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Money World
A recent report has suggested that the Russian crypto mining industry could experience significant growth in the coming year. Industry insiders from BitRiver, Russia’s largest crypto mining player, have predicted a growth rate of between 20% and 40% for 2024. This forecast is based on the current low cost of electricity in Russia and the
In recent news, Ethereum price experienced a significant rally of over 20%, attributed to the increase in hopes of an ETH ETF. The cryptocurrency broke through multiple resistance levels, including the crucial $3,500 zone. This surge has positioned Ethereum above $3,600, with the 100-hourly Simple Moving Average acting as a strong support level. Upon closer
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There has been a recent buzz surrounding potential approvals of spot Ethereum ETFs by the SEC, with Bloomberg ETF analyst Eric Balchunas suggesting a possible shift in the regulatory stance. ETF Store President Nate Geraci also joined in, mentioning the likelihood of the SEC approving 19-b4 exchange listing rules while delaying decisions on S-1 registration
In a recent development, a Kraken executive has denied any plans to delist Tether’s USDT stablecoin in Europe. Mark Greenberg, the Global Head of Asset Growth & Management Business at Kraken, stated that the company is exploring all options to ensure that USDT remains available under the upcoming regulatory regime. Despite the uncertainties surrounding the
Learn how to maximize online store sales with social media. Discover strategies, influencer partnerships, and social media campaigns to boost revenue.
Bitcoin, the world’s largest cryptocurrency, has recently shown a bullish signal through the Stablecoin Supply Ratio (SSR) Oscillator. This indicator, which compares the supply of stablecoins to Bitcoin, has broken below the lower Bollinger Bands, suggesting a potential upward movement in Bitcoin’s price. This unique technical pattern is crucial for traders and analysts who use
BounceBit, a new Bitcoin restaking startup, has recently unveiled an elaborate roadmap for 2024 with the goal of revolutionizing high-yield Bitcoin investing through a combination of centralized and decentralized finance. Challenges and Opportunities The startup, backed by Binance, aims to bridge the gap between CeFi and DeFi by introducing innovative products and enhancing the existing
Discover proven methods to monetize a gaming stream on Twitch. Learn innovative strategies to maximize earnings through sponsorships, affiliate marketing, merchandise sales, and more. Elevate your Twitch stream to new heights of success!