Exxon Is Using Excess Natural Gas to Mine Bitcoin
Litecoin’s (LTC) previous rally saw notable gains that halted near the 61.8% Fibonacci resistance. Since then, LTC has witnessed a strong reversal for over four months now. From here on, If the current candlestick closes below or near to the previous green candlestick, it would confirm an evening star pattern (bearish). Thus, a close below the current zone could propel a test of the $106-floor before a possible revival. At press time, LTC traded at $121.425.
SK Group, South Korea’s third-largest conglomerate, said it will issue its own cryptocurrency through the firm’s investment arm, SK Square. SK Square is also preparing a blockchain service for its partners, to facilitate the crypto issuance. Both projects are still in their infancy, and the company is targeting a token rollout within the year, through an initial coin offering (ICO). While ICOs are banned in the country, newly-elected President Yoon Suk-Yeol has vowed to pass crypto-friendly rules, including the possible legalization...
On Wednesday (March 23), U.S. Senator Jim Risch (R-Idaho) commented on the passage of proposed legislation on El Salvador out of the U.S. Senate Committee on Foreign Relations, which means that now the full U.S. Senate will need to vote on this bill. As you may remember, the...
Popular rapper Snoop Dogg on Thursday released new music as NFTS themed around ApeCoin (APE) and the Bored Ape Yacht Club (BAYC). The collection, titled “Ape Drops 03 : An 8th,” consists of eight tracks made in collaboration with fellow rapper Wiz Khalifa. APE prices soared after the move, trading 17% higher at $13.8. The token has been on an uptrend since Wednesday, following news that BAYC owner Yuga Labs raised $450 million in a funding round led by venture...
AVAX’s price coiled up for roughly two and a half months before breaching out of a technical pattern. This breakout, while bullish, faces a threat of undoing the gains registered over the past week. So, investors need to pay close attention to the price action over the course of this week to determine the future for Avalanche.