• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Monday, August 8, 2022
Online Crypto College
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
  • Blockchain
  • Regulation
  • Trading
  • Learn Crypto
    • Free Crypto Training
    • iCoinPro Crypto Trading
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
  • Blockchain
  • Regulation
  • Trading
  • Learn Crypto
    • Free Crypto Training
    • iCoinPro Crypto Trading
No Result
View All Result
Online Crypto College
No Result
View All Result

What does the Bitcoin Mining Council’s Report Mean for Crypto Going Forward? – Blockchain News, Opinion, TV and Jobs

April 26, 2022
in Blockchain
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Bitcoin surges above $40k and looks bullish on the daily time frame, as a bullish divergence on the RSI indicator has been confirmed. Yesterday, the Bitcoin Mining Council released a report which highlighted mining efficiency rose by 63% YoY, with sustainable energy usage at 58%, marking the 4th quarter in a row above 50%. Furthermore, the network used 25% less energy YoY. These improvements are appealing for institutions who see environmental impact as one of the biggest reasons not to invest in Bitcoin.

Related articles

Hector Network Partners with German Side Borussia Dortmund

August 7, 2022

Binance and WazirX Founders Trade Words Over the Latter’s Ownership

August 7, 2022

Fidelity have advanced their support for mainstream adoption, as they will allow investors to put Bitcoin in their 401(k)s. Fidelity are the first major retirement-plan provider to do this, and I think it sends a significant message to pension providers – nobody wants to be first, but nobody wants to be last.

It has been confirmed that Elon Musk has bought Twitter for $44 billion. Musk highlighted the problem of bots which are prominent within crypto twitter. Musk said, “frankly, a top priority I have is to eliminate the spam and scam bots and the bot armies that are on Twitter. They make the product much worse. If I had a dogecoin for every crypto scam I saw, I would have a hundred billion dogecoin.”

It is unclear what Musk will do differently than what is already being done today to tackle the situation, but scam bots are clearly a key issue that are having a significant impact, so Musk will be under pressure to tackle this problem.

Dogecoin has risen by around 20% following the news surrounding Elon’s takeover. Speculators have been buying Dogecoin due to Elon’s obsession with the cryptocurrency, and hence the potential for Dogecoin to be given more utility on one of the biggest social media networks once Elon has official control of the company.


Credit: Source link

ShareTweetSendPinShare
Previous Post

German Commerzbank First to Apply for Crypto Licence in the Country – Blockchain News, Opinion, TV and Jobs

Next Post

Four Bored Apes Stolen in Malicious Phishing attack on Yuga Labs – Blockchain News, Opinion, TV and Jobs

Related Posts

Hector Network Partners with German Side Borussia Dortmund

August 7, 2022

Hector Network, a Web3 technology company, and the sponsor has partnered with the revered German football club,  Borussia Dortmund. According...

Binance and WazirX Founders Trade Words Over the Latter’s Ownership

August 7, 2022

The confiscation of the bank account of WazirX, one of the most renowned cryptocurrency trading platforms in India, by the...

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations

August 6, 2022

The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to...

Coherent Secures $4.5M in Seed Round For API Products

August 6, 2022

Blockchain data startup owned by a former platform engineer at Coinbase, Coherent announced on Thursday that it has secured $4.5...

Coinbase Rises ahead of Second-quarter Earnings Report

August 6, 2022

Shares of cryptocurrency exchange Coinbase have been rising recently this week, although they are still down nearly 70% from the...

Load More
Next Post

Four Bored Apes Stolen in Malicious Phishing attack on Yuga Labs – Blockchain News, Opinion, TV and Jobs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Cardano (ADA) Awaits Strong Breakout to Move in a Positive Direction!

August 3, 2022

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations

August 6, 2022

Man Loses $3.6 Billion After Terra Luna Collapsed to $0 In May

August 4, 2022

MasRelic – DeFi and Synthetic Real Estate Pla…

August 1, 2022

Philippines Financial Watchdog warns public against investing with Binance

August 4, 2022

About Us

This is an online news portal that aims to provide the latest Crypto news, Altcoins, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — ‘They Want to Regulate Everything’ – Regulation Bitcoin News
  • Ethereum Whales Targeting Three Very Surprising Altcoins
  • Regulation is inadequate protection against greed

Newsletter

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
  • Blockchain
  • Regulation
  • Trading
  • Learn Crypto
    • Free Crypto Training
    • iCoinPro Crypto Trading

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$23,260.001.09%
  • ethereumEthereum(ETH)$1,709.641.08%
  • tetherTether(USDT)$1.000.15%
  • usd-coinUSD Coin(USDC)$1.00-0.03%
  • binancecoinBNB(BNB)$326.373.48%
  • rippleXRP(XRP)$0.3741120.42%
  • Binance USDBinance USD(BUSD)$1.00-0.05%
  • cardanoCardano(ADA)$0.532.92%
  • SolanaSolana(SOL)$40.932.16%
  • polkadotPolkadot(DOT)$8.772.80%
  • dogecoinDogecoin(DOGE)$0.0694380.73%
  • AvalancheAvalanche(AVAX)$27.966.38%
  • Shiba InuShiba Inu(SHIB)$0.0000120.75%
  • Lido Staked EtherLido Staked Ether(STETH)$1,646.820.69%
  • daiDai(DAI)$1.000.10%
  • matic-networkPolygon(MATIC)$0.910.33%
  • tronTRON(TRX)$0.0699640.46%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,256.001.10%
  • ethereum-classicEthereum Classic(ETC)$37.59-1.01%
  • OKBOKB(OKB)$18.24-0.49%
  • leo-tokenLEO Token(LEO)$4.89-0.67%
  • litecoinLitecoin(LTC)$61.200.22%
  • FTXFTX(FTT)$30.700.90%
  • UniswapUniswap(UNI)$8.891.33%
  • chainlinkChainlink(LINK)$8.265.37%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.032.40%
  • CronosCronos(CRO)$0.1473241.57%
  • cosmosCosmos Hub(ATOM)$11.427.13%
  • stellarStellar(XLM)$0.1244372.28%
  • moneroMonero(XMR)$164.982.82%
  • FlowFlow(FLOW)$2.8811.91%
  • bitcoin-cashBitcoin Cash(BCH)$141.40-0.12%
  • algorandAlgorand(ALGO)$0.3620893.23%
  • vechainVeChain(VET)$0.0315841.91%
  • filecoinFilecoin(FIL)$8.86-3.46%
  • ApeCoinApeCoin(APE)$7.23-0.45%
  • Internet ComputerInternet Computer(ICP)$8.24-0.24%
  • decentralandDecentraland(MANA)$1.071.18%
  • ChainChain(XCN)$0.085214-0.69%
  • HederaHedera(HBAR)$0.0777200.31%
  • QuantQuant(QNT)$127.384.26%
  • theta-tokenTheta Network(THETA)$1.708.92%
  • The SandboxThe Sandbox(SAND)$1.330.07%
  • tezosTezos(XTZ)$1.901.16%
  • Axie InfinityAxie Infinity(AXS)$18.682.23%
  • ElrondElrond(EGLD)$67.163.45%
  • AaveAave(AAVE)$102.002.73%
  • FraxFrax(FRAX)$1.000.15%
  • Lido DAOLido DAO(LDO)$2.45-4.83%
  • eosEOS(EOS)$1.240.70%