BitUP Token News

Gas prices soaring Arbitrum, the Layer 2 network for the Ethereum cryptocurrency, was locally offline due to a network failure between 22:29 and 23:57 Japan time. The Arbitrum One sequencer is up and running after a temporary outage starting at...

Macro factors contributed to the bearishness in the crypto markets, with rampant inflation continuing and the Federal Reserve’s hike in interest rates to control rising prices. But could the suffering see the light at the end of the tunnel for...

Ripple [XRP] appeared to defy all the odds considering the alt’s price movements and trading patterns since the beginning of October. On one hand, XRP registered gains and on the flipside Ripple continues to be embroiled in the never ending lawsuit...

Lately, Curve Finance [CRV] has found it challenging to offer its participants more rewards in liquidity incentives. The on-chain liquidity project, which once supplied rewards at a value of $3.7 million in January 2022, is now struggling, according...

Bitcoin [BTC], the largest cryptocurrency rose past its fears as it traded above the $21k mark. Needless to say, the surge injected a much-needed relief to BTC holders be it traders or long-term investors. However, could the king coin sustain the...

Bitcoin mining operations’ censure over its ESG concerns never ceases to exist. To make things worse, the mining industry suffered a major decline in 2022 amid the ongoing cryptocurrency winter. Following this, many big crypto-miners opted to sell...

Ethereum layer 2 blockchain solutions, Arbitrum and Optimism, have both played a huge role in solving ETH’s scalability issues. However, the war between the networks is waging on, one showcasing some interesting insights. Have a look here – The...

The Bored Ape Yacht Club (BAYC) is arguably one of the most influential NFT projects. For nearly a year, it remained second to CryptoPunks in the race for the world’s most successful collection. But as the start of 2022 came and went, the price of...

Bitcoin, the largest cryptocurrency started a fresh increase from the $28,500 support zone against the US Dollar. At press time, the token crossed the $30k mark as it witnessed a 3% surge in the past 24 hours. But there’s a potential for more. BTC...

Mining for Bitcoin is a highly intensive process. It involves heavy computing to verify transactions. The energy demand for mining Bitcoin has grown significantly since 2013. As of 10 December, it reached 130 terawatt-hours per year, according to...