Few crypto projects have generated as much anxiety and exaggeration as Worldcoin, the biometrics proof-of-human concept co-founded by Sam Altman, the founder of Open AI. Notably, the last time such intense reactions were seen was during the ill-fated digital currency endeavour by Facebook/Meta known as Libra/Diem.Continue Reading
The man detained in Montenegro is allegedly Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a cryptocurrency firm that went bankrupt. He is wanted in both South Korea and the United States on charges of fraud and other offences, according to Interpol.Continue Reading
Crypto Mining Stocks: The Success of Crypto Mining Stocks Cryptocurrency mining stocks showed outstanding performance last week, ranging from a substantial 38% gain to a remarkable 101% gain Month-to-Date (MTD). Stocks like RIOT, HIVE, BITF & MARA, specializing in cryptocurrency mining, are profiting from reduced energy costs and Bitcoin’s bullish surge above $20K USD. Cryptocurrency...Continue Reading
FTX to Be Acquired by Binance, Revealed in Unexpected Letter of Intent FTX, in an unexpected twist, was announced by Binance on Wednesday to be acquired through a letter of intent. The past 48 hours have been tumultuous for the industry, witnessing clashes between the two exchanges and their respective CEOs, resulting in an “exchange...Continue Reading
In the world of decentralised finance (DeFi), multiple projects have begun to pick up pace in the depths of the bear market, signing huge partnerships to not only bolster their current prices, but their future. Polygon and Solana are making big moves!Continue Reading
Technical Analysis of Upcoming Market Movements In today’s technical analysis update, we delve into the inverse relationship between the DXY (US dollar index) and BTC’s price, provide an analysis of the Elliott wave count on Ethereum, and examine Bitcoin’s longer-term price cycle. With the upcoming FED interest rate decision scheduled for early hours tomorrow and...Continue Reading
U.S. Treasury and Cryptocurrency: Advancing with Caution As U.S. Secretary Janet Yellen articulates the growing influence and complexities of cryptocurrencies, the spotlight on regulatory frameworks becomes more pronounced. This pivotal time in the digital asset landscape underscores the need for reliable and efficient tools in the cryptocurrency mining sector. At Mining Store, we offer cutting-edge...Continue Reading
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