Bitcoin, the first and most well-known of cryptocurrencies, has changed world finance forever, but its concerns about environmental impact are quickly gaining attention. LeeChiaJian, a keen observer of the crypto world, explores the hidden environmental consequences of Bitcoin mining, offering a balanced perspective and actionable insights.The Alarming Energy Consumption of...
The Bitcoin network, often lauded for its unbreakable security and decentralized characteristics, recently went through one of these changes. Meanwhile, the Bitcoin Hashrate — a measure of the network’s processing power — has plunged in half. This drop comes after a new all-time high (ATH), set just earlier this month....
The promise of your taxable event numbered is very seductive in crypto world. These cloud mining platforms that promise instant profits by mining XRP, DOGE, and BTC have become extremely popular. It’s really important to engage with these platforms with a healthy level of skepticism and some due diligence. Tran...
We know that the world of cryptocurrency sometimes feels like an intimidating blackbox of technical gobbledygook and get-rich-quick schemes. For a person who’s new to this world, it can seem a bit daunting at first glance. With some basic understanding and a careful mindset, you can start to learn your...
That landscape is now experiencing a seismic shift. In short, miners are reacting to increasing competition and regulatory squeeze by expanding their business activities. To address the sustained growth of energy consumption, they are intentionally focusing on high-growth industries like artificial intelligence (AI) and cloud computing. This pivot is not...
The crypto community is abuzz about Kaanch, a pioneering project currently taking the industry by storm with its presale that’s breaking all records. The big exchanges have determined the initial listing price to be at $30. The ongoing presale price of $0.64 presents an excitingly profitable prospect for those willing...
As the digital gold rush of Bitcoin mining continues to expand, it finds itself at greater odds with the realities of small-town life. From Pennsylvania to Alaska, communities in every corner of the United States are standing up against destructive, large-scale mining operations. A small town in Georgia has taken...
The world of cryptocurrency is one where daring decisions are lauded. Green Minerals recently generated headlines when it announced plans to invest $1.2 billion in Bitcoin! This article looks at the risks and rewards of this approach. First, it considers the various aspects of market volatility and regulatory uncertainty along...
Cryptocurrency is the future, and there are countless opportunities, but along with these opportunities come risks, with phishing being one of the most common. Last week, Trezor, the largest provider of cryptocurrency hardware wallets, put out a security warning. They recently alerted their users to an advanced phishing campaign that...
Lastly, with Pakistan’s fintech sector booming, digital assets’ role is growing in importance. Learning how to choose a crypto wallet is an important step for anyone wanting to join this new financial revolution. by LeeChiaJian, crypto writer and passionate crypto enthusiast An ultimate guide for Pakistani users to find the...
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...