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Bitcoin heading to 36K, analysis says amid warning global stocks ‘look expensive’

Bitcoin (BTC) headed lower into the weekly close on March 6 with geopolitical tensions and associated macro weakness firmly in focus.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCould 2022 bring a "Greater Depression"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its lowest levels in over a week Sunday after volatility

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Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact – Bitcoin News

Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm

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Profitability makes crypto mining more expensive in Argentina

China’s crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some to Argentina. However, the country’s government has now applied new rates for crypto miners in the province of Tierra del Fuego.Argentina’s Energy Secretary of the Ministry of Economy published

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Blockchain tech 13X ‘too expensive’ to justify use: DocuSign CEO

Daniel Springer, the chief executive officers at electronic signature technology company DocuSign, says the firm isn’t likely to incorporate additional blockchain technology anytime soon as current infrastructure is far cheaper.In a Quartz report published yesterday, Springer said the San Francisco-based DocuSign’s 2018 integration of the Ethereum blockchain involved the use

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BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds

Every day, around mid-morning New York time, the average fee bitcoin users worldwide pay to send the cryptocurrency spikes for up to an hour, then returns to normal. A respected researcher thinks he’s found the reason: BitMEX.If the crypto derivatives exchange used more efficient technologies when broadcasting transactions, users could

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