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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300


Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power...

Bitcoin, Ethereum and Major Altcoins Stuck Below Resistance


nk" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH failed to clear USD 3,550 and it is now trading below USD 3,500. XRP made an attempt to settle above USD 1.12, but failed. ADA is facing resistance near USD 2.50 and USD 2.55.Total market capitalization

Bitcoin, Ethereum and Altcoins Struggle To Recover


s decline below USD 3,350. XRP is trading below the USD 1.12 pivot, but the bulls are protecting the USD 1.00 support. ADA is back above USD 2.25 but it is facing resistance near USD 2.45.Total

Sotheby’s Bored Ape NFT Auction Attracts Nearly USD 20M In Bids


UTC, but the price offered for the Yacht Club collection has already exceeded the initial estimate of between USD 12m and USD 18m. As of September 6, 10:00 A.M. UTC, the current bid is USD 19m, with a total of 44 bids placed to date. For the Kennel Club collection, for which bidders ca

Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan


Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to increase the Chinese company’s total hashrate capacity by an estimated 165 petahashes per second. Bit Mining Buys...

Total Value Locked in DeFi is a 'Deceptively Complicated Metric'


One of the most often used metrics in the decentralized finance (DeFi) industry, total value locked (TVL), is "a deceptively complicated metric hiding under a benign name," according to crypto intelligence firm Coin Metrics. What this metric should be measuring is the total size of...

Number of Cryptocurrency ATM Locations Soars Past 24K Worldwide


The number of cryptocurrency ATMs has surpassed 24,000 globally. Out of 75 countries with crypto ATMs, the U.S. tops the list with the most locations. 24K+ Cryptocurrency ATMs Worldwide The number of cryptocurrency ATMs has exceeded 24,000 globally, according to the crypto ATM tracking website...

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