The State of Texas says it wants to devote 25GW of its electricity supply, approx 25% of its peak load, to crypto-coin mining over the coming years.
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submitted by /u/Vita-Malz [link] [comments]
The success of STEPN shows that the move-to-earn model is growing in popularity, but will it be a fading trend or the future of fitness?
More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games.
While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses […]
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions.
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Each claim is worth about 250k in APE for each owner, there's no way they're staying on the sidelines much longer. i'm not saying there isn't money to be made, but i guarantee the real money will be made by owners cashing in their claims. BAYC seems to be searching for use cases for APE,…
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Ukraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war.
Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want.
The interest in cryptocurrencies continues to wane in 2022, as does Litecoin’s popularity. The trading volume of Litecoin was eight times lower in the first quarter of 2022 than it was in the first quarter of 2021. For example, the trading volume from January to March 2022 was around $82 billion, 87% less than in Q1 2021. In the first quarter of 2021, the trading volume was $674.9 billion. Litecoin (LTC) trading volume crashed by more than $590 billion in quarterly comparison. Related Reading | ApeCoin (APE) Is Now The Biggest Metaverse Token, Edging AXS, MANA, SAND The sharp decline in Litecoin’s value results from the negative crypto market sentiment. The price dropped 70% from its highest point, $412, attained back in May 2021. The most popular stablecoin pair for Litecoin’s native LTC was the United State Dollar Tether (USDT) in the first quarter of 2022. Litecoin Month Wise Comparison Of Trading Volume January 2021 was the month of Litecoin, with a trading volume of $284.52 billion. LTC hit a single-day high of $17.99 billion. But in January 2022, LTC trading volume dropped by 89%. The coin’s approximately trading volume was $31.48 billion, with a single-day high of $2.09 billion. Similarly, February 2021 also performed well. The trading volume of Litecoin reached around $257.49 billion, with a single-day high of $16.57 billion. However, in February 2022, the coin performance dropped by 90% compared to Feb 2021. As a result, the single-day high of Feb 2022 was $1.68 billion. Litecoin saw a decline in trading volume in March 2021 compared to January and February 2021. The total trading volume for March was $132.91 billion, with a single-day high of $8.08 billion. LTC trading volume was $24.98 for March 2022 with a single-day high of $1.35 billion, 81% less than March 2021. On January 1, 2022, Litecoin opened at $146.54. On January 2, the coin reached its quarterly high of $152.94. The closing of the first quarter was $123.72. Overall a 15% decrease in Litecoin’s opening and closing price in Q1 2022. Related Reading | Dogecoin Plummets As Investors’ Doubts After Musk Twitter Takeover Unfold For comparison purposes, on January 1, 2021, Litecoin opened at $124.67 per coin. On Feb 20, LTC reached its quarterly high of $245.96. The closing of the first quarter of 2021 was at $197.5. Litecoin performed well during the first quarter with a 58% spike. LTC $100 Support Is Under Attack Litecoin has been trading down for most of the past year. In November, LTC was below $300 after it couldn’t stay above that level. The coin has been testing the $100 level since January. However, the overall sentiment in the crypto market is still bearish. This cryptocurrency has been making lower highs, which is a bad sign, but the $100 support zone is still holding. There was a spike in activity in wallets holding more than $100k a week ago. That didn’t cause the price of Litecoin to go up, though. Instead, it stayed bearish and kept going down. Yesterday, the sellers failed to break below the $100 support level. That was a good sign. But today, the pressure is still bearish, so the digital asset might see a breakout to the downside. Featured image from Pixabay and chart from Tradingview.com