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February saw a noticeable shift between inflation and U.S. Federal Reserve news, followed by news of a conflict in Eastern Europe that completely overshadowed the earlier concerns of economic health. What’s transpiring in Ukraine is causing an immediate marketwide price drop. Bitcoin (BTC) had a notable decline of 11% over
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While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the
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“The prospect of geopolitical escalation has been the main driver of price moves in the broader risk asset spectrum for the past couple of weeks,” said Anto Paroian, chief operating officer at crypto investment fund ARK36, in an email to CryptoX. “Now that the war between Russia and Ukraine has
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Cuando este artículo fue publicado, bitcoin había caído 9% en las últimas 24 horas, tocando mínimos semanales de $34.725 en las primeras operaciones asiáticas. Otras criptomonedas importantes también se habían desplomado: ether, 13%; SOL, de Solana, 15%: y ADA, de Cardano, 18%. Original Source
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The world woke up to a “sea of red” which was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday.The traditional financial markets along with the crypto markets were sliding bearish for the past week and saw a rapid decline early on Thursday. Apart
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Global markets faltered as Russia ordered a military operation into Ukraine’s Donbas region, causing a drastic drop in crypto markets. Original Source
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Nothing has shaped modern human life on this planet more than electricity. It powers our homes, our appliances, our heating and cooling systems, our electronics, our computers, our phones and the internet. It powers industry, science, research, hospitals, agriculture, manufacturing, construction, and public transportation. Electricity is so essential that we
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Citing the recent slide that has seen over $1 trillion shed from the crypto market, Krugman wrote, "Who is being hurt by this crash, and what might it do to the economy? Well, I’m seeing uncomfortable parallels with the subprime crisis of the 2000s." Original Source
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As the government of Kazakhstan claims the country’s power services are stabilizing, thus the Bitcoin hashrate could be on its way to recovery. However, is the situation stable enough for Bitcoin mining yet? Will it ever be? A Recap Just a few days after the Bitcoin hashrate reached an All-Time High, thus
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This episode is sponsored by Nexo, Abra and FTX US.Download the episodeOn today’s episode of “The Breakdown,” NLW provides a basic primer on the escalating political crisis in Kazakhstan. He covers:The country’s basic economic overview and modern political history.The fuel price increase that started protests on Sunday.How protests spread throughout
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