Iris Energy expansion plan to increase its Bitcoin mining capacity

Iris Energy

Institutional-grade Bitcoin (BTC) mining company Iris Energy has announced its expansion plan to increase its hash processing capacity. With the goal of reaching 9.1 EH/s (exhashes per second) from its current level of 5.6 EH/s, Iris Energy seeks to strengthen its position in the cryptocurrency market. Bitcoin mining with 100% renewable energy The company stands … Read more Iris Energy expansion plan to increase its Bitcoin mining capacity

eToro removes cryptos for US clients due to SEC legal action, but market looks to be recovering

etoro us sec

Social trading platform eToro has announced that it will delist some crypto tokens for United States clients, in response to legal action by the US Securities and Exchange Commission (SEC). Starting yesterday, US clients will no longer be able to open new positions in Algorand (ALGO), Decentraland (MANA), Dash (DASH) and Polygon (MATIC) tokens, according … Read more eToro removes cryptos for US clients due to SEC legal action, but market looks to be recovering

United States (US) Bipartisan Stablecoin Bill

democrats war crypto

The US House Committee on Financial Services has introduced a bipartisan stablecoin bill, aiming to provide clarity in the digital asset market and payment stablecoin regulation. The Committee’s full hearing is scheduled for June 13 under the title “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.” The bill combines the ideas … Read more United States (US) Bipartisan Stablecoin Bill

Cryptocurrency Expert Predicts Bitcoin (BTC) Going Towards $ 300 000

Trade Cryptocurrency Profitably

Renowned cryptocurrency trader Tone Vays expresses his belief that the recent Bitcoin (BTC) correction is setting the stage for a prolonged bullish cycle in the market. In a strategy session addressed to his 123,000 YouTube subscribers, Vays notes that Bitcoin’s current consolidation indicates that the cryptocurrency is likely to follow a path that leads to … Read more Cryptocurrency Expert Predicts Bitcoin (BTC) Going Towards $ 300 000

SEC Alert! Filecoin in the Crosshairs: Could FIL Tokens Be Considered Securities?

fil securities

The United States Securities and Exchange Commission (SEC) has intervened in the Filecoin (FIL) case and has issued a warning to Grayscale, the cryptocurrency manager, noting that these tokens could be considered securities. This is the latest in a series of disputes involving cryptocurrency-related companies. In response to the SEC warning, Grayscale, a subsidiary of … Read more SEC Alert! Filecoin in the Crosshairs: Could FIL Tokens Be Considered Securities?

A whale is discovered buying large amounts of Arbitrum (ARB) with accumulation strategy

Arbitrum ARB

A crypto whale investor is timely acquiring ARB tokens through the popular exchange platform, Binance. With an impressive holding of 2.5 million ARB tokens, it has created quite a stir in the market and affected the value of ARB. Through the use of Arkham Intelligence, the whale’s transaction history has been obtained. Four days ago, … Read more A whale is discovered buying large amounts of Arbitrum (ARB) with accumulation strategy

MakerDAO Launches Spark Protocol, a DAI-Centric DeFi Platform

spark protocol

Yesterday May 8, 2023, MakerDAO, the decentralized finance (DeFi) pioneer, announced the launch of its new lending and lending system called Spark Protocol, which focuses on Maker’s native stablecoin, DAI. Spark Protocol is described as an end-user DAI-centric DeFi product implemented on the Ethereum blockchain. The platform offers a variety of supply and lending functionalities … Read more MakerDAO Launches Spark Protocol, a DAI-Centric DeFi Platform

Polygon PoS Bridge improves the user experience for transactions between Ethereum and Polygon zkEVM

Polygon PoS Bridge

Yesterday, Polygon announced the release of the Polygon PoS Bridge for Polygon zkEVM. This bridge will facilitate the transfer of assets between different blockchain platforms by incorporating smart contracts into its operation. Polygon zkEVM launched last month as a beta mainnet and offers scalability solutions for decentralized applications running on the Ethereum blockchain network. What … Read more Polygon PoS Bridge improves the user experience for transactions between Ethereum and Polygon zkEVM

Expiring Ethereum Options Contracts: Market Impact and Reduced ETH Supply

Ethereum Merge

Ethereum options contracts, which have a maximum pain point of $1,950 and a face value of $4.2 billion, are about to expire. Crypto derivatives traders have recently been dabbling in more Ethereum options than Bitcoin ones. The put/call ratio for Ethereum options is 0.83, which is considered bearish. In contrast, current Bitcoin options indices are … Read more Expiring Ethereum Options Contracts: Market Impact and Reduced ETH Supply

Why do we take irrational decisions about money?

How to correctly invest your money

Money issues should be arithmetical but  they are often psychological. When making money decisions we end up being irrational. Those decisions make us lose financial positions, expending more or earning less than we could. There are several articles about money psychology and one of the keys is making the unconscious conscious. We need to know … Read more Why do we take irrational decisions about money?

Bitcoin experiences fluctuations in its value and market capitalization: analysis of its recent behavior

Trade Cryptocurrency Profitably

The world’s largest cryptocurrency, Bitcoin (BTC), has been experiencing significant ups and downs in value over the past three weeks. Specifically, the value of Bitcoin (BTC) has hovered around the $28,000 mark, while the global crypto market capitalization has declined by $23 billion in less than a week. Bitcoin Bullish Momentum Despite these ups and … Read more Bitcoin experiences fluctuations in its value and market capitalization: analysis of its recent behavior

Cardano (ADA) Update: Withstands Resistance and Opens New Possibilities for EVM Smart Contracts

Cardano ADA

Cardano’s native cryptocurrency ADA has seen a 50% rise since early 2023 and is currently trading at $0.399 with a market capitalization of roughly $13 trillion, according to Coinmarketcap. However, as of late, ADA has faced resistance at $0.40 levels. Cardano whales, holding between 1 million and 10 million ADA, have bought 150 million coins … Read more Cardano (ADA) Update: Withstands Resistance and Opens New Possibilities for EVM Smart Contracts