We all know that cryptocurrency is extremely volatile. The recent pump and dump of Sahara AI (SAHARA) emphasizes this reality. SAHARA enjoyed a widely followed and celebrated listing on the world’s biggest exchanges, including Binance, Upbit, OKX, and Bybit. Soon after its release, the price crashed fast. This article explores...
So, SAHARA AI, you are the golden ticket – a Binance listing. Cue the confetti, right? Except the confetti was produced out of decreasing crypto prices. Down 32%? Ouch. Anyone still think decentralized AI is the magic unicorn that's going to sprinkle fairy dust on the crypto world and make...
SAHARA AI price dropped recently by 32% and this has investors and traders particularly worried and afraid in the crytomarket. Its price fell from $0.141 to $0.096 immediately following the announcement of its Binance listing. We're not talking about pocket change here. We're talking about potentially $100 million in value...
…that the Bitcoin hashrate was on a wild ride. It dropped down to 660 EH/s, only to leap back up 30% over 1000 EH/s, sending the crypto community into a furor. Some cheered the network’s increased resilience and richer miners. What I can’t shake is the troubling signs I see...
Bitcoin's hashrate, a key indicator of the network's security and mining activity, has seen some dramatic swings recently. Geopolitical events, environmental issues, technological changes, and potential errors in reporting contribute to the volatility. Together, their engagement forms a daunting terrain that can lead to discouragement. To navigate this reality, or...
Bitcoin mining—the process that keeps the Bitcoin network running—has gone from massively profitable to barely profitable. LeeChiaJian, a keen observer of the crypto landscape, investigates the recent dramatic drop in Bitcoin miner revenue and explores the long-term sustainability of mining operations under the current conditions. This example analysis provides significant...
Okay, let's be real. The news that Bitcoin miners' daily revenue plummeted to $34 million – the lowest it's been in a year – sounds pretty grim. Falling transaction fees, Bitcoin price dips… it all creates a picture of doom and gloom. What if I told you this isn't an...
Okay, let's talk Bitcoin. You probably saw the headlines: hashrate plunges, price spikes, miners freaking out. What if I told you that this rollercoaster isn’t indicative of an unhealthy or unstable movement, but rather the opposite – a sign of strength. This recent miner surge isn't just a blip –...
$34 million a day. That’s the cold hard truth that Bitcoin miners are dealing with at this moment. A year low. Headlines are screaming, and rightfully so. So let’s not pull a chicken little and declare Bitcoin dead just yet. Enough with the fluffy creativity, it’s time to get real.Miner...
The world of cryptocurrency is ever-changing, offering new opportunities and opening up the market for investors looking for high-growth potential. Over the last two years, Initial Coin Offerings (ICOs) have become the favored fundraising mechanism for blockchain projects. They provide early adopters with an unprecedented opportunity to get in on...
Okay, let's talk Ethereum. You're seeing red, right? The price dipped below $2,400. Everyone's panicking. What if I told you this is precisely what you’ve been looking for to get started. This is not a crash, this is a fire sale. Think of it like this: Black Friday for crypto,...