Short Calls Fail to Shake Bitcoin Miners Who Push Difficulty to New All-Time High
Currently, Bitcoin traders are overall net long. But talk of a second wave has memories of March’s flash
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Fail
Why DeFi, in its current state, is destined to fail
Decentralized finance, in a nutshell, promises transparency and offers beneficial terms for borrowers. DeFi platforms are supposed to build an alternative financial system for offering/receiving loans, exchanging currencies, making payments, etc. There are no banks, brokers or trusted third parties, governments are not involved, and finally, notorious middlemen are eliminated.
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Fed ‘Hyper Activism’ Is Setting Up the Stock Market to Fail: €2T Strategy Chief
A major global asset manager warns the stock market is in trouble. He says the Fed’s zero rates until 2022 will fuel a risk assets bubble. The Federal Reserve is getting hyperactive in subtler ways as well. The Federal Reserve won’t stop goosing the engine with 0% interest rates. Not until the economy
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Summer Game Fest Delivers Indie, AAA Showcase after 2020 E3 Fail
The Summer Game Fest has announced two developer showcase events on June 22 and July 20. The events will feature a selection of news, gameplay, and updates from indie as well as AAA developers and publishers. Despite E3’s cancellation, alternative events are already carving out a stacked schedule
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Ethereum Defies Gravity But Here Is Why It Could Fail Again
Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.Ethereum gained traction and it broke the $130 ad $132 resistance levels against the US Dollar.The price is
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Bitcoin Recovering After a Sharp Decline: Here’s Why Bulls Could Fail
Bitcoin declined sharply below the $6,200 support against the US Dollar. BTC price found support near $5,850 and it is currently recovering towards a couple of key hurdles.Bitcoin is correcting higher from the $5,846 swing low against the US Dollar.The price is showing positive signs above the $6,000 level, but
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Here’s Why Bitcoin’s 15% Rally Could Fail Near The Key $6,500 Barrier
Bitcoin is up more than 15% and it broke the $6,000 resistance against the US Dollar. However, BTC price is now facing a huge barrier near the $6,400 and $6,500 levels.Bitcoin managed to rise above the $5,800 and $6,000 resistance levels against the US Dollar.The price is up more than
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Ethereum Recovery Won’t Be Easy Above $212 As Bulls Fail To Fight Back
Ethereum is currently consolidating losses above the $190 zone against the US Dollar. ETH price is facing many hurdles on the upside such as $208, $212, and the 100 hourly SMA.Ethereum is not showing any major bullish signs above the $200 level against the US Dollar.The price is likely to
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Bitcoin Bullish Reversal Held Off As Bulls Fail To Defeat $9k Resistance
Bitcoin is slowly gaining bullish momentum above $8,800 against the US Dollar. BTC price must settle above the $9,000 barrier to start a convincing rally towards $9,500.Bitcoin is showing positive signs above the $8,800 resistance area against the US Dollar.The price remains well supported on dips near the $8,840 and
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Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media outlet, The Telegraph.According to de Vries, a single Bitcoin transaction expends the same quantity of electricity needed to power a British household
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