Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to...
Why Bitcoin Plunged to $42K before Spiking Back to $45K
Elon Musk’s tweet on Bitcoin payments being halted at Tesla generated a plunge in Bitcoin’s price. The cryptocurrency plummeted to $42K before recovering in price,...
Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week
It’s all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the “Dogefather.”...
Bitcoin and Ethereum usage fees drop 70–80% as market slide continues
Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks....
Altcoin Market Dominance at Highest Point in 3 Years
Bitcoin dominance dropped below 40 percent for the first time since June 2018....
Elon Musk Criticizes Bitcoin Mining for Being Highly Centralized in China, Hinting that Tesla May Dump Bitcoin
Elon Musk’s tweets have served to create headwind for Bitcoin, sending the cryptocurrency on a steep plunge. (Read More)...
Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year....
Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold...
Did Elon Musk Inadvertently Promote Ripple (XRP) When He Dropped The Bitcoin Bomb?
Ever since Tesla CEO Elon Musk’s announced that the automaking company will be dropping Bitcoin payments, Bitcoin has plunged dramatically on the crypto market, shedding...
Is Crypto Twitter Getting Sick of Elon Musk?
Earlier this year, Elon Musk was well on his way to becoming a crypto darling. What now?...