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Bitcoin
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first…
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Bitcoin Miners Show Strong Accumulation As Their Inventories Spike Up
On-chain data shows Bitcoin miner reserve has showed a sharp spike recently, suggesting that miners are currently loading up on the crypto.
Bitcoin Miner Reserve Shoots Up; Trend Of Accumulation From Last Year Continues
As pointed out…
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Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional…
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IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability
Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries…
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First Cryptocurrency ATM Reportedly Installed in Uruguay
The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to…
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North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of…
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a…
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JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach $60K or More This Year
Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year at $60K or higher.
What…
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What’s In Store For MicroStrategy Going Forward? CEO Michael Saylor Reveals
MicroStrategy has been topping its bitcoin holdings in the last year and is now the public company with the largest bitcoin holdings in the world. Presently, the firm holds over 124K BTC on its balance sheet, worth over $5 billion,…
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Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. “I think more people are feeling more confident with…
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British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits…
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated.
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