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But BTC’s sideways trading pattern didn’t last long. Today, we’ll show how bitcoin was able to break out of its two month-long price range of around $30,000 as El Salvador, the tiny Central American country that previously had used the U.S. dollar as the country’s primary currency, came to the
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The distribution of the token was to nearly 650,000 Ethereum users who had fulfilled certain on-chain parameters, including having spent over $1,559 in gas fees. So far, some 26,000 users have claimed the token, which had a peak market capitalization in excess of $50 million earlier today. Original Source
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Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, was named top mining stock pick heading into 2022 by DA Davidson. The Wall Street investment bank believes that Marathon’s shares have compelling upside after a recent sell off. Original Source
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“The future of retail, hospitality, business and events will be a consistent experience in the real world and across all online platforms,” said Simon Koster, CEO of DCG Real Estate. “Your business card will list your physical address and your metaverse address, bringing a similar ethos to both. The metaverse
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Gem Mining, a bitcoin mining company started recently by former U.S. Marine and 2018 candidate for South Carolina governor John Warren, reached hashrate capacity of 1.25 exahashes per second (EH/s) with 13,118 mining machines.The company is currently producing 6.5 bitcoins a day and has fully funded purchase orders for another
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“The metaverse is an important part of the evolution of real estate and the built environment,” Jamestown President Michael Phillips said in a press release. “Whereas physical real estate is largely limited to people with geographic proximity, the metaverse can give people around the world meaningful access to places through
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Thetan Arena, a new video game fueled by cryptocurrency, claims to have quickly amassed over twice as many users as Axie Infinity, the digital-asset darling that leapt to a dominant market position earlier this year in the “play-to-earn” sector.Some analysts are pointing to Thetan Arena as the “next Axie,” but
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This episode is sponsored by NYDIG.Download this episodeOn this episode of “The Breakdown’s” “End of Year Extravaganza,” NLW is joined by Katherine Wu. Katherine invests in early-stage crypto companies with Coinbase Ventures.Find our guest on Twitter: @katherineykwuSee also: Market Wrap Year-End Review: Institutions Cash Out of Bitcoin“The Breakdown” is written,
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“At the beginning, we have to prove that we are indeed, you know, stable, that we can make it happen, and so we’re gonna start on the conservative side. But then as the demand for the stablecoin increases, we’re going to shift towards a more and more algorithmic one,” Di
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With 2021 winding down and 2022 hopefully being the year of the Merge, I wanted to do a deeper dive into five of the top things to expect with Ethereum’s impending transition to proof-of-stake. The Merge itself will not be as initially glamorous as many market participants and outsiders may
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