Electricity consumption of bitcoin begins to fall

According to data from the Cambridge Bitcoin Electricity Consumption Index (cbeci), the electricity consumption of the cryptocurrency plummeted 60 % from the all-time high reached above 143 terawatt-hours (twh). No such low numbers were observed in terms of electricity consumption for the digital…
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Cryptocurrencies

Gemini buys $ 4 million in carbon offsets

Cameron and Tyler Winklevoss acquired about $ 4 million in carbon offsets in order to correct the CO2 emissions of the bitcoins in their custody. The amount was donated to its partner Climate Vault, in order to prevent the entry of 350,000…
Cryptocurrencies

Cardano (ADA) achieves a new milestone

Cryptocurrency Cardano ADA has had a very hectic three weeks due to more than 50,000 new staking addresses it has registered, surpassing the 662,000 mark to launch a new milestone. This number represents an increase of over 8 % since the…
Cryptocurrencies

UK seizes $ 160 million in cryptocurrency

The police in London, United Kingdom, reported this Friday on the largest cryptocurrency seizure in the history of that country, valued at 160 million dollars. Police forces agents were conducting a money laundering investigation, which…
Cryptocurrencies

Bitcoin would be about to bottom out

The price of bitcoin, according to the company Stack Funds, would be very close to reaching its lowest value and then returning to a bullish version that could be long-term. The analyst Lennard Neo, through a report published this week,…