bitcoin news

Crypto lender Celsius says it is exploring options

The Crypto Celsius lender says it is exploring options

Celsius Network’s crypto currency trading platform said Thursday it was looking at options including deals and restructuring of its loans. Celsius earlier this month banned withdrawals and transfers, citing “extreme” market conditions, which left its 1.7 million customers unable to redeem their assets. The Hoboken, New Jersey, company has hired reorganization counselors Alvarez & Marsal …

The Crypto Celsius lender says it is exploring options Read More »

Bitcoin electricity consumption drops by 43 per cent following crypto crash

Bitcoin power consumption decreased by 43 percent following the crypto crash

The cryptocurrency market dropped by more than 50 percent and took hundreds of millions of dollars for crypto traders and investors. However, the whole event has a silver line and the recent crypto crash has had a huge impact on the use of Bitcoin power. According to Digiconomst, a platform that tracks the use of …

Bitcoin power consumption decreased by 43 percent following the crypto crash Read More »

Crypto’s hot streak cools down as harsh ‘winter’ descends

Crypto’s hot streak is cooling off as the harsh ‘winter’ drops

As prices fall, companies fall, and doubts grow, the hot rate producing bitcoin and other cryptocurrencies has become much colder. The hot history of producing wealth for Bitcoin and other cryptocurrencies has become very cold. As prices fall, companies fall, skepticism rises, wealth and jobs disappear overnight, and speculative speculation by investors is replaced by …

Crypto’s hot streak is cooling off as the harsh ‘winter’ drops Read More »

Bitcoin drops below $20,000 to lowest since December 2020

Bitcoin dropped below $ 20,000 to the lowest since December 2020

Bitcoin fell below $ 20,000 on Saturday and reached its lowest level in 18 months, increasing its slide as investors slowed down from risky assets amid rising interest rates. The largest cryptocurrency fell 7.1% to $ 18,993 at 0906 GMT, as it once touched $ 18,732, the lowest since December 2020. It fell by about …

Bitcoin dropped below $ 20,000 to the lowest since December 2020 Read More »

Scroll to Top
%d bloggers like this: