El Salvador and its Ambitious Bitcoin Mining Project

El Salvador has announced a Bitcoin mining project with plans to scale it up to a capacity of 20,000 MW. Below are details of what one needs to know. El Salvador is taking a big step towards financial independence with its large-scale Bitcoin mining plan. The government has announced a Bitcoin mining project that will […]

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Crypto Code Commits to Fall Despite Rising Prices

Some may feel a thaw in Crypto Winter as Bitcoin flirts with its highest price in over a year. But tokens aside, the icy market that defined 2022 seems far from over when it comes to software development. The number of active developers working on open source crypto projects has fallen 22% over the past […]

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FTX Collapse Wiped Out Tom Brady’s $30 Million Investment: Report

The seven-time Super Bowl winner’s shares in FTX are now worthless following the company’s bankruptcy. Brady is also facing investor lawsuits. The FTX collapse dealt a devastating blow to popular NFL quarterback Tom Brady, causing him significant financial losses. Known for his role as an ambassador for FTX, Brady frequently appeared in its commercials, endorsing […]

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Bitcoin and Cryptocurrencies This Week

Recovery in the cryptocurrency sector stalled in the last week of trading. The Bitcoin price reached a new high for the year at $31,525, and Ethereum (ETH) was also able to continue its rally with a rise to $1,978. Overall, the crypto market moved sideways, following the US S&P500 and Nasdaq100 stock indices, which had […]

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Weekly Report: Bitcoin Whales Slowed Down

Bitcoin whales have come down from the high volume of trading they displayed in June. This week, the Bitcoin whales pulled back from the strong pace of trading that they displayed over the previous three weeks. However, the average trend of remittances to centralized exchange (CEX) wallets remained largely intact. In addition, the price of […]

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