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Ethereum successfully completed its long-awaited transition to proof-of-stake via "the Merge" on Sept. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event. Ethereum funding rate plummeEther's futures funding rates across leading derivatives platforms dropped below zero—to their worst levels to date—before the Merge. The rate
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This episode is sponsored by Nexo, Abra and FTX US.Download this episodeOn this week’s “Long Reads Sunday,” NLW pulls out some of the most interesting data from innovation investor ARK’s latest report.See also: Cathie Wood on Why Central Banks Will Add Bitcoin to Their Balance Sheets“The Breakdown” is written, produced
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The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these actions have been taken to reduce costs and to push payment and operation digitalization in the sector. The highest number of ATMs was registered in
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This episode is sponsored by NYDIG.Download this episodeToday’s episode digs through two excellent end-of-year reports from Messari and The Block to curate a set of numbers and statistics that tell the story of the markets in 2021. These numbers include growth in on-chain metrics, hashrate and other types of adoption.See also: US Claims Bitcoin Mining
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The stock markets and Bitcoin’s price performance might be hitting a bumpier road after the next Consumer Price Index release. During the year the Fed has been clear about an upcoming tapering, and now that new –and higher– CPI metrics are expected, the taper is likely to fasten its pace
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The governor of the Reserve Bank of India (RBI) believes that the number of Indians reported to be investing in crypto could be “exaggerated.”Shaktikanta Das said he is “not so sure about the numbers which being quoted,” in an interview, which was part of financial newspaper Business Standard’s BFSI Insight
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Infura, a blockchain development tool from ConsenSys, now has over 350,000 users for its service to connect to Ethereum and build decentralized apps (dapps).The product has seen the number grow from 100,000 less than a year ago, an increase of 250%, Consensys announced Tuesday.Infura allows developers to connect to the
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How long does a layer 2 remain a layer 2?A new report released on Wednesday from blockchain development platform Alchemy shows that the number of apps on self-described Ethereum layer 2 Polygon is growing at a rapid rate, and that the ecosystem is increasingly becoming independent from projects on the
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Coinbase (COIN) shares rose 6% Thursday after reports that the crypto exchange’s new non-fungible token (NFT) marketplace has a waiting list of more than one million people who signed up on the first day it was announced earlier this week.As of Thursday morning, the waiting list was at 1.35 million,
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This episode is sponsored by NYDIG.Download this episodeNLW looks at the current state of crypto markets through numbers, including:Bitcoin illiquid supplyLightning Network capacityEvergrande’s debtThe total value of CryptoPunksAnd moreSee also: Twitter Adding Bitcoin Tipping Feature, Pushes Further Into NFTs“The Breakdown” is written, produced by and features NLW, with editing by
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