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Crypto Mining in Abkhazia Shut Down Over 300 Mining Rigs

Abkhazia continues to shut down crypto mining farms The authorities have sealed and disconnected a total of 300 mining rigs The local government of Abkhazia, a partially recognized South Caucasus republic, continues to shut down crypto mining farms. Specifically, the authorities have already closed eight crypto mining farms from June 1 to June 14. This movement was made to enforce the country’s law on the crypto mining ban. The authorities have sealed and disconnected a total of 300 mining rigs. Furthermore, the largest mining farm that was inspected by the Abkhazia police was in Gali District. The mining farm in

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Coinbase Listed SHIB
Shiba Inu Now Listed on Coinbase Pro, Robinhood to Follow?

Shiba Inu coin has been listed on Coinbase Pro; trading will begin on June 17. Shiba Inu was listed along with Chiliz and Keep Network. Alongside the listing announcement, at least 150,000 Shiba Inu holders managed to sign a petition to list the coin on the Robinhood app. Popular meme coin and Dogecoin emulator Shiba Inu is now listed on Coinbase Pro. Trading for the coin will begin on Thursday, June 17, at 9 AM Pacific Time (PT). The coin was listed along with Chiliz and Keep Network. Due to the announcement, the price of Shiba Inu surged as many

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Goldman Sachs Ethereum Options
Goldman Sachs to Expand Crypto Trading Options to Ethereum

Goldman Sachs revealed in a phone interview that they are planning to offer Ethereum to its clients. The bank stated that many of its clients are interested in trading cryptocurrencies. At the time of writing, Ethereum price is $2,552.98. Multinational banking giant Goldman Sachs has announced that it is mulling over the expansion of its crypto trading offering to Ethereum along with Bitcoin. Specifically, the bank will offer options and futures trading for the said currency in the succeeding months. According to Matthew McDermott, head of digital assets at Goldman Sachs, they have a lot of clients that are interested

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BTC and MATIC Join the Trend
Crypto Market Rocket High, BTC and MATIC Join the Trend

Crypto boosted its market position together with Bitcoin MATIC price surge to almost +20.5% in the past 7 days The crypto market continues to raise its market position along with the rise of Bitcoin in the past few days. Interestingly, the total crypto market capitalization of the whole crypto market increased to almost +3% in the past 24-hours. Best of all, Bitcoin was able to boost its market price to almost +20.5% in the past 7-days despite the bearish market. Truly, this is an event that has been celebrated by the crypto community all over the world. Aside from Bitcoin,

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GMR Finance Continues Bullish Trend Amid BSC Listing

GMR Finance (GMR) continues to skyrocket its trading price since it launched on the Binance Smart Chain. The crypto generated almost $10 million trading volume in the past 24 hours. GMR Finance (GMR) continues to surge in its trading price since it launched on the Binance Smart Chain (BSC). Specifically, GMR recorded a whopping growth rate of over +400% from its launch date to its current price as of the time of writing. As a result, the crypto generated almost $10 million trading volume in the past 24 hours. Upon its launch, GMR has burned 50% of its tokens, a

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TRON Blockchain Total Transaction Exceeds 2 Billion

TRON blockchain recently surpassed 2 billion transactions. The number of TRON accounts also reached 39 million. A couple of months ago, the market capitalization of Tether on TRON also exceeded that on Ethereum. The TRON community is on cloud nine, as the number of transactions on their blockchain has recently surpassed the 2 billion mark. According to TRON Foundation CEO Justin Sun, this proves that they have the “world’s fastest-growing public chain”. Sun expressed support to the TRON community for their staunch support behind the blockchain. Meanwhile, he also mentioned that the total number of TRON accounts now reached 39

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Bitcoin Smashes $40k, Leaving Bears Behind

Bitcoin successfully reached the bullish price of $40k. This made Bitcoin break free from its resistance level of $40k Bitcoin had just successfully reached the bullish price of $40k. Specifically, Bitcoin was able to break free from its $40k resistance level. Furthermore, this made the crypto effectively record a growth rate of over +10.5% in the past 24-hour. Indeed, this was a glorious moment that has been celebrated by the Bitcoin community in the crypto world. This made Bitcoin analyst Bitcoin Archive react in a tweet post: However, this achievement made by Bitcoin gathered many opinions across the crypto world.

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MicroStrategy Raises $400m
Michael Saylor’s MicroStrategy Raises $400m Debt to Buy BTC

MicroStrategy offered $400 million of senior secured notes to all qualified institutional investors  The senior secured notes will be due in 2028 and all the proceeds from the transaction will be used to buy Bitcoin. MicroStrategy, a firm headed by its CEO Michael Saylor is borrowing $400 million to buy Bitcoin. Specifically, MicroStrategy is offering $400 million of senior secured notes to all qualified institutional investors. These notes will be due in 2028 and all the proceeds from the transaction will be used to buy Bitcoin. Saylor explained: We say bitcoin is hope. Bitcoin fixes everything…that certainly was the case

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El-Salvador-Adds-Bitcoin
El Salvador Adds Bitcoin as Legal Tender, Paraguay, Panama to Follow

El Salvador has recently become the first country in the world to recognize Bitcoin as legal tender. Other countries in the Central and South American continent such as Paraguay and Panama may follow suit. Despite massive FUD and sell-off, the recent bullish news may have helped Bitcoin to stabilize in price. El Salvador has become the most recent country in the world to recognize Bitcoin as legal tender. The news was announced through a recorded message by the Central American country’s president Nayib Bukele during the Bitcoin Conference in Miami. Specifically, President Bukele said he will submit proposed legislation for

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Elon-Musk-Catches-Cyber-Hackers-Attention
Elon Musk Crypto Memes Catches Cyber Hackers Attention

An unknown group of cyber hackers created a video message addressed to Elon Musk The hackers hated Elon for destroying crypto holders lives An unknown group of decentralized hackers created a video message addressed to Elon Musk, a Bitcoin investor and Tesla CEO. Specifically, the group called themselves Anonymous who hated Elon for destroying crypto holders’ lives with crypto memes.  Anonymous said:  “Reading from the comments on your Twitter posts, it seems that the games you have played with the crypto markets have destroyed lives. Millions of retail investors were really counting on their crypto gains to improve their lives.”

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Ethereum the Next Favorite-of-Elon
Is Ethereum the Next Favorite Cryptocurrency of Elon?

Is Ethereum the next crypto favorite of Elon Musk? Ethereum continues to be the second biggest crypto next to Bitcoin Is Ethereum the next crypto favorite of one of the richest men in the world and Bitcoin investor Elon Musk? These rumors spread like wildfire in the crypto world after Elon tweeted about Ethereum. Truly, for some reason, we all know that most of Elon’s tweets create an impact in the crypto world. Meanwhile, this tweet that Elon posted gathered a lot of opinions across the crypto community. As a result, there were people that agree, some disagree and others

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Dogecoin Partners With Coinbase
Dogecoin Partners With Coinbase Pro Exchange

Dogecoin is now available at Coinbase Pro. Coinbase Pro opens its DOGE trading on June 3, 9AM Pacific Standard Time (PST). Dogecoin (DOGE) is now available at Coinbase Pro decentralized exchange. Specifically, Coinbase Pro opens its doors to DOGE deposits on June 1. As a result, traders can deposit their DOGE crypto ahead of its trading time on June 3, 9 AM Pacific Time (PT). Clearly, this piece of great news brings joy to the global DOGE community, especially in the U.S. Coinbase Pro team explains:  “Starting immediately, we will begin accepting inbound transfers of DOGE to Coinbase Pro. Trading

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