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Given those factors, just the modestly good news for bitcoin sent the sector's shares exploding higher. Marathon Digital (MARA) has gained 79% this week, Hut 8 Mining (HUT) added 49% and Bit Digital rose 41%. As for Riot, it's ahead just 27% this week, perhaps punishment for giving up "blockchain"
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Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high. Avalanche (AVAX) Avalanche
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Ripple is gaining pace above the $0.350 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.3720 resistance zone. Ripple is currently rising above the $0.35 resistance zone against the US dollar. The price is now trading above $0.350 and the 100 simple moving average (4-hours). There
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With most of the miners having begun the year priced as if they will follow peers Core Scientific (CORZ) and Argo Blockchain (ARBK) into either bankruptcy protection or some other form of restructuring, bitcoin's modest advance is having a big effect on Monday. Marathon is higher by 24% and the
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Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy. New
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Ethereum's Shanghai upgrade is set to de-risk ether staking by allowing ETH withdrawals. That's likely to pave the way for widespread adoption of liquid staking solutions. Source
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The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its crown when it comes to online search interest.According to data from Nasdaq and Ycharts shared on Reddit on Jan. 2, Ethereum had 338% more total transaction volume
Read MoreThe previous week has been tremendous for Bitcoin (BTC) investors as price broke the crucial barrier of $12,000, culminating in a surge from $11,300 to $13,300, a rally of $2,000 within a week. A new yearly high was printed, while the dollar has been showing weakness as well. Next to
Read MoreCryptox Markets: Paul Tudor Jones. Did his investment into Bitcoin spark a new bull cycle?Max Keiser: First, we need to go back to the Genesis Block and understand that everything that has happened and will ever happen with Bitcoin came into existence at that instant and the world and our species were
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