Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba Suspends New Crypto Mining Operations Citing Possible Increase in Electricity Usage The government of

Crypto News Live Update Dec 1: SBF Says He Was Shocked By What Happened This Month

Crypto News Today Live Updates December and Latest News: (1 December 2022) Former CEO of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF) made his first public appearance since the firm filed for bankruptcy. In the interview, he said that he had a month. While he wasn’t able to do a good job of upholding his The post Crypto News Live Update Dec 1: SBF Says He Was Shocked By What Happened This Month appeared first on CoinGape .

XDC Technical Analysis: 200-Day EMA Breakout Starts Bull Run

The XDC technical analysis shows a bullish reversal momentum teasing the 200-day EMA with a possibility of a jump to the $0.023 mark as the dominance of buyers increases. The XDC Network (XDC) displays a bullish run breaking above the 200-day EMA with an ascending triangle on the daily chart. The token witnessed a drop of 26% in the last month as the last few weeks have been a roller coaster ride for most of the crypto market. After a recent shar...

Bitcoin Price and Ethereum Prediction; Huobi Token Pumps Over 25%

The cryptocurrency market has exhibited a slight recovery, with Bitcoin, the leading cryptocurrency, jumping more than 2.5% to $16,815 after getting rejected at the $17,250 resistance level. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising, reaching $1,286 after violating a symmetrical triangle pattern.... Read More: Bitcoin Price and Ethereum Prediction; Huobi Token Pumps Over 25%

European Commissioner Has Threatened to Shut Down Elon Musk’s Twitter

The post European Commissioner Has Threatened to Shut Down Elon Musk’s Twitter appeared first on Coinpedia Fintech News As regulators crack down on Elon Musk’s efforts to turn the social network into a safe haven of free speech, Musk is facing further criticism from the US and EU over his ownership of Twitter. In a video chat with Musk, Thierry Breton, the EU commissioner for the internal market, warned him that there was …

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