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In a rarity for a music landscape dominated by platforms like Apple Music and Spotify, the artists’ election to circumvent streaming services, and the largely unfavorable revenue sharing that accompanies them, is indicative of how musicians have been willing to experiment with blockchain to disrupt industry standards. Original Source
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The founder of the Tron network, Justin Sun, has bought a Joker-inspired artwork by Bored Ape Yacht Club Tron (BAYCTron), one of the first and most popular NFT collections on his blockchain today. The price tag? A stunning 150,000,000 TRX or $15 million. With this transaction, the artwork BAYCT #6666 takes
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While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change in sentiment as Ethereum (ETH) and other cryptocurrency products pick up steam against falling Bitcoin assets under management (AUM).The Bitcoin AUM market fell 9.5% to $48.7 billion in November, marking
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Bitcoin lightning network has now hit a record high. With the recent bull rally and adoption taking place in the year, the need for the lightning network has grown. This has led to massive growth for the network. Liquidity in the lightning network has hit multiple all-time highs this year
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“Bitcoin may continue to attract inflation hedges, but if pricing pressures trigger rapid rate-hiking action from the Fed, that could trigger a massive wave of risk aversion that would penalize cryptos,” wrote Edward Moya, senior markets analyst for the foreign-exchange broker Oanda. Source
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Canadian crypto miner Hive Blockchain reported record revenue of $52.6 million in its fiscal second quarter, up 305% from the same period last year, according to a statement.The company said the increase in revenue was mainly due to a rise in cryptocurrency prices, the increased production of Bitcoin as a
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The bitcoin miner’s third quarter revenue grew 484% year-over-year, and the company appointed Robert Loughran as its new Chief Financial Officer. Nov 15, 2021 at 3:27 p.m. UTCUpdated Nov 15, 2021 at 3:28 p.m. UTCGreenidge Generation mining facility (Getty Images) Original Source
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The uptick in the lead-up to the airdrop snapshot and the subsequent sell-off is related to the “buy the rumor, sell the fact” trade often observed in stock markets and recently seen in bitcoin. The concept is based on the belief that market participants, being forward-looking, tend to buy an
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At a November 11 press conference, blockchain- based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to the blockchain, with a goal of 76000 by 2022.Most of the recorded immunizations are
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Good morning, Here’s what’s happening this morning:Market moves: Bitcoin soared past $69K before dropping below $65K.Technician’s take: Intraday charts are showing initial signs of upside exhaustion.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $64,626Ether (ETH): $4,613Market movesBitcoin faced a pullback below
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