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  • Texas Bitcoin Miners Turn Off to Conserve Power for the Grid

    From finance.yahoo.com

    The Texas Blockchain Council, a trade association representing the bitcoin mining industry in Texas, announced today that the bitcoin miners responded to the conservation notice that was issued by ERCOT yesterday. Some facilities shut down while many will ramp down in the afternoons this weekend when power is in high demand but then turn back on overnight when demand subsides. "In addition to bringing jobs and tax revenue to rural areas of Texas, many of which are in need of economic revitalization, the bitcoin mining industry also provides greater grid resilience by acting as a controllable load," said Lee Bratcher, ... (full story)

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    DOGE Price Analysis: Wedge Pattern Retest Phase Warns $0.08 Fallout

    From coingape.com|May 14, 2022

    A bearish fallout from a yearly falling wedge pattern suggested the Dogecoin(DOGE) price witnessed a significant freefall. However, the lower price rejection at the retest phase ...

    Do Kwon says he is 'heartbroken' in new statement, claims no UST or LUNA sold during crisis

    From theblockcrypto.com|May 14, 2022

    Terraform Labs co-founder and CEO Do Kwon broke his social media silence early Friday evening with a trio of tweets about the collapse of Terra's LUNA token and associated ...

    Beware a Global Economy with Little Fires Everywhere

    From project-syndicate.org|May 14, 2022|2 comments

    Big shocks to the global economy, such as Russia’s invasion of Ukraine, understandably capture the most attention. But a new worldwide pattern of “little fires everywhere” may be ...

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    Will the Ethereum 2.0 update reduce high gas fees?

    From cointelegraph.com|May 14, 2022

    What is the Ethereum 2.0 update? Also called Eth2 and Serenity, Ethereum 2.0 is an upgrade to the Ethereum network that promises to bring several improvements. Slated improvements ...

    Central African bank regulator reminds member states of crypto ban, Reuters reports

    From theblockcrypto.com|47 hr ago

    Central Africa's regional banking regulator reminded member states on Friday of its ban on cryptocurrencies, just weeks after the Central African Republic (CAR) made bitcoin legal ...

    Macro and Prices: Sentiment Swings Between Inflation and Recession

    From marctomarket.com|46 hr ago

    The market is a fickle mistress. The major central banks were judged to be behind the inflation curve. Much teeth-gashing, finger-pointing. Federal Reserve Chair Powell was blamed ...

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  • Story Stats
  • Posted: May 14, 2022 8:35pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 48
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