Bitcoin has been plagued by numerous dips that have left the price of the asset at one-month lows. Monday was harsh for the cryptocurrency as the close of the weekend attracted with its low momentum
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Without consensus on its implications, the Evergrande potential default has impacted the traditional market, and Bitcoin. The very first cryptocurrency by market cap began the week with a correction with danger to trend even more
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Bitcoin price has shed 10% in a single day in an increasingly dangerous macro climate. Although the ultra-scarce cryptocurrency is declared to be a hedge versus devastating financial occasions, there is no informing how the
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There have been many studies that have highlighted the carbon footprint and electricity usage problems of Bitcoin transactions. Founder of Digiconomist Alex de Vries and scientist at MIT’s Center for Energy and Environmental Policy Research,
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The world of finance has been forever changed by the rise of cryptocurrency. When Bitcoin first launched in 2009, people were excited about its potential to revolutionize transactions and blockchain technology was seen as a
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Bitcoin, likewise other cryptos, have had a hard seven days. So financiers throughout the crypto have actually naturally watched out for the marketplace and any financial investments at this moment. This has played out in
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Bitcoin price is trading in the mid-$40,000 range, unable to get through $50,000 but still holding strong the higher the recovery goes. The sequence of upper lows continues, probably creating one other base for the
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Because Bitcoin is the first ever cryptocurrency, it often has a cult-like following of investors who won’t touch an altcoin no matter the potential ROI or promise behind the technology. But the current alt season
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On-chain data shows Bitcoin whales haven’t budged despite the recent dips, and are rather continuing to collect more. Whales Continue To Accumulate More Bitcoin As pointed out by a CryptoQuant post, the Bitcoin sum coin
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This year has been marked by numerous lows for bitcoin. The digital possession has actually seen annual lows in the exchange reserves, deal costs, and now, the short-term supply of bitcoin is down. The short-term
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