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Bitcoin Mining Saves Oldest Hydro Power Station in the US
The age-old Mechanicville hydro plant built in 1897, became a legendary milestone in the history of sustainable energy after starting Bitcoin mining. The hydro plant was inactive for a while now due to old machinery. Mechanicville hydro plant has decided to partially fuel bitcoin mining to cover its losses and give back to the economy with sustainable crypto generation.
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Bank of America Launches Crypto Research Team
Bank of America has launched a dedicated cryptocurrency research team in a bid to cash on the growing frenzy around the digital asset market. The new crypto research team would be headed by Alkesh Shah and the focus of the research would also include technology tied to the digital asset market.
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Anatoly Yakovenko Explains Why Solana Will Succeed
Solana’s co-founder is confident that the network will see exponential growth over the next few years. Anatoly Yakovenko told Crypto Briefing that Solana does not need to build in Solidity to flourish. He pointed out that the ecosystem has benefited from developer engagement both within and outside the crypto community.
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Crypto.com becomes the UFC’s first official crypto platform partner
UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a long-term partnership yesterday as part of a strategic move for the latter to connect with mainstream consumers. Crypto.com will become UFC’s first-ever global Official Fight Kit Partner, entitling it to place its branding on UFC fight kits as worn by UFC athletes in competition, as well as fight kit apparel worn by the athletes’ “corner”.
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Bitcoin price at risk of $30K retest following bearish triangle breakdown
An overnight crash in the Bitcoin spot market Wednesday brought prices down from $35,077 to $32,250. Bitcoin’s (BTC) price looks poised to retest $30,000 as traders continued to pull back from upside bets on a spell of a bearish technical pattern. Dubbed as a Symmetrical Triangle, the structure forms when an asset fluctuates between two converging trendlines.
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