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The Dow Jones Industrial Average surged by as much as 260 points Wednesday.The first U.S. presidential debate Tuesday night highlighted the risk of a contested election in November, as President Trump reiterated his opposition to vote-by-mail.Private-sector employers added 749,000 workers to payrolls in September, according to ADP data.The Dow and
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The Dow Jones rallied 200 points on Friday.Boeing led the way in the Dow 30, as the tech sector also continues to rally.Investors are now looking ahead to the first presidential debate next week.The Dow Jones rose on Friday, as investors turned their attention to the first presidential debate between
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This Best of The Breakdown August 2020 edition features commentary from Hugh Hendry, Preston Pysh and Adam Tooze. August has come to a close. In this recap and “best of” episode, NLW looks at the big themes that defined the month. Most notable was the discussion of inflation culminating in the
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Ethereum has seen a decentralized finance craze over recent weeks.Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This isSimultaneously, DeFi-related tokens like Compound’s COMP and
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A great debate is taking place across the cryptocurrency community, arguing over if decentralized finance (DeFi) will have a similarly bullish impact on Ethereum price when the next bull market begins.And while it is difficult to argue that such astronomical gains will happen yet again in the altcoin, the alternative
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Ethereum (ETH) miners are currently voting to expand the block gas limit from 10,000,000 to 12,500,000 gas, according to a recent tweet from Bitfly, the parent company of Ethermine pool.What is gas and the gas limit?Gas is a unit that measures the amount of computational effort required to send a
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[sociallocker id="55298"] The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely 16 hours after BTC surged to $10,473, testing the dreaded $10,500 resistance level.Bitcoin typically sees a heightened level of volatility when
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The question of whether enterprises should use public or private blockchains for business has become extremely relevant today. A recent report from Fortune Business Insights predicted that the blockchain market will reach $21 billion by 2025, highlighting the fact that large companies are adding momentum to the market through new
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During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of
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In today’s crypto market discussion, CryptoX is joined by crypto analyst Naeem Aslam, and the CEO of Tokenmetrics Ian Balina to discuss the impact of the coronavirus on the cryptocurrency markets. Will the economic impacts of the coronavirus leave people flocking to cryptocurrencies as a safe haven?Naeem Aslam is skeptical
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