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Bitcoin mining company Marathon Digital has linked its recent slump in the total amount of Bitcoin's (BTC) mined in June to the weather conditions in Texas and a drop in transaction fees.According to a July 5 statement, Marathon Digital experienced a “21%" decline in June for the total amount of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CryptoQuant bitcoin research indicates an 80% decline in the number of addresses logging inflows over a span of 612 days. This marks the largest decline ever recorded in the history of bitcoin. The analysis, which considers
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Lending protocol Aave DAO has already been recommended to “freeze” millions worth of CRV tokens. Original Source
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Commonwealth Bank (CBA), the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers. The move comes amid two major global exchanges facing a lawsuit from the United States securities regulator and is just a few weeks after
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The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polygon (MATIC) saw significant growth in 2021 but has since experienced a decline in transactions, raising concerns about its future. Examining the current state of Polygon Polygon, an Ethereum blockchain scaling solution that aims to enhance the network’s
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There are various choices accessible to PacWest Bancorp that could assist the business overcome the present shares devaluation. PacWest Bancorp (NASDAQ: PACW), a regional bank based in California, is seeing its shares plummet by 23%, days after reporting a 9.5% drop in deposits for the week ending May 4, 2023. Notably, the
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The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against the dollar,
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The growth of artificial intelligence technology is expected to increase the overall demand for fast-processing electronics. Foxconn Technology Co Ltd (Taiwan: 2354), one of the largest global employers in the electronics manufacturing industry and a major supplier to Apple Inc (NASDAQ: AAPL) announced a sales decline of 11.77 percent in April,
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Centralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital assets cool off from a hot first quarter. According to blockchain data provider Kaiko, trading volumes on centralized exchanges have fallen back following three consecutive months of gains.April’s volumes were
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