The total crypto market cap continues to crumble as the dollar index hits a 20 year high

From a bearish perspective, there is a truthful likelihood that the crypto market entered a descending channel (or wedge) on Aug. 15 after it failed to interrupt above the $1.2 trillion whole... Read more »

Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry

The federal government of Georgia has accredited amendments to the authorized framework for the Caucasian nation’s monetary sector, together with further rules for crypto and fintech actions. The transfer goals to align... Read more »

US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%

Bitcoin (BTC) confronted acquainted stress on the Sept. 1 Wall Road open because the U.S. greenback hit contemporary two-decade highs. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView Dealer: DXY may hit 115... Read more »

Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say

Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of power capability, consultants have estimated. Buyers are contemplating tasks for an additional 200 MW regardless of constraints stemming... Read more »

Bitcoin price dips 14% in August as trader warns of ‘macro drop down’

Bitcoin (BTC) has sealed its worst August efficiency since 2015 after the month-to-month candle closed down 13.9%. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView Weekly candle “does not look good” Information from... Read more »

Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing

Bitcoin (BTC) fluctuated round the important thing $20,000 mark into Aug. 31 because the outlook on United States inflation darkened. Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD once more dipping... Read more »

Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say

Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of vitality capability, consultants have estimated. Traders are contemplating initiatives for one more 200 MW regardless of constraints stemming... Read more »

Buterin makes the case for alternative stablecoin technology in high inflation environment

Vitalik Buterin mentioned the cryptocurrency business would profit from creating new types of stability away from dollar-pegged stablecoins. Responding to Coinbase CEO Brian Armstrong, who requested if there was room out there... Read more »

Tether fights back against insolvency claims, EU struggles to curb inflation

The largest information within the cryptoverse for Aug. 30 consists of the FBI’s warning towards utilizing DeFi protocols, liquidation of $20 million in Bitcoin longs, and Tether’s fightback towards WSJ insolvency claims.... Read more »

UBS raises US recession odds to 60%, but what does this mean for crypto prices?

On Aug. 30, international funding financial institution UBS elevated its view on the chance of the USA coming into a recession inside one yr to 60%, up from 40% in June. Based... Read more »