CryptoNews

Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands – Mining Bitcoin News

August 27, 2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been defaulting on their debts. Laos’ Crypto Mining Grinds to a Halt Amid Energy Crisis Situated in…
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CryptoNews

Biggest Movers: SHIB, XRP Jump Higher on Saturday – Market Updates Bitcoin News

August 27, 2023
Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturday. Shiba Inu (SHIB) Shiba inu (SHIB) moved away from a recent support point to start the weekend, as bulls opted to buy a recent dip in price. Following a low…
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CryptoNews

Trump Mugshot Fuels NFT Sales: Ex-President's Digital Cards Jump 426%  – Bitcoin News

August 26, 2023
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours. Trump’s Unprecedented Mugshot Sparks NFT Card Gold Rush The saga began when Trump dodged the primary Republican debate this week and later appeared in a…
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CryptoNews

Bitcoin, Ethereum Technical Analysis: BTC Traders Jittery, as Federal Reserve Symposium in Jackson Hole Is Under Way – Bitcoin News

August 26, 2023
Bitcoin marginally declined during Friday’s session, concurrent with the ongoing Federal Reserve symposium in Jackson Hole. The Chair of the Fed, Jerome Powell will be speaking at the annual meeting, and providing guidance on the upcoming policy decision. Ethereum also consolidated today. Bitcoin Bitcoin briefly fell below the $26,000 level on Friday, as traders readied themselves for Jerome…
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