OCEAN Mining has announced the establishment of a global hub in El Salvador. The Bitcoin mining pool is backed by Jack Dorsey. OCEAN Mining, a Bitcoin mining pool backed by Jack Dorsey, the founder of payments firm Block (formerly Square), has established its headquarters in El Salvador. OCEAN opens international hub in El Salvador In…
ETHUSD posts fresh 2-month high following ETF approval But sustains some losses as advance seems overstretched Momentum indicators ease from overbought conditions ETHUSD (Ethereum) has been on the rise after claiming the 50-day simple moving average (SMA) in mid-May. Moreover, the regulatory approval of spot-Ethereum ETFs in the US boosted the price to a fresh…
Internet Computer (ICP) brings the concept of a World Computer to life. It is an open, safe, blockchain-based network that can store data and applications in the form of smart contracts, execute those computations in a reliable and secure manner, and grow forever. The project brings together a sizable number of individually configured node machines…
Matter Labs, the developer behind zkSync, has sparked controversy within the crypto community by filing trademark applications for the term “zero-knowledge” (ZK) in nine countries, which many believe goes against the industry’s cooperative nature. Matter Labs has also previously attempted to register a token under the symbol “ZK” on several crypto exchanges. ZK technology is vital in cryptographic…
Stories you might have missed FBI takes down massive global army of zombie computer devices, arrests key player in Singapore THE US Federal Bureau of Investigation (FBI) said it has dismantled what is likely the world’s largest botnet – an army of 19 million infected computers – that was leased to hackers for cybercrimes. Port…
Get Email Alerts and Follow Us: In April, the U.S. trade deficit expanded by 7.7% to $99.4 billion, the largest since June 2022, driven by a significant rise in imports, particularly in the auto sector. Imports grew by 3.1%, while exports only increased by 0.5%. Auto imports surged by 10.4%, whereas auto exports rose by…
Investing.com – Ree Automotive Holding (NASDAQ: ) reported first quarter EPS of $-2.280, $0.71 worse than the analyst estimate of $-1.570. Revenue for the quarter came in at $160K versus the consensus estimate of $550K. Ree Automotive Holding’s stock price closed at $4.70. It is down -30.370% in the last 3 months and down -60.210%…
May 30th, Panama – Gate.io, a leading crypto exchange and Web3 innovator, has published its May 2024 Proof of Reserves (PoR) report, transparently demonstrating a reserve-deposit ratio of 115.34% and a total reserve value of $6.49 billion (USD) at the time of completion. This latest report covers over 209 digital assets, an increase of 20…
The 10 Commandments of Trading Divergences Divergences are what traders use when they are trying to spot a trend that is getting weaker. They want to see a trend that is getting weaker because they may believe that this is likely to indicate that there could be a reversal coming. There are ten rules…
Crypto trading has substantially developed, providing investors with diverse strategies to manage the dynamic market. Let’s talk about some popular crypto trading strategies that people use: manual trading and API trading. Each method has its perks, and we’ll explore them here to help traders figure out what works best for their style and goals. Understanding…