After (BTC) confronted its third consecutive rejection, traders grew to become extra assured in including altcoin positions. For the main cryptocurrency, the trail to $50,000 seems more difficult than beforehand anticipated.
In response to Euronews Subsequent, on March 14, the European Union rejected a proposed rule that might have banned the energy-intensive proof-of-work (PoW) mining algorithm utilized by Bitcoin and different cryptocurrencies. A number of EU parliamentarians have been pushing to ban PoW mining over vitality issues.
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