allows Bitcoin (BTC) donations for political campaigns.  The crypto community urges one another to donate USDT instead of Bitcoin (BTC).  They believe spending Bitcoin (BTC) on political campaigns is against Bitcoin’s vision. The United States of America (USA) keeps astounding the crypto community with constant exciting news. The latest of these announcements comes from the state of California. From henceforth, political campaigns in the state of California can receive Bitcoin (BTC) in the form of donations.  This is indeed very exciting news, as the state had banned political donations in Bitcoin (BTC) back in 2018. More so, the crypto

2 mins read
Bitcoin Whale Moves 132K BTC, Triggers FOMO vs FUD Debate
Bitcoin Whale Moves 132K BTC, Triggers FOMO vs FUD Debate

A Bitcoin mega whale sent 132,000 BTC to Coinbase.  This move pushed the crypto Twitter space into a heated discussion. The crypto community is wondering if the whale will trigger a FOMO or FUD response. The Twitter crypto space is in a feud as crypto and Bitcoin (BTC) investors and traders discuss mega whale transfers. In the midst of multiple transactions of large amounts of Bitcoin (BTC), the crypto community debates what market is dominating.  In detail, Lark Davis, a renowned crypto investor and trader, tweets about massive Bitcoin (BTC) transactions by a mega whale. As we can see from

2 mins read
3-Billion-DOGE-Moved-to-Unknown-Wallet,-Could-it-be-Elon-Musk’s
3 Billion DOGE Moved to Unknown Wallet, Could it be Elon Musk’s?

A total of 3 billion DOGE made its way from Robinhood exchange to an unknown account. This wallet now holds over 7,000 DOGE, making it the 2nd largest whale.  Many are speculating the wallet to be owned by Elon Musk. Robinhood exchange just saw the withdrawal of a huge amount of Dogecoin (DOGE) from its platform. Many crypto and memecoin fans are speculating that the huge Dogecoin (DOGE) transaction to have been made by Elon Musk.  According to bitinfocharts, 3 billion Dogecoin (DOGE) has just been moved from a Robinhood exchange wallet. In addition, the funds have not been moved

2 mins read
In-True-Boomer-Fashion,-Elon-Musk-Caves,-Tesla-Sells-Its-Bitcoin
In True Boomer Fashion, Elon Musk Caves, Tesla Sells Its Bitcoin

Elon Musk gets called ‘a Boomer’ thanks to Tesla’s latest decision.  Tesla just sold 75% of its Bitcoin (BTC) holding.  Presently, the brand owns over 10,000 Bitcoin (BTC). Twitter is exploding with disbelief and flabbergasted laughter with the latest news about Tesla. In light of the steadily recovering crypto market, Tesla sold a huge chunk of its Bitcoin (BTC) holdings. This leaves the brand with over 10,000 Bitcoin (BTC) in hand.  This move came as a surprise to many as it is looking like the crypto market is on the road to recovery after a cold crypto winter. Yet, Tesla

2 mins read
Bitcoin-(BTC)-Candles-Moves-From-Red-to-Green-After-9-Weeks
Bitcoin Could Power the World With Green Energy Initiative

Bitcoin gives hope to a long-forgotten renewable energy project.  The project is the Ocean Thermal Energy Conversion initiative (OTEC). OTEC will harness thermal energy from the oceans to ecologically fuel Bitcoin mining. An almost forgotten 150-year old renewable technology has just come back to life. In detail, the Ocean Thermal Energy Conversion (OTEC) initiative could just be revived to fulfill Bitcoin’s unique appetite for energy consumption.  To elaborate, Bitcoin poses the potential to help bring between 2-8 terawatts of clean, renewable, and continuously fueled energy. In fact, the year-round baseload power will be harnessed from the thermal power lying latent

2 mins read
crypto market reaches $3 trillion market cap
Bitcoin and Altcoins Go Green, Is the Market Finally in Recovery?

Bitcoin (BTC) has finally gone green and is showing bullish signs. Many altcoins have followed Bitcoin’s rally and have also all gone green.  Many are hoping that this is the start of the end to the long-drawn crypto winter. According to many crypto charts of altcoins and the cryptocurrency pioneer — Bitcoin (BTC), it seems the crypto market is on its way to a steady inevitable recovery. Many investors are hoping this to be the start of the end of crypto winter.  At the moment, not only has Bitcoin (BTC) gone green on all the crypto charts, but so have

2 mins read
Samsung-is-Working-on-New-Chip-to-Power-Efficient-Bitcoin-Mining
Samsung is Working on New Chip to Power Efficient Bitcoin Mining

Samsung’s new chip can boost efficiency for mining Bitcoin (BTC).  The chip will deliver 45% reduced power consumption.  It will be 3 nanometers in area and will be 23% more powerful. Samsung’s new chip will power a stronger and more efficient way to mine Bitcoin (BTC). In particular, the Bitcoin mining chip will be more power efficient. To be exact, it will offer 45% more power efficiency. It will also be 23% more powerful.  In detail, Samsung has begun production of its chip capable of greater Bitcoin mining power. Specifically, the chip production is using 3nm process technology with GAA

2 mins read
Dubai-Launches-Metaverse-Strategy,-Opens-Over-40K-Virtual-Jobs
Dubai Launches Metaverse Strategy, Opens Over 40K Virtual Jobs

Sheikh Hamdan, Crown Prince of Dubai, announces Dubai’s Metaverse Strategy. This will create a foundation for over 1,000 companies to operate in the metaverse. It will also open the city up to over 40,000 virtual jobs. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai announced Dubai’s official Metaverse Strategy today. Dubai has taken the blockchain and crypto space to a whole new level in the UAE, it seems fitting that the metaverse is next on its vision board.  In detail, the Dubai Metaverse Strategy aims to create a foundation for over 1,000 companies to operate

2 mins read
The-Bank-of-America-Drops-33%-of-Profits-in-a-Year,-Is-Crypto-to-Blame
The Bank of America Drops 33% of Profits in a Year, Is Crypto to Blame?

The Bank of America fell by 33% in profits this Q2 in comparison to last year’s Q2. It fell from $9.2 billion in Q2 2021 to $6.2 billion in Q2 2022. Traditional and CeFi firms are struggling as more crypto adopters take cautious measures. The Bank of America saw a profit of $6.2 billion in Q2. This indicates a 33% fall in profits as the entity saw a profit of $9.2 billion in the same quarter of 2021. Looks like the crypto industry isn’t the only industry facing a difficult financial winter.  Based on the responses to the tweet, it

2 mins read
Ethereum-(ETH)-and-Ethereum-Classic-(ETC)-Rides-the-Bull,-Until
Ethereum (ETH) and Ethereum Classic (ETC) Rides the Bull, Until?

Ethereum (ETH) and Ethereum Classic (ETC) saw price surges. The price of both crypto assets shot up over the past few days.  However, charts indicate a cool down period soon. Along with Ethereum’s (ETH) current bullrun, it seems that Ethereum Classic (ETC) is also regaining control. Since ETC bottomed in mid-June, the past seven days are showing a strong uptick in price action for the cryptocurrency.  According to some, this surge for both the assets may simply be a temporary celebration. In particular, Ethereum Classic (ETC) is presently showing flashing signs of a possible bearish reversal. That is, in comparison

2 mins read
Cardano-Gains-Momentum-as-TVL-Grows-to-$137
Cardano Gains Momentum as TVL Grows to $137.21 Million

Cardano’s Total Value Locked (TVL) rose by 3.12% in the last 24 hours.  This brings the number up to 137.21 million including staking.  Its CEO Charles Hoskinson recently addressed the community at Consensus 2022. Cardano continues to win the hearts of new fans. Its latest proof is in its Total Value Locked (TVL). As of a few hours ago, Cardano’s TVL has seen an increase of 3.12% in the last 24 hours. Presently, Cardano’s TVL stands at 137.21 million. This value includes staking as well.  Adding on, the tweet from above also confirms numbers from WhaleStats in relation to $ADA.

2 mins read