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Source: Bitcoinist Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it’s arguably a lucrative trade for some, it impacts the local electricity grid. Some estimates say you need up to 155,000 kilowatt hours (kWh) of electricity just to mine one coin, and each transaction…
Source: Coin Tegraph Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new blades.” Read Full Article
Source: Live Mint US Presidential Election 2024: In the context of any event occurring in the United States (US), Indian investors are typically quick to assess the future of the information technology (IT) sector since there is a strong connection between the Indian IT industry and the US. As the US Presidential Election 2024 approaches,…
Source: Bitcoinist Following Microsoft’s recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Satya Nadella to embrace the largest cryptocurrency as a means to future growth. MicroStrategy’s Stock Surges To 25-Year High In a post on social media platform X (formerly…
Source: Bitcoinist Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency. Ethereum Continues To Underperform Against Bitcoin Today, Ethereum’s native ETH token slid further against BTC, recording a low of 0.0365 and erasing all its gains against Bitcoin…
Source: Live Mint The investment world rarely stands still. For instance, because of the taxation reforms, the once-reliable compass of debt mutual funds now points to uncertain territory, leaving high-net-worth individuals (HNIs) scrambling to rethink their investment strategies. The question now isn’t whether to adapt but how to do so effectively. This requires a thoughtful…
Source: Live Mint Gold And Silver Prices Today: Gold prices experienced a modest increase on Sunday. The cost of 24 carat gold is Rs.8046.3 per gram, reflecting an increase of Rs.700.0. The price of 22 carat gold is Rs.7377.3 per gram, marking an increase of Rs.640.0. The price change for 24 carat gold over the…
Source: Bitcoinist In recent years, crimes and crypto have grown inexorably entwined. Crypto crimes rise as its popularity and use cases grow, therefore putting at risk traders and companies alike. TrendMicro claims that even while the value of crypto transactions received by illegal addresses has reduced to an estimated $24.2 billion, this figure will still…
Source: Live Mint This Diwali, if you are contemplating investing into gold, then remember that you do not necessarily have to buy it in the physical form. There are a few options to buy virtual gold which will not only enable you to earn the upside on gold, but will also spare you from worrying…
Source: Live Mint Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear infrastructure and did not disrupt energy supplies, analysts said. Brent and U.S. West Texas Intermediate crude futures gained 4% last week in volatile trade as markets priced…
