Aug 27, 2024 | BeingCrypto
The International Monetary Fund (IMF) has released a report titled “Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help,” which proposes a significant increase in electricity taxes for crypto miners and AI data centers. The report...
Aug 27, 2024 | BeingCrypto
The cryptocurrency market experienced a sharp decline this week, following the release of the US Consumer Price Index (CPI) data. Bitcoin, in particular, suffered a “fakeout” after initially reacting positively to the news, only to reverse its gains and...
Aug 27, 2024 | BeingCrypto, Cryptocurrency
The cryptocurrency market is bracing for a potentially volatile day as $1.86 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire. This comes on the heels of the release of the US Consumer Price Index (CPI) data, which showed a lower-than-expected...
Aug 27, 2024 | BeingCrypto, Bitcoin
Bitcoin’s (BTC) imprint unbiased now not too long previously experienced a enthralling uptick, followed by a famous decline in gradual July and early August. However, this plunge doesn’t essentially signal a bearish trend, as investor behavior reveals signs that the...
Aug 2, 2024 | AMBCrypto, Solana
Solana (SOL) has reached a pivotal moment, with its price plummeting 18.2% over the past four days after being rejected at the $190 resistance level. Despite this downturn, metrics suggest a potential bullish reversal may be on the horizon.A Sharp Decline and a...
