Uutiset

January 16, 2025

Thailand cracks down on Polymarket and looks to approve spot Bitcoin ETFs.

While the government cracks down on Polymarket for alleged illicit gaming operations, Thailand's SEC is examining proposals for stablecoins and spot Bitcoin ETF listings. The Securities and Exchange Commission (SEC) of Thailand is thinking about permitting spot Bitcoin exchange-traded funds (ETFs) to list on regional markets for the first time. SEC Secretary-General Pornanong Budsaratragoon stated on January 14 that the agency is determining whether or not institutional and ordinary investors might trade spot Bitcoin ETFs worth $99,400 locally. According to Bloomberg, Pornanong stated, "Like it or not, we have to move along with more adoption of cryptocurrencies worldwide." "We must...

December 30, 2024

Basics of KRC-20 Tokens: All the Information You Need Now

SUMMARY Kaspa, which focuses on resolving significant problems that existing cryptocurrencies face, such as security and decentralization, has recently developed a new product called KRC-20.Despite its reputation for quick and safe peer-to-peer transactions, Kaspa lacks smart contract functionality. As a result, a new standard protocol, KRC-20, has been introduced by the Kaspa Ecosystem Foundation (KEF), a dedicated organization from the Kaspa core team. Crypto and blockchain aficionados' interest has been piqued by the release of KRC-20, and many are eager to investigate the potential and prospects presented by the new Kaspa blockchain features. The blog will provide information about KRC-20...

December 30, 2024

Bitcoin slides below $94K mark, bears now in control

Arthur Hayes and other market analysts have cautioned about significant short-term price corrections before Bitcoin hits a new all-time high.The price of Bitcoin, which peaked on December 17, 2024, at about $108,000, fell to $93,793 on December 29, below the $94,000 price level. Bitcoin is down about 2.67% over the last seven days and 1.29% over the last 24 hours, according to data from CoinMarketCap. Following its historic bull rally in November and December, the price of Bitcoin is consolidating between $92,000 and $99,000, trading well below its 20-day EMA and getting closer to its 50-day EMA. The Relative Strength...

December 26, 2024

A 'glitch' in TradingView reduces dominance to zero, causing the price of bitcoin to drop 4%

In what seems to be a reflex reaction to inaccurate Bitcoin dominance data, the price stability of BTC fluctuates.On December 26, Bitcoin experienced volatility as it seemed that markets were responding to erroneous TradingView graphic data. The output is: BTC longs are incurred due to apparent market errors. Cointelegraph Markets Pro data showed abrupt $96,350 Bitcoin price declines of about 4%, bringing an end to the calm Christmas trading environment.As social media users pointed out an irregularity on TradingView's Bitcoin dominance chart, the price of bitcoin dropped toward $95,000. As a result, Bitcoin's portion of the total cryptocurrency market value...

December 23, 2024

Will the price of XRP plummet once more?

Will the price of XRP plummet once more? Because of bearish technical conditions and indications of expanding whale dispersion, XRP may drop 15–25% in December.Three weeks after reaching $2.90, its highest level since January 2018, XRP has fallen more than 25%. On December 23, it was trading as low as $2.13.The main causes of the price drop have been the Federal Reserve's hawkish turn and profit-taking at XRP's overbought levels. The output is: Let's investigate the possibility that XRP's price will decline much more in the days ahead. XRP might tumble by 15% to 20% over the holidays. Since early...

December 23, 2024

Social sentiment for bitcoin falls to an all-time low, indicating a breakout

The fact that social opinion about Bitcoin has reached its lowest position since 2024 may portend an impending rebound for the biggest cryptocurrency in the world above $100,000. According to Cointelegraph data, the price of bitcoin is currently above $97,150 at 12:38 PM UTC, down more than 10% from its peak of over $108,300 on December 17. Following the 10% correction, the average ratio of favorable to negative Bitcoin-related comments on social media dropped to its lowest level since 2024. However, market analytics firm Santiment stated in a post on X on December 22 that this low mood among retail...

December 19, 2024

ASIC Miners: The Efficient Tool for Cryptocurrency Mining

In the world of cryptocurrency, mining is not only a crucial method for generating new coins but also a key component in ensuring the security of the blockchain network and validating transactions. With the widespread adoption of major cryptocurrencies like Bitcoin, mining equipment has evolved from ordinary computers to highly specialized devices. In this process, ASIC miners have rapidly become the mainstream choice in the mining field due to their outstanding performance and specialization. I firmly believe that ASIC miners are the future of proof-of-work mining because they are more energy-efficient, offer higher hash rates, and have stronger environmental adaptability....

December 17, 2024

Is Bitcoin Mining Profitable?

Is Bitcoin Mining Profitable? Bitcoin mining, once considered a lucrative venture, is now facing more complexities. With increased competition and fluctuating market conditions, it’s crucial to understand what factors influence Bitcoin mining profitability. Whether you are just getting into mining cryptocurrency or already have a Bitcoin farm set up, it’s important to know the key elements that determine if Bitcoin mining is worth it. In this blog, we will explore the profitability of cryptocurrency mining, specifically Bitcoin mining, and answer some important questions: Is Bitcoin mining profitable? And can you still mine Bitcoin in 2024? There are key factors that...