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Bitcoin (BTC)

The Fed May Help Crypto Through the “Great Pause”

The Fed has been in the news quite a bit as of late. At the end of August, the agency stirred controversy when Jerome Powell gave a five-minute speech talking about more rate hikes. Naturally, crypto fans throughout America got extremely worried about what could happen to their assets, which have been falling in price thanks to ongoing rate hikes from the Fed. The Fed May Wind Up Helping BTC However, some analysts now believe that the Fed could potentially contribute to...

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Bitcoin Price Analysis: BTC’s Back at Consolidation Range, Breakout Soon?

Bitcoin’s price has yet to break out of the consolidation phase, as the price has been trapped in an extensive range between $24K and $18K over the past few months. Currently, the market is testing the significant support level at $18K as the asset aims for a rebound to the upside. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price is still consolidating between the significant bearish trendline and the $18K support. The $18K level is currently...

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Bitcoin Optech – Bulletin #218

Traduction du 218e bulletin d’information hebdomadaire de Bitcoin Optech par @copinmalin. Sep 21, 2022 Cette semaine la newsletter résume une discussion à propos de l’utilisation de SIGHASH_ANYPREVOUT pour reproduire des aspects des chaines dérivées. Sont inclus aussi nos sections habituelles abordant les derniers changements notables apportés aux principaux projets d’infrastructures...

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BTC Bull Michael Saylor Sued Over Tax Dispute

Poor Michael Saylor. As if the man doesn’t have it bad enough. Michael Saylor Has Serious Tax Woes Not long ago, the billionaire investor and CEO was ousted by his own company after more than 30 years in a top executive position following his many bitcoin-related decisions… Decisions that ultimately put the company in heavy loss positions. Saylor was downgraded from CEO to executive chairman. The move would allegedly permit Saylor to focus purely on bitcoin in the...

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Bitcoin Trading Volume Explodes Against British Pound as Currency Weakens

As the British pound rapidly weakens against the U.S. dollar, trading volume for the BTC/GBP pair has been skyrocketing.  Data from Bitfinex and Bitstamp shows that volume was more than 1,100% above its average on Monday.  Brits Turning to Bitcoin? As shared by CoinShares Head of Research James Butterfill, BTC/GBP volume on September 26th soared to over $881 million. By contrast, the average daily volume is only about $70 million over roughly two years. This comes after the...

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Bitcoin Miners Still Use 62% Fossil Fuels: Research

A new study published Tuesday by the Cambridge Center for Alternative Finance (CCAF) shows that almost 62% of Bitcoin’s total energy consumption since January 2022 was generated from fossil fuels. This means renewable sources only amounted to 38% of the total energy consumed by BTC miners this year.  As a Proof-of-Work (PoW) blockchain, processing and validating BTC transactions (mining) requires high computational power and solving mathematical puzzles with powerful...

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The Romanians “closed” Wall Street for the Crypto.ro Academy, the project that puts Romania on the world map of crypto education

Crypto.ro managed to film for 60 minutes in front of the New York Stock Exchange on Wall Street. The Romanian team from Crypto.ro filmed near the famous Bull in front of the New York Stock Exchange, content for the Crypto.ro Academy, a financial education project in the crypto field that will be launched on October 11. The platform, which will be available in Romanian and English, will be accessible anytime, anywhere and will provide detailed information about...

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Al Jalila Foundation Receives $16 Million Crypto Donation

The Al Jalila Foundation – which is a member of the Mohammed bin Rashid Al Maktoum Global Initiatives – has announced that it’s received a crypto donation exceeding $16 million. Not only is this a huge number, but it’s also the first digital currency donation the organization has ever received. The money will go towards supporting the Hamdan Bin Rashid Cancer Charity Hospital. Al Jalila Accepts Major Crypto Donation Dr. Abdul Kareem Al Olama – the CEO of the Al Jalila...

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