Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit

AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity.

Ascending triangle patterns are one of the most popular chart indicators traders use, but it does not always mean the price will rally. 220 Total views 14 Total shares Own this piece of history Collect this article as an NFTMarket analysts rely on many technical indicators to anticipate future trends, one of which is the…

Bitcoin (BTC) easily succeeds over other cryptocurrencies in multiple key areas, which all but guarantee its future as the standard, noted academic Konrad S. Graf has concluded.In the second installment of a two-part interview with Eurasia Review published Jan. 1, Graf highlighted a plethora of “competitive advantages” inherent to Bitcoin. Graf has sought to gain exposure…

Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company. As part of a Jan. 23 post about the year ahead from a number of executives at Pantera Capital, Paul Veradittakit, General Partner at Pantera…

Scammers have been trying to trick customers by offering them the prospective return of their assets. 24 Total views 1 Total shares Own this piece of history Collect this article as an NFTBankrupt crypto exchange FTX has acknowledged a recent spate of third-party scams and frauds aimed at swindling its already-embattled customers.On Feb. 3, FTX…

Thanks to COVID measures, the local economy may not recover until 2022. 759 Total views 8 Total shares A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability. Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah Zhou…

The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs. 80 Total views 18 Total shares While decentralized finance (DeFi) token prices may be going down, new forms of utility like liquid staking are on the rise and some believe that more people…

Australian and U.S. digital asset lawyers told Cointelegraph that by and large, the words on their own as "pretty useless." 255 Total views 7 Total shares Crypto influencers may need to practice what they preach and “do their own research” when it comes to sharing their crypto tips.According to several digital asset lawyers, the popular…

A massive earthquake hit southeastern Turkey along the border with Syria on Feb. 6, which has so far caused the death of more than 5,000 people. The quake had a magnitude of 7.8 on the Richter scale, which is internationally categorized as a “major” earthquake, and occurred along 100km (62 miles) of the fault line.Infrastructure…