News Editor
Bitfarms gains 24 megawatts of hydro electric in the US
TL;DR Breakdown
Bitfarms obtains 24 MW of hydroelectric firm in Washington, DC.
The farm is planning to host around 6,200 S19j pro miners to enhance output.
Bitfarms company...
Filecoin Price Analysis: Filecoin is bearish for the next 24 hours
TL;DR Breakdown
Filecoin price analysis is bearish today.
FIL/USD retraced lower over the last 24 hours.
Filecoin is currently trading at $64.
The $66 previous high has served...
Evergrande’s $300 billion debt endangers global economy
TL;DR Breakdown
China-based real estate giant Evergrande is in turmoil as its debts prove to be a pain point for its progress.
The company may soon...
Cardano Price Analysis: ADA moving to test $2 as support, will...
TL;DR Breakdown
Cardano price analysis is bullish today.
ADA/USD close to $2 support after overnight drop.
Reaction is likely to follow over the next hours.
Cardano price analysis is...
Ripple Price Analysis: XRP tests downside again at $1.16, reversal to...
TL;DR Breakdown
Ripple price analysis is bullish today.
XRP/USD found support at $1.16.
Buying pressure slowly returns.
Ripple price analysis is bullish today as a new higher low will...
Chinese Investors caught in a Tokyo real estate company saga
TL;DR Breakdown
Tokyo tax regulators catch up on three Chinese investors involved in an underground cash injection into a Japanese real estate company.
The regulators find...
United States SEC rejects VanEck’s ETF
TL;DR Breakdown
United States SEC rejects VanEck’s ETF
The SEC says approving the ETF will open traders to frauds
Industry experts show concerns over the verdict
With the...
Coinbase shares dip over 13% after lowest Q3 revenue report; implications?
TL;DR Breakdown
Coinbase’s Q3 report noted that its revenue fell short of projected figures.
Following the report, their shares plunged significantly.
Despite the Q3 trends, Coinbase remains...
NFT Boom: Two Dunamu shareholders become the crypto industry’s first billionaires
TL;DR Breakdown
• Dunamu’s crypto company, Upbit, has the most valued shareholders in the country.• The partnership between Dumanu and Upbit will catalyze several NFT auctions based...
Indonesian religious council bans crypto
TL;DR Breakdown
• The head of the Indonesian Muslims believes that cryptos raise doubts among holders.• Indonesia has had crypto-friendly policies according to the national...
