Cryptocurrency Mining Explained: How It Works and Its Impact

cryptocurrency fundamentals

Cryptocurrency mining has become one of the hottest topics in the tech world and financial markets alike. As digital currencies like Bitcoin and Ethereum continue to rise in popularity, understanding the mining process has never been more crucial. This article aims to demystify cryptocurrency mining, explaining its mechanisms, benefits, drawbacks, and broader impact on our […]

Analyzing Prices on 7/26: Bitcoin, Ethereum, Binance Coin, Solana, Ripple, Dogecoin, TON, Cardano, Avalanche, Shiba Inu

Price analysis 7/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Price Analysis 7/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears. After a short pullback, Bitcoin (BTC) has resumed its march toward the psychological resistance of $70,000. This suggests that every minor dip is being […]

Is Bitcoin’s ‘Trump pump’ potential aligning with a crucial technical signal for a potential break of $71.5K?

Bitcoin 'Trump pump' potential matches key technical signal — Can BTC break $71.5K?

Bitcoin ‘Trump pump’ potential matches key technical signal — Can BTC break $71.5K? The Bitcoin chart flashed a crucial buy signal for investors, but BTC still faces significant resistance at the $68,500 mark. Bitcoin could be on track for a significant pump based on a key technical indicator used by crypto analysts that flashed ahead […]

Bitcoin bulls push past $68K as US economy boosts BTC price by 7% in one day.

Bitcoin bulls grill $68K as US rebound lifts BTC price 7% in a day

Bitcoin bulls push $68K as US rebound lifts BTC price 7% in a day BTC price targets now aim for the 2021 all-time highs of $69,000 as optimism on Bitcoin rises. Bitcoin matched three-day highs at the July 26 Wall Street open as excitement built around the Bitcoin 2024 conference. Data from Cointelegraph Markets Pro […]

BTC price surge to $67K brings profits to over 75% of short-term Bitcoin holders

Over 75% of Bitcoin short-term holders in profit as BTC breaches $67K

Bitcoin Short-Term Holders Profit Bitcoin price is finally seeing some relief, but it faces significant resistance at the $68,000 mark, which would trigger over $700 million worth of short liquidations. Three-quarters of short-term Bitcoin holders are now profitable, potentially giving Bitcoin’s price additional upward momentum. Over 75% of short-term Bitcoin (BTC) holders (STHs) are now […]

Crypto Scams 101: Educate Yourself to Stay Safe in the Digital Economy

crypto scams

The digital economy continues to grow at an unprecedented rate, and with this growth comes a proportionate increase in cybersecurity threats. Cryptocurrencies like Bitcoin, Ethereum, and countless Altcoins are now household names, but the unfamiliarity of many people with this new technology leaves them vulnerable to scams. This guide aims to educate readers on common […]

Red Flags to Watch for in the World of Memecoins

memecoin scams

Memecoins, those often humorous and internet-meme-inspired cryptocurrencies, have made waves in the world of digital finance. While the success stories of coins like Dogecoin have captured the imagination of many, the risks associated with investing in these often volatile and speculative assets cannot be overstated. To help investors navigate this tricky terrain, it’s crucial to […]

Elon Musk’s X eliminates cryptocurrency emojis, perplexing the community

Elon Musk’s X removes crypto emojis, leaving community puzzled Bitcoin is not the sole cryptocurrency that has seen its hashtag emoji removed from X amid the Bitcoin 2024 Conference kicking off on July 25. Elon Musk’s X is once again causing a stir in the cryptocurrency community by removing cryptocurrency emojis, which had been in […]

Bitcoin traders caution that the price of BTC could potentially drop to $62K or lower in the future

Bitcoin traders warn BTC price can still dip to $62K or ‘even lower’

Bitcoin traders warn BTC price can still dip to $62K or ‘even lower’ BTC price action resembles Deja vu from last week, as a trip toward range highs precedes Donald Trump’s Bitcoin conference speech. Bitcoin may be seeing “impulsive” upside, analysis warns as markets brace for key news events. In a July 26 post, popular […]

Elizabeth Warren warns that foreign cryptocurrency miners may be conducting surveillance on US military bases

Foreign crypto miners could be spying on US bases: Elizabeth Warren

Foreign crypto miners could be spying on US bases: Elizabeth Warren Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.” Anti-crypto United States Senator Elizabeth Warren has been on the crypto warpath again, this time warning a […]