News

Oct 19
BTC energy use jumps 41% in 12 months, increasing regulatory risks

Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining. 1417 Total views 36 Total shares Bitcoin (BTC) has seen a 41% increase in energy consumption year-on-year (YoY) despite dramatic improvements in energy efficiency and a more diverse […]

Oct 19
Brent crude oil Wave Analysis – 19 October, 2022

• Brent crude oil reversed from resistance level 95.00 • Likely to fall to support level 86.00 Brent crude oil recently reversed down from the resistance level 95.00 (which has been reversing the price from September), coinciding with the daily down channel from July, upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]

Oct 19
EURNZD Wave Analysis – 19 October, 2022

• EURNZD reversed from resistance level 1.7500 • Likely to fall to support level 1.7200 EURNZD recently reversed down from the key resistance level 1.7500 (top of the sideways price range inside which the pair has been trading from the end of last month), intersecting with the upper daily Bollinger Band. The downward reversal from […]

Oct 19
‘Cryptoqueen’ associates face German court for role in $4B OneCoin scheme

The whereabouts of “Cryptoqueen” Ruja Ignatova are still unknown but the charges against OneCoin members are starting to pile up. 1008 Total views 14 Total shares Three associates of fugitive OneCoin founder Ruja Ignatova, known colloquially as the “Cryptoqueen,” have faced a German court over allegations of fraud, money laundering and banking crimes. Appearing in […]

Oct 19
Nifty News: Top 10 CryptoPunks wallet lays dormant, house sells on OpenSea, and more

Dormant Punks Nonfungible token (NFT) sleuths have dug up an old wallet from 2017 that minted 141 CryptoPunks for 0.02 ETH, which was around $7 at the time when the project launched. According to the Twitter user Nansen Intern from the analytics platform the wallet is now valued at 11,300 ETH, or around $14.7 million […]

Oct 19
Jack Dorsey unveils decentralized social with algo choice and portable accounts

Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter.  The Oct. 18 announcement comes nearly three years since the initiative was announced by Dorsey in December 2019, with the aim […]