TRON price analysis: TRX/USD focused on $0.40 as major trend reversal underway
TRX/USD could be priced at $0.40 soon if bulls sustain momentum above its multi-year high price of $0.37. TRON’s partnership with Band Protocol is partly responsible for the TRX/USD pair trading higher over the past 24 hours. After jumping nearly 20% on Tuesday...
Fees Bonanza: Ethereum Miners Pocket a Record $113 Million From Fees in August
Ethereum miners are making a killing from transaction fees. In August alone, the miners raked in a total of $113 million in profit, up more than 3,660% from the $3 million earned in April, according to the latest data from Glassnode. This is the highest ether miners...
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments,...
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu...Interesting 13
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