Auto Added by WPeMatico

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia…

Continue ReadingRussian Government Allows Regions to Raise Electricity Rates for Crypto Miners

Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’

The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have…

Continue ReadingCrypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’

DOGE and SHIB Led the Pack of Meme-Based Assets in 2021, Both Tokens Dominate 85% of the Meme-Coin Economy

The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion…

Continue ReadingDOGE and SHIB Led the Pack of Meme-Based Assets in 2021, Both Tokens Dominate 85% of the Meme-Coin Economy

Demand for Mining Hardware Spikes in Russia, Prices Rise

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit…

Continue ReadingDemand for Mining Hardware Spikes in Russia, Prices Rise

Market Analyst Says ‘Whole Crypto Sphere Is in a Bear Market’ as Prices Continue to Slide Lower

The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid…

Continue ReadingMarket Analyst Says ‘Whole Crypto Sphere Is in a Bear Market’ as Prices Continue to Slide Lower

Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets

A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the…

Continue ReadingHuobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While…

Continue ReadingEthereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets…

Continue ReadingCrypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’

The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the…

Continue ReadingCrypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’

12-Month Mega Gains — A Dozen Crypto Assets Gained More Than 7,000% Since Last Year

The crypto asset bitcoin has seen a phenomenal year gaining 261.5% over the last 12 months and the second leading crypto asset, ethereum, rose by 819.9% since mid-November 2020. However,…

Continue Reading12-Month Mega Gains — A Dozen Crypto Assets Gained More Than 7,000% Since Last Year