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Gold prices are ending the year a hair below the values recorded 12 months ago. Statistics on Dec. 26, 2021, show the U.S. dollar value per ounce of gold was $1,810 per unit, and today gold is $1,797 per ounce. Silver, on the other hand, managed to increase a hair
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The cryptocurrency’s adoption has been boosted by easy financial conditions, the bank said, with some investors more willing to “explore low liquidity, high risk/return options like bitcoin.” With tighter financial conditions expected moving forward, speculative interest in bitcoin is likely to decline. Original Source
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Place/Date: - December 5th, 2022 at 2:25 pm UTC · 3 min read Source: Dogeliens Photo: DogeliensThere was a time when meme coins were the hottest thing in the crypto market, and Dogecoin (DOGE) users were on top of the world. Meme
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The currency of the blockchain-powered online payment platform, XRP, has gained almost 60% in the past week. After briefly dipping to $0.34
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Ethereum Classic (ETC) has been outperforming its arch-rival Ethereum's native token Ether (ETH) during the current crypto market rebound with the ETC/ETH pairs at 10-month highs.Why is ETC beating ETH?ETC's price has risen to $27 on July 22, amounting to a 100% gain in nine days after bottoming out at
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Ethereum has been popular for its performance over the course of its lifetime. But even more impressive has been the way that the cryptocurrency has been performing against top rival Bitcoin. The latter which is the pioneer cryptocurrency has itself given investors massive returns. So the fact that Ethereum has
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Bitcoin’s utility as an inflation hedge has been a big push for the adoption of the cryptocurrency by investors. Ethereum on the other hand is fast-rising to become the preferred crypto for hedging against inflation for investors. The digital asset’s performance over the past couple of years has proven that
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Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies.The price of BTC climbed by about 290% year-over-year, wherein it surged from $10,695 to a little over $42,000. In comparison, shares of Marathon Digital Holdings (MARA), one of the largest North
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US jobs improve in July as unemployment rate dips to 5.4% from 5.9% as a result of job increases. Average earnings per hour also rise. The US reported that jobs rose by 943,000 for the month of July, surpassing the 845,000 estimates set by Dow Jones. This recent
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Investors see Bitcoin as a potential inflation hedge as trillions of dollars were pushed into financial institutions by central banks across the globe in an attempt to restore a coronavirus-affected economy.According to reports, the Wall Street firm Goldman Sachs took back its 2018 launched cryptocurrency trading desk and gave it
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