Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite

Archive for March, 2021

Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite

By support on Wednesday, March 31st, 2021 | No Comments

Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns out that fracking companies are utilizing waste gas to power Bitcoin mining rigs. Bitcoin Mops up Waste Gas The shale industry is in a […]

Price analysis 3/29: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK

By support on Tuesday, March 30th, 2021 | No Comments

Bitcoin’s renewed push above the descending channel trendline suggests bulls are preparing to push BTC and altcoins to new highs. Cointelegraph.com News

When ‘alt season?’ Now, says analyst as Bitcoin dominance hits 6-month low

By support on Monday, March 29th, 2021 | No Comments

Altcoins are stepping into the spotlight as Bitcoin comes down from months of all-time highs, but can conditions stay favorable for long? Cointelegraph.com News

3 reasons why Enjin (ENJ) price has rallied 800% over the last month

By support on Sunday, March 28th, 2021 | No Comments

New partnerships, the growing popularity of NFT art and the upcoming launch of JumpNet are just a few reasons why Enjin has rallied more than 800%. Cointelegraph.com News

Former OCC official says crypto has backing but dollar ‘may not’

By support on Saturday, March 27th, 2021 | No Comments

Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” Cointelegraph.com News

DeFi, derivatives and fixing an antiquated financial system: Kristin Boggiano

By support on Friday, March 26th, 2021 | No Comments

Cointelegraph.com News

Bitcoin Sell-Off Worsens as US Jobless Claims Hit Pandemic Low; What’s Next?

By support on Thursday, March 25th, 2021 | No Comments

Bitcoin edged lower Thursday after the jobless claims in the United States reached their lowest level of the pandemic, confirming that the country’s economy is recovering at a faster rate. The benchmark cryptocurrency fell to as low as $ 50,305 ahead of the New York opening bell, continuing its decline from the previous five sessions […]

UNI Mum as Uniswap V3 Announcement Leaves Bulls Wanting More

By support on Wednesday, March 24th, 2021 | No Comments

Key Uniswap Takeaways Uniswap (UNI/USD) surged on Wednesday but lacked the momentum to turn the upside move into a price rally. The move uphill appeared after the decentralized exchange unveiled a long-awaited network upgrade. No hints on gas-solving layer-2 solution left bulls wanting more upside cues. Uniswap climbed on Wednesday after the leading decentralized exchange […]