Hedera Turns off Services After 'Network Irregularities'
The network’s native token, Hedera (HBAR), fell 7% to roughly $.055 on news of the irregularities. Source
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EOS price turns bullish following EVM launch
EOS blockchain recently announced plans to incentivize its developer community in anticipation of the launch of the Ethereum Virtual Machine (EVM), scheduled for next month. The price of EOS has increased by nearly 8% in the past week. EOS to give $50,000 in incentives ahead of EVM launch The EOS blockchain, launched
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Crypto Funding Turns from CeFi to DeFi Following Major Collapses
According to the report, the numbers prove that Decentralized Finance is the new high-development and growth area for the crypto space. The report also suggested that a dip in Centralized funding projects was seen because of a possible saturation in the sector. Virtual asset investment companies have invested more than $2.7
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IoT project turns smartphones into blockchain nodes to broaden connectivity
Smartphones could become an integral part of blockchain networks, powering connectivity between smart devices in the Internet of Things (IoT) industry.Nodle is the firm behind a connectivity platform that incentivizes users to become nodes of an IoT network. Making use of the increasing proliferation of smartphones worldwide, the network uses
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South Korea’s Kimchi premium turns to discount
South Korea’s "Kimchi premium" has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges.The phenomenon is named after the Korean dish kimchi. The Kimchi premium refers to when the price of Bitcoin (BTC) trades higher on South Korean exchanges than
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Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
"Wages have decelerated in all meaningful forward-looking gauges, while housing is printing at extremes relative to reality in the CPI, meaning that we see a larger downside risk/reward in core relative to headline," Larsen noted, while forecasting positive contributions from energy component, prices for goods, including used cars, and fatigue
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SOL, ADA Plunge, as Market Momentum Turns Bearish – Market Updates Bitcoin News
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today. Solana (SOL) Solana (SOL) prices
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Ether Turns Deflationary Again Led by Spike in NFT Sales
Ether’s inflation rate also depends on a separate mechanism known as the Ethereum Improvement Proposal (EIP)-1559, where fees paid for transactions on the network are “burned,” or eliminated from circulation. The EIP-1559 is tied to the amount of ether burned with network usage: The more transactions on the blockchain, the
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Ethereum Hits Monthly High And Turns Deflationary Again
The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price. This comes after several contributory factors play
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Tesla turns tables on Bitcoin as 2023 gains outpace BTC price comeback
Bitcoin (BTC) may be up 16% so far in 2023, but one stock it outperformed last year is now getting its revenge.Data from Cointelegraph Markets Pro and TradingView shows that for all its newfound strength, Bitcoin is still playing catch-up.Tesla up almost 25% from January lowTesla was in the headlines
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