Cryptocurrency Analysis and News Portal
This episode is sponsored by NYDIG.Download this episodeNew statistics show a 6.2% rise in the consumer price index (CPI) year over year for October. On today’s episode, NLW breaks down the news, discussing:How the 2020 inflation debate set up the current bitcoin bull runThe debate around “transitory” inflation in 2021How the
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Bitcoin (BTC) held $65,000 during Nov. 8 as major gains seemed unfazed by Tesla (TSLA) stock losing 5% at the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin beats Tesla by market capData from Cointelegraph Markets Pro and TradingView showed BTC/USD down around $900 at $65,500 after hitting highs of
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The number of addresses that acquired the cryptocurrency within 20% of the all-time high price climbed six-fold to a record 116,560 in the eight days to Nov. 2, amounting to 12% of the total count of non-zero addresses, according to data provided by blockchain analytics firm IntoTheBlock. Original Source
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The Ethereum network has seen its first consecutive week of negative supply issuance as bubbling markets drive persistently high transaction fees.With the highly anticipated London upgrade introducing a burn mechanism into Ethereum’s fee market in early August, a small quantity of Ether (ETH) has since been destroyed with every transaction
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The United States territory of Puerto Rico is seeing a resurgence of interest among crypto investors attracted by the fact it doesn’t charge federal income tax and eligible investors can pay zero taxes on their crypto gains.Under local law Act 22, those who live in Puerto Rico for at least
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Cardano and Solana have led the charge of altcoins in the recent round of inflows into the crypto market. Altcoins saw increased inflows alongside bitcoin, which had seen increasing interest from investors after the first bitcoin ETF had been approved and began trading last week. Last week recorded the highest
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BusinessThe analyst raised the miner’s 12-month price target to $82 from $78 and 2022 earnings estimates, citing its expansion plans.By Aoyon AshrafOct 26, 2021 at 5:18 p.m. UTCUpdated Oct 26, 2021 at 5:18 p.m. UTCGreenidge mining center (Caleb Parker) Original Source
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A new data report shows there were about 55,000 blockchain-relate patents applications filed by 7,800 companies from 47 countries and regions during the period between the beginning of 2015 to June 2021, and China has seen the largest share of these applications, as the country has been boosting the development
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Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin officially hits new all-time high above
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