The cryptocurrency market slowed down in the last week of May as participants locked in profits after recent rallies. However, as summer begins, digital assets could behave very differently. Here’s why whales are betting on Dogecoin (DOGE), Avalanche (AVAX), and…
Experts told RBC-Crypto about the prospects for Bitcoin in June: what could affect the coin’s rate, as well as what support levels and price targets could be realized in the first month of summer. “The clouds are gathering again” After…
Three major token unlocks are expected in June: ZKsync (ZK), Vana (VANA), and LayerZero (ZRO), with nearly $133 million in assets coming into circulation. ZKsync is a layer 2 scaling solution for Ethereum that uses zk-rollups to increase transaction throughput…
Crypto exchange Bybit has received a license to operate under the European regulation MiCA in Austria. Information about the registration is posted on the website of the local regulator FMA, RBC Crypto reports. The MiCA (Markets in Crypto-Assets) rules came…
The Pakistani government has decided to allocate 2,000 megawatts (MW) of electricity as part of the first phase of a national plan to support Bitcoin mining and artificial intelligence (AI) data centres. According to Pakistani Finance Minister Muhammad Aurangzeb, this…
Bitcoin mining uses energy comparable to some countries. This is often seen as one of Bitcoin’s biggest downsides, as its use is harmful to the environment. However, Bitcoin advocates argue that the situation is more complex and that Bitcoin may…
Russia’s Energy Ministry is exploring the possibility of introducing incentives for the tightly controlled Bitcoin mining industry to move it to the north of the country. The move follows a ban on bitcoin mining introduced in January this year in…
Bitcoin (BTC) miner MARA Holdings (MARA) will transfer 500 BTC to broker Two Prime in order to make a profit, the companies said on Thursday. The deal will strengthen an existing partnership between the two cryptocurrency companies: SEC-registered entity Two…
Bitcoin BTC hit a new all-time high of $109,000 on Wednesday , but that doesn’t bring much relief to Bitcoin miners who were forced to sell a significant portion of their BTC holdings last month, TheMinerMag reports. The company’s latest…
Sangha Renewables, Bitcoin A $106,546.31 bitcoin mining company that aims to provide companies in the renewable energy sector with the ability to mine bitcoin began construction on its flagship 19.9-megawatt (MW) solar power plant in West Texas on Wednesday. “We…