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  • 20 September, 2024

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Explained News

EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism

The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote

Explained News

EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism

The European Union voted against a proposal to ban cryptocurrencies and blockchain technology, in an effort to protect Europe’s status as one of the world’s

Analysis

EURUSD Price May Experience a Bullish Reversal at $1.07 Support Level

The Euro is currently trading at the $1.12 level, but a strong move lower may be in store for EURUSD as support levels are tested.

Analysis

SCA Comes Into Effect As Online Retailers Warned Of Lost Sales

The Dutch government has released a statement warning that the implementation of its controversial sales tax, or SCA as it is called, will cause serious

Analysis

Curve Announces Expansion Of Its Operations To The US

The company announced plans to expand its operations in the US, using the move as an opportunity for further expansion into Europe. The addition of

Analysis

Visa Looking For College Grads For Crypto Development

The company is looking for developers with knowledge of blockchain and cryptocurrency to work on Visa’s new “Visa B2B Connect” platform. The project will make

Explained News

Can Tezos Replace Bitcoin? Best Monero Mining Pools For 2022

In a recent email exchange, Bitcoin developer Peter Todd said that Tezos is “far better” than bitcoin. The cryptocurrency has gained traction in the past

Analysis

SOL/USD Range-bounds; Price May Hit $75 Low

The price of SOL/USD has been in a range-bound pattern for the past two months, with an opening high of $100 and an opening low

Analysis

USDCHF Price Breaks Up $0.93 Resistance Level Targeting $0.94

The US Dollar crosses above the 0.93 level, signaling that a new uptrend may unfold in this pair moving forward. High volume has been seen

Analysis

More Than 100 Illegal Mining Farms Shut In Kazakhstan

A crackdown on illegal cryptocurrency mining has seen over 100 illegal operations shut down in Kazakhstan. The country’s electricity grid is being threatened by this