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Another Member of Russian Crypto Pyramid Finiko Arrested in UAE


Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced...

XRP Price Prediction as XRP Pumps 4% – How High Can it Go?


XRP, the cryptocurrency that underpins Ripple’s global blockchain-based payments system, was last trading lower by just over 1.0% on Friday, having pulled back from weekly highs in the $0.3950 area to trade around the $0.3900 level. That still leaves the cryptocurrency higher by about 4.2% versus...

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage


The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is likely to be adopted this year. Russian Energy...

Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High


Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77% as of writing. On the other hand, avalanche was trading lower, as prices retreated from a recent...

Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022


On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners...

Cardano Price Forecast – Can ADA Reach an All Time High in 2023?


Stronger-than-expected US ISM Service PMI data that points to a resilient US economy midway through the third quarter and, alongside last Friday’s stronger-than-expected US labor market figures, keeps pressure on the US Federal Reserve to continue with its policy of aggressive rate hikes into 2023...

Biggest Movers: LTC Climbs to Highest Level Since May


Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu was also a notable gainer on Monday. Litecoin (LTC)...

Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday


Bitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high. Today’s move comes as prices rose for a second straight day, with momentum now firmly bullish. Ethereum was also in the green to start the week, with the coin hovering near...

Reddit Collectible Avatars minting breaks all-time daily high


Reddit, the front page of the internet, recently uniquely made waves. The platform witnessed a record-breaking minting of its Collectible Avatars on December 3. Users minted over 255,000 avatars daily, making it the highest-ever mints for Reddit in one day. The platform had only experienced such...

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware


Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....

Warzone 2.0: The DMZ AI Difficulty Is Too Damn High


As far as I’m concerned, Call of Duty’s new DMZ mode isn’t just CoD’s best game type, it’s one of the best shooter game modes I’ve played in years. It’s the familiar rush of a good shooter with great, roaming tactics that demand smart and reactive planning. But recent adjustments to the AI in this...

Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day


Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest nonfarm payrolls report. The global crypto market cap is down 0.57% as of writing, as prices consolidated following the data being released. Uniswap was also higher, despite...

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