Bitcoin Jumps to $21K After Soft US Data, Less Hawkish BoC
The world's largest cryptocurrency reached $21,000 Wednesday following short-liquidations from large exchanges earlier on in the day. Source
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Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High – Mining Bitcoin News
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84 trillion. Bitcoin’s Mining Difficulty
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Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt – Economics Bitcoin News
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price
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BTC energy use jumps 41% in 12 months, increasing regulatory risks
Bitcoin (BTC) has seen a 41% increase in energy consumption Year-on-Year (YoY) despite dramatic improvements in energy efficiency and a more diverse and sustainable energy mix — but there are concerns the rise could see regulators clamp down on mining. The data comes from a Q3 2022 report by the Bitcoin
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Silvergate's Q3 Net Income and Revenue Jumps 73%
The digital asset bank grew its customer base to 1,677 during Q3. Original Source
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Bitcoin Price Jumps 5%, Why Recent Breakout Seems Significant
Bitcoin price traded to a new weekly low before reversing losses against the US Dollar. BTC broke $19,500 and might rise further
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CEL Token Jumps as SBF Said to Eye Celsius in Buying Spree
The native token of Celsius regained momentum just hours after being rocked by the surprise departure of CEO Alex Mashinsky. Source
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Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme
Traders who move the most volume on the exchange, such as market makers, are unlikely to voluntarily choose the 1.2% fees, crypto trader Ogle pointed out in a Twitter post. Binance’s burn scheme “is almost totally useless to LUNC folks, but they don’t realize it,” he told CoinDesk. Original Source
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GameFi fundraising jumps 135% in August, but is still down from June: Report
The GameFi sector remains a leading force in the blockchain and crypto space despite the ongoing downturn in the crypto market. Recent numbers from DappRadar revealed that Web3 games and Metaverse projects raised $748 million in funds last month. This was up 135% from July but is still a decline
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Bitcoin Profitability Jumps As Price Adds $1,500 In 24 Hours
Bitcoin has seen an incredible 24 hours after the price of the digital asset added more than $1,500. This jump in price
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