MATIC price recently swept the swing lows of a crucial barrier, kick-starting an upswing. This development comes as the cryptocurrency market recovers from the COVID-induced crash over the past three days.
Earlier on Thursday, Shiba Inu announced via its official Twitter page that the holders of the $SHIB coin have now reached a record-breaking 1 million. And now, only a few hours later, meme crypto Shiba Inu ($SHIB) saw its price surging to $0.000044 today — an 18% increase in the last 24 hours.
Those looking at the metaverse from outside the crypto sector are often horrified by the carbon footprint of NFTs or the energy consumed while using Ethereum. However, Solana’s Energy Use Report for November 2021 puts numbers into perspective and signals a new trend in the crypto sector – the push to be eco-friendly.
Top oil producers Saudi Arabia and Russia are considering pausing their planned efforts to ramp up oil production, according to The Wall Street Journal, after the U.S. and other energy-consuming countries said they would tap their national strategic petroleum reserves in an attempt to bring down gasoline prices.
Summary of Weekly Petroleum Data for the week ending November 12, 2021 U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending November 12, 2021 which was 32,000 barrels per day more than the previous week’s average.
Europe is at risk of power outages this winter due to insufficient gas reserves and over the long-term, oil could rise above $100 a barrel, the chief executive of commodity trading giant Trafigura said on Tuesday
In an effort to help guide regulatory discussions and the development of global frameworks for crypto markets, global blockchain and crypto exchange leader Binance has issued its 10 Fundamental Rights for Crypto Users.