Tag: Doge

The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit

Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Bitcoin Mining Faces ‘Incredibly Difficult’ Market as Power Becomes the Real Currency Bitcoin Liquid Staking Gains Momentum as Lombard Launches BARD Token and...
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Ethereum Whales Strike Again: $456.8M Bought Across 9 Addresses

Ethereum has entered a volatile phase after breaking its 2021 all-time highs last week, sparking both excitement and caution across the market. After the surge, ETH retraced and tested critical demand levels, where buyers stepped in to defend support. Bulls are showing resilience, with analysts pointing to the possibility...
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SoFi Switches On Bitcoin’s Lightning—What It Means For Crypto ETFs

SoFi Technologies Inc (NASDAQ:SOFI) is making waves in fintech. Despite a recent dip, Wall Street is divided on its outlook after a series of bold moves. JPMorgan and Citigroup raised price targets, with Citi reiterating a Buy following SoFi’s strong Q2: record revenue of $655.8 million (+26% YoY) and...
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SOL Price Poised for Breakout After 36-Day Consolidation: Analyst

A closely watched crypto analyst has identified an important technical pattern forming on Solana’s chart, suggesting the digital asset is on the cusp of a major upward move. After more than a month of consolidation, SOL appears ready to shatter a key resistance level, potentially kicking off a new...
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