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Ethereum Classic’s Hashrate Taps Another All-Time High Following Ethereum’s Hardened Merge Timeline

August 25, 2022

On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network’s second record high in five days, as Ethereum Classic captured 38.37 terahash per second (TH/s) on August 20, 2022. Ethereum Classic Hashrate…
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Biggest Movers: SHIB Bounces From Key Price Floor, Climbing to 1-Week High

August 25, 2022

Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in the green, climbing for a fifth consecutive session. Shiba…
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Crypto Derivatives Industry ‘Expects’ Severe Regulation, Bitcoin’s Price to Return to USD 65K – Report

August 25, 2022

More than half of global crypto derivatives industry representatives say they expect to see a more severe approach by the world’s regulatory agencies as a result of the recent decreases in the prices of cryptoassets – but a decisive majority of the surveyed experts argue that bitcoin (BTC) will again reach the level above USD…
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US Sullivan Bank Partners with Bakkt to Enable BTC, ETH Support, SCB Scraps Bitkub Acquisition Plans, LiquidX Takes 70% Stake in Anime Metaverse + More News

August 25, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: US Sullivan Bank Partners with Bakkt to Enable BTC, ETH Support, SCB Scraps Bitkub Acquisition Plans, LiquidX Takes 70% Stake in Anime Metaverse + More News  Read more »Sign up for…
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Ukraine Celebrates Independence Day: BTC 600 & ETH 10K Donated; Russia-Connected Wallet Blocked

August 25, 2022

As Russia entered the sixth month of its brutal war against Ukraine, Ukrainians celebrated their Independence Day on August 24. So far, nearly BTC 600 and ETH 10,190 have been donated to Ukraine, and the country blocked a digital asset account supporting the invasion.  The world’s cryptocurrency industry continues to support Ukraine in its combat…
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Bitcoin and Ethereum Struggle To Gain Momentum, DOGE and SHIB Rally

August 25, 2022

Bitcoin price started a minor recovery wave above the USD 21,500 level. BTC was able to clear the USD 21,650 resistance zone. It even spiked towards USD 21,900 and is currently (11:20 UTC) struggling to continue higher. Similarly, most major altcoins are facing hurdles. ETH climbed above the USD 1,680 and tested the USD 1,720…
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Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

August 25, 2022

Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term. American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression. The firm’s founder and CEO Brian Armstrong delved into…
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Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

August 25, 2022

One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC). Atlanta-based Bitcoin Depot has reached…
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Bitcoin advocate floats BTC as a solution to US student loan problems

August 25, 2022

Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years. Following United States President Joe Biden’s announcement of a student loan forgiveness plan that aims to cancel the debt of up to $20,000 for millions of Americans, a Bitcoin (BTC) supporter proposed an alternative method…
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Bitcoin sits at range high as realized price sparks BTC ‘macro signal’

August 25, 2022

Interesting signals are being printed by several more chart indicators this week, all of which have proven to be bear market bottom markers. Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Realized price inspires confidence Data from…
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