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UAE’s second largest telecom provider Du launches Bitcoin cloud mining service

UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” Summary Users can rent computational power via an online auction (Nov 3–9), receiving 250 TH/s for 24 months, with earnings automatically credited to their wallets. The launch at Burj Khalifa marks the first time…

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Chainlink price risks sharp drop to $11 as symmetrical triangle support gives way

Chainlink price is testing a critical support level as bearish technical signals emerge, raising the risk of a breakdown toward the $11 zone. Summary Chainlink price has wicked below its ascending trendline support within a symmetrical triangle, hinting at potential downside if price closes below $16.50. The BBWP volatility indicator has crossed above its moving…

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Why is crypto market down today?

Crypto markets tanked on Monday, Nov. 3, after a wave of liquidations wiped out nearly $400 million in leveraged positions. Summary The total crypto market cap fell over 3%  to $3.69 trillion $334.7 million in long liquidations led the market downturn. The Crypto Fear and Greed index still remains in the fear zone. Global market…

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