Author: Kryptonews
Cloud mining is transforming how people earn cryptocurrency by eliminating the need for expensive hardware, complex setups, and high electricity costs. Instead, users can rent mining power from professional data centers located in regions with lower energy expenses. This makes it possible for anyone—no matter where they live—to mine Bitcoin, Dogecoin, or other digital assets with ease.How Cloud Mining WorksCloud mining allows users to rent hashing power from specialized mining companies and earn cryptocurrency rewards. Customers do not own the equipment; instead, they sign a contract with a provider and receive passive income without worrying about hardware, maintenance, or electricity…
Fusaka follows this year’s Pectra upgrade, representing a major step forward in Ethereum’s scaling roadmap by introducing PeerDAS and key improvements that enhance blob throughput, L1 performance, and user experience. This post announces the testnet activation schedule for the first three testnets, beginning with Holesky at slot 5,283,840 (October 1, 2025, 08:48:00 UTC). See the activation table below for the complete Sepolia and Hoodi timeline. Fusaka also introduces Blob Parameter Only (BPO) forks to safely scale blob throughput after PeerDAS activation. These are minimal, config-only upgrades that adjust the blob target/max and fee update fraction. The Fusaka testnet client releases…
A crypto strategist identified what he calls a “historic oversold” signal on Ether’s Relative Strength Index (RSI), which suggests a major bullish rebound may be imminent. However, AvaTrade offers conflicting views and warns that it should be treated as a potential early sign that needs confirmation from broader market momentum. The RSI Signal and Market Debate AvaTrade explained that RSI is a momentum oscillator that measures price speed and changes on a range of 0 to 100. Values above 70 are considered overbought, suggesting that prices may soon drop, while those below 30 are usually seen as oversold, meaning seller…
Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The drop occurred alongside a broad plunge in crypto markets that’s seen ETH, SOL, DOGE also post double-digit percentage declines over the past week and BTC fall 6%.AVAX has struggled to break above a resistance level of $30.28 and found only weak support near $27.65. CoinDesk Analytics data shows trading volume sank to 121,896 tokens in early trading Friday, signaling that institutional selling may be slowing but has not yet reversed.The price slump comes in the…
What really is altcoin season? Altcoin season, often called “altseason,” occurs when a significant portion of altcoins, cryptocurrencies other than Bitcoin, experience rapid price increases that outpace Bitcoin’s performance.This period is characterized by a shift of investor capital from Bitcoin (BTC) into assets such as Ether (ETH), Solana (SOL), Cardano (ADA) and even smaller tokens like Dogecoin (DOGE) or Pudgy Penguins (PENGU).The Altcoin Season Index is frequently used as a benchmark. Per Blockchain Center’s definition, altseason is considered underway when at least 75% of the top 100 altcoins outperform Bitcoin over a 90-day period.Historically, altcoin seasons have delivered outsized returns.…
Key points:Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open.BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event.US PCE inflation offers no relief for crypto bulls.Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation data failed to buoy bulls.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewLiquidity stacks up as Bitcoin price falls furtherData from Cointelegraph Markets Pro and TradingView showed that BTC/USD risked a breakdown below $109,000.Exchange order-book liquidity remained thick on either side of the spot price, providing both upside and downside “magnets” for momentum.On…
Key Takeaways ByteDance will receive 50% of TikTok’s US profits under a Trump-approved deal. ByteDance’s ownership in TikTok US is reduced to below 20%, though it retains significant financial interest through licensing its algorithm. Share this article ByteDance, a China-based tech giant, will receive 50% of TikTok’s US profits under a deal approved by President Trump. The arrangement allows the Chinese company to maintain significant financial interest in the popular short-video app despite divesting majority ownership to American investors.The deal values TikTok’s US operations at approximately $14 billion, with ByteDance’s stake reduced to under 20% while licensing its algorithm to…
Kraken has reportedly raised $500 million at a $15 billion valuation, strengthening its financial position amid growing speculation that the cryptocurrency exchange is preparing for an initial public offering (IPO).The funding was first reported by Fortune, which cited a source close to the negotiations in a profile on co-CEO Arjun Sethi. The source claimed that Kraken closed the round earlier this month.When contacted by Cointelegraph for confirmation, a Kraken representative declined to comment.The raise and valuation are broadly in line with Cointelegraph’s reporting in July, which revealed that Kraken was seeking $500 million at a $15 billion valuation — a…
Avinadav Begin, the grandson of former Israeli Prime Minister Menachem Begin, is an artist, and he’s having his show right now in Tel Aviv at Sheetrit & Wolf Contemporary Art Gallery. At that gallery, he is currently showing his latest creations, works that are neither paintings nor sculptures but something in between. They are made from metal and steel, and are abstract, variously resembling rubble and broken window frames. He called them “openings, apertures” in an interview with the Times of Israel this week. They are reportedly heavy works, weighing up to 220 pounds. Related Articles He emphasized that he…
The best cryptos to mine right now are Bitcoin (BTC), Monero (XMR), Litecoin (LTC), Zcash (ZEC), Ravencoin (RVN), Vertcoin (VTC), Dash (DASH), Ethereum Classic (ETC), Dogecoin (DOGE), and Grin (GRIN). To decide the best cryptocurrencies to mine, we explored power costs, network difficulty, liquidity and exchange support, and project longevity.Although crypto mining can be profitable, it is important to know that there is no assurance of making a profit. This is because mining a crypto successfully and earning rewards in the process depends on various factors, which we will discuss in detail further in this article.In addition to profitability, this…
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