Author: e_cash_top
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How Solana is fixing outages, and the challenges it will tackle in 2023
[ad_1] For Solana (SOL), 2022 has been an especially tumultuous year. With revelations of the now defunct crypto exchange FTX’s insolvency in early November, SOL price cratered 55% during the month. As of press time, SOL was trading at $11.15, down 70% from its November peak of $37.73. Solana last traded at this level in…
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Gold bug Schiff fires back at Cuban over ‘dumb as f*ck’ comment
[ad_1] Euro Pacific Capital CEO Peter Schiff fired back at Mark Cuban in response to the entrepreneur’s previous comments on gold, saying he does not understand precious metal investing. Previously, Cuban had called gold investors “dumb as f*ck.” Cuban says he will buy more Bitcoin if the price drops During a Club Random Podcast posted…
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BTC bear market is worse than in 2014 but better than in 2018
[ad_1] Recent data indicate that the current bear market has fared better than in 2018 but worse than in 2014 in terms of ROI. The price of bitcoin, which started the year at $50,700, has declined by more than 66% to $16,847.51 at press time, according to CoinMarketCap. BTC Year to Date ROI / Source:…
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ProtonMail creator unsure whether his firm will continue to hold Bitcoin
[ad_1] Proton CEO and co-founder Andy Yen said that he is unsure whether his company will continue to hold Bitcoin during a Forbes interview published on Dec. 27. The company, which offers the encrypted email app ProtonMail and various other services, has held Bitcoin for at least five years. After years of limited integration, Proton…
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“Running Bitcoin” half marathon will commemorate Hal Finney
[ad_1] Fran Finney, the widow of early Bitcoin contributor Hal Finney, announced a charity half marathon in honor of her husband via Twitter on Dec. 27. The event is called “Running Bitcoin.” It aims to collect funds for research into treatment for ALS, or amyotrophic lateral sclerosis. Hal Finney was diagnosed with the disease in…
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US to investigate $372 million stolen in FTX exploit post bankruptcy
[ad_1] Hours after defunct crypto exchange FTX and hedge fund Alameda Research filed for bankruptcy on Nov. 11, large amounts of funds were moved out of the exchange. Both firms were owned by Sam Bankmand-Fried (SBF), facing multiple counts of fraud until the bankruptcy filing. More than a month later, the US Department of Justice…
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Research: The Antminer profitability crisis
[ad_1] Bitcoin’s fall from its all-time high to a low of $15,700 has been one of the most dominating narratives this year. Bitcoin lost 75% of its value since Nov. 10, 2020, and over 65% since the beginning of the year. However, a much more remarkable story than Bitcoin’s volatility is the divergence between its…
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Bitcoin volatility index hits historic all-time low
[ad_1] BTC volatility index The chart above represents the BTC volatility index since February 2017. The metric fell to the level of 20.00 towards the end of 2022 and kept falling to see its lowest in BTC history at 11.46. Before 2022, the all-time low for this metric was recorded around just above 20.00 during…
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Argo blockchain to suspend trading on NASDAQ for 24 hours
[ad_1] Bitcoin mining firm Argo blockchain has requested to suspend the trading of its US shares on NASDAQ, effective Dec. 27. The troubled mining firm said in a Dec. 27 press release, that the move to suspend trading of its shares, is related to an announcement due on Dec. 28. As a result, Argo has…
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Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch
[ad_1] Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive adoption higher, Bloomberg News reported. The E-Naira was launched in October 2021 and has been live for 14 months as of December but the adoption rate remains low. Current numbers indicate that only…