The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages.
Cryptocurrency markets have been doing quite well this week, and Metaverse coins are no exception. After Facebook’s rebrand to Meta, it comes as no surprise that we’ve seen an explosion in popularity for crypto Metaverse coins. Some traders seek out high supply coins because they usually have low unit prices. This article lists the top 10 crypto Metaverse coins that have a circulating supply of over 1 trillion, ordered by current supply, lowest to highest.
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market.
Cryptocurrencies have proven to be useful for several reasons over the past few years. The assets started primarily as a means of sending money and value among people regardless of their distance. These same assets have been responsible for a financial revolution unlike any we have seen before, partly thanks to crypto lending.
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point of failure, and corporate-controlled lies,” he stressed.
2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parabolic rally which saw its price gain 565% from Jan. 1 to hit a record high at $4,859 on Nov. 10.