The state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in the country due to the struggle to generate enough power amid drought conditions. The extreme heat has caused hydropower plants to generate 95% of the country’s power, and the EDL aims to supply […]
Bitcoin BTC starts a new week still struggling with $26,000 as August becomes its worst month of 2023. Despite holding $26,000 into the close, BTC/USD immediately went downhill thereafter, wicking to $25,880 before consolidating slightly higher. The outlook looks similarly uncertain — September is traditionally a poorly-performing month for Bitcoin, and with the August monthly […]
OnlyFans, a subscription service for adult content, recently revealed that it had invested a portion of its working capital into Ethereum (ETH). As of November 30, 2022, the company had purchased $19,889 million worth of ETH, which recorded an impairment loss of $8,455 million, leaving a carrying amount of $11,434 million.The company’s revenues exceeded $1 […]
Indian Prime Minister Narendra Modi has called for a global collaboration on formulating crypto regulations during the Group of 20 (G20) summit. India, which currently holds the G20 Presidency, has taken up the task of advocating for a comprehensive global framework for regulating cryptocurrencies. During an interview with a local daily, Modi talked about the […]
OnlyFans, the adult content giant, has made a daring shift into Ethereum, investing $19.889 million into the digital currency. Despite an impairment loss of $8.455 million, the platform still holds a carrying amount of $11.434 million. This move reflects a broader trend of global businesses investing in Ethereum, which currently trades at $1,643.71 and has […]
This week promises to be a transformative one for the Bitcoin and crypto landscape. The SEC is set to announce its decision on the Bitcoin spot ETF filings by six heavyweight companies, with Bitwise getting its verdict on September 1 and the others on September 2. Investors are also awaiting the outcome of the Grayscale […]
Pomerdoge (POMD) is a high-end investment opportunity that is currently in its presale stage. The token is selling at a price of only $0.009 and offers investors a revenue share from the Pomergame platform, the gaming platform of Pomerdoge. Additionally, 7,777 unique NFTs will be available for presale investors who buy the POMD token.Meanwhile, Floki […]
No Bs Crypto recently reviewed a selection of new cryptocurrencies with high return on investment potential for buyers. Among the promising selections, Wall Street Memes (WSM), Launchpad XYZ, and Sonik Coin stood out as noteworthy choices with potential for growth in 2023. Wall Street Memes (WSM) is an Ethereum NFT collection that debuted on OpenSea […]
Spurdo, a recently launched memecoin, has experienced a remarkable price surge, reaching a market capitalization of approximately $2.9 million. Despite lacking substantial information, a roadmap, or a clear purpose, the project has managed to attract a sizable audience. This has led to speculation that a bull market might be on the horizon.The project has seen […]
Shares.Finance is a project that seeks to revolutionize the concept of ownership and value sharing. It combines blockchain technology with everyday functions to create unique “shares” that can be bought and sold by influencers and businesses, similar to traditional stocks. These shares can even bring rewards, like discounts. The project has recently gained traction, with […]
