The fight against an unsustainable crypto mine at Greenidge Generation on the banks of Seneca Lake in Yates County, New York is picking up. This ongoing debate highlights important issues regarding environmental justice and the long-term viability of cryptocurrency mining. At KnowingCoin.com, we focus on what really matters. We lay...
The Greenidge Generation crypto mining facility as seen on July 22, 2021, in Dresden, Yates County, New York. It continues to be at the focus of today’s hot debate. Unfortunately, this facility is currently powered by fracked natural gas. It has drawn fierce criticism for its huge carbon emissions and...
Ethereum (ETH) is at an extremely important crossroads, trading under $2,500 with major resistance. Ethereum has had a tough time breaking above this critical psychological level, even with a recent $269m inflow into Ethereum investment products. This article discusses the implications of this flood. It further analyzes how it might...
The battle over the environmental effects of cryptocurrency mining is getting hot. Currently, in New York State, ambitious climate goals are running up against the energy-intensive needs of crypto operations. Greenidge Generation, a gas-fired power plant that has recently pivoted to primarily focus on Bitcoin mining, sits in the middle...
We all know losing cryptocurrency is an emotional gut punch. The flipside of that freedom is that crypto’s decentralized, self-custodied nature often makes mistakes permanent—and expensive. Be it a lost password, a phishing attack, or just a bad DevOps day, that sinking feeling is all too familiar. Luckily, the increasing...
The financial landscape is rapidly changing, and the cryptocurrency marketplace is leading the charge into the future. The world’s first US staked cryptocurrency exchange-traded fund (ETF) is set to launch shortly. This landmark decision has the potential to redefine the landscape of how investors interact with digital assets. This ETF,...
Ethereum, the second largest cryptocurrency by market capitalization, is making all the right moves. Or perhaps it is finally ready to bust out after months of choppy consolidation. With quick declines like this, analysts are searching for any early indicators. From institutional investments to network activity to upgrades on the...
REX Financial and Osprey Funds are set to introduce the first staked Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs) in the United States. Such a historic and inventive step would completely reshape this industry! According to LeeChiaJian, this development has the potential to greatly expand access to crypto investments...
ETH is the second-largest cryptocurrency by market capitalization. While it has been in a downward consolidation for the last four years, analyst Merlijn The Trader thinks this bear market is about ready to be broken. In contrast with Anthony’s bullish forecast for Ethereum, Merlijn expects a major Ethereum rally, possibly...
The cryptocurrency and digital asset world is characterized by dynamic innovation, fierce competition and rapid change. Of a wide variety of digital assets, Bitcoin and XRP have emerged as two of the most recognizable and widely debated cryptocurrencies. Bitcoin, now popularly referred to as “digital gold,” more or less opened...
Brazil has recently become a leading force on the global stage of cryptocurrency. It is consistently ranked as one of the top ten crypto markets between South Korea and the United States. With nearly a fifth of its population invested in digital currencies, Brazil is actively exploring new avenues for...
Binance's rapid ascent in the Ethereum liquid staking market, now commanding 20% through wBETH, isn't just another data point. It's a seismic shift demanding our immediate attention. This isn’t an exercise in congratulating one actor for their new market share. This is to help illuminate the potential consequences to the...
Should we worry that Binance is taking over Ethereum staking? Or perhaps it’s a sign that cryptocurrency is maturing and finally becoming more accessible to the masses. I’m not so sure that’s a dystopian future of centralized control. In reality, it might be the other way around. If nothing else,...
Binance Staked ETH (wBETH) has shaken up the dominance on the Ethereum liquid staking market. In fact, it currently enjoys a whopping 20% of the overall market share. Much of this growth is due to Binance’s large distribution network and easy-to-use platform. The Ethereum liquid staking ecosystem today has more...
Okay, let's talk Bitcoin. Everyone's buzzing about that $120,000 target. Standard Chartered's throwing numbers around, MicroStrategy keeps buying… it's enough to make you think we're all about to be swimming in crypto riches. But hold on a second before you take out a second mortgage on your home to ape...
Let's be honest. When you think “meme coin,” you might envision a flash-in-the-pan pump and dump. One intriguing idea for a moment, but by no means something you would gamble your retirement on. I get it. What if I told you there’s a meme coin that’s actually trying to build...
Bitcoin (BTC) is on the move again towards $120,000, aided by a steady influx of institutional investment, positive macroeconomic trends, and robust technicals. At present, BTC holds a 63.38% market dominance, highlighting its continued stronghold over the cryptocurrency industry.Standard Chartered has recently begun spot BTC and ETH trading for its...
Cryptocurrency users experience challenges like none others when it comes to protecting their crypto fortunes. It’s time for cryptocurrency holders to assume responsibility for their asset protection. This is a marked shift from legacy financial systems, where institutions take on that responsibility. With this responsibility comes significant challenges. The intricacies...