Yugocean BTC

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Power cut of the US bitcoin mining industry

20 Aug 2023 1 minute read 3 comments Yugocean

The machines used in bitcoin mining run on electricity, the very electricity is currently halting mining in the US, and mining industry is moving out. EXPENSIVE ELECTRICITY Electricity is comparatively expensive in the US. The cost of electricity co...

Bitcoin Crash and Market Bloodbath on unconfirmed WSJ news

19 Aug 2023 1 minute read 4 comments Yugocean

     The WSJ published unconfirmed news that Elon Musk's company, SpaceX, has sold all its bitcoins. As soon as this news went viral, the bears attacked the crypto market. BEAR ON BITCOIN      Bitcoin was trading up and down for a few months at a s...

El Salvador Bonds Climb the Global Market

17 Aug 2023 1 minute read 3 comments Yugocean

     El Salvador's USD bonds have gained 70% this year, making them the best performers in emerging markets. Due to this, the bitcoin economy is shining in the economic world. Business Interest in BTC Increased      Economic gains in El Salvador ha...

Better performance of Bitcoin in Q2

7 Aug 2023 1 minute read 2 comments Yugocean

     The market driven by bitcoin continued to fare better in Q2 of 2023 as both trading volume and market capitalization rose, while a were followed by next performance. Increasing Bitcoin Market Cap        BTC's market cap increased by more than...

Bitcoin Beauty and Bear Attack

21 Jul 2023 1 minute read 1 comment Yugocean

The bears have attacked the crypto world again, which has turned the market red again. But it seems that the bulls are also ready, with signs of greenery. Some Frustration with Bitcoin The crypto-king bitcoin price dropped below 30k and was struggl...

Ripple effect on BTC and ETH

16 Jul 2023 1 minute read 1 comment Yugocean

     There has been a big stir in the market after the US court rejected Ripple as a security. But, the effect of Ripple case on bitcoin and ethereum is a different expression. Short-term Effect       Focusing on the price action of bitcoin and eth...

Standard Chartered predicts Bitcoin bull run

11 Jul 2023 1 minute read 2 comments Yugocean

Recently British multinational bank Standard Chartered has announced nice growth on the value of bitcoin which is giving more significance to the bulls. Asia and Africa Effect The UK, US, and EU account for a very small portion of Standard Chartere...

HSBC Joins The History of ETFs

26 Jun 2023 1 minute read 0 comments Yugocean

      The British universal bank HSBC has launched the Bitcoin and Ethereum-based exchange-traded fund (ETF) in Hong Kong. Some analysis are claiming HSBC is first, but it is not the first.   First blockchain-based ETF First Private ETF :- San Die...

El Salvador Raises the bitcoin level with Centro Caribe Sports 2023

25 Jun 2023 1 minute read 2 comments Yugocean

     Recently, the "Centro Caribe Sports" of Central America and the Caribbean countries has started in El Salvador. This has raised the level of bitcoin in the field of sports and in the market through sports. INTERNATIONAL INFLUENCE      Original...

First Bitcoin ETF in the US by Volatility Shares

24 Jun 2023 1 minute read 5 comments Yugocean

     Volatility Shares' 2x Leveraged Bitcoin Strategy ETF (BITX) has been put into effect by the Gary-led SEC, which has taken a hard line on bitcoin-based ETFs. Volatility Shares will now become the first crypto ETF (exchange-traded fund) provider i...