Day: February 15, 2022

Bitcoin Mining Stocks Lose 50-60% Value Since Crypto Price Peak

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Bitcoin mining stocks have drastically collapsed since November following the effect of the hashrate’s 23% growth and bitcoin’s downtrend on the miner’s rewards. Mining Stocks Sharp Decline Arcane Research data shows that the largest bitcoin mining stocks have collapsed since November after being caught up in the market’s volatility.  The miner giant Marathon Digital Holdings’ (MARA) stock first plummeted on November 9th falling from over $81 to $79, followed by more dramatic drops and little upward movement. MARA is at $28,63 at the time of writing, a 66% drop since…

Coinbase Forced Into Outage Following Super Bowl Ad After More Traffic ‘Than Ever Encountered’

CryptoX – Cryptocurrency Analysis and News Portal This year, for the first time, Super Bowl viewers were shown ads from a number of crypto companies. Along with Coinbase, crypto exchanges FTX and Crypto.com and eToro all appeared during commercial breaks. FTX’s ad featured comedian Larry David while Crypto.com‘s starred National Basketball Association legend LeBron James. Source The post Coinbase Forced Into Outage Following Super Bowl Ad After More Traffic ‘Than Ever Encountered’ appeared first on CryptoX. CryptoX Portal

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Bitcoin Dominance Will Continue To Decline In Favor Of Ethereum, Altcoins, FTX US President

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Bitcoin has maintained dominance over altcoins like Ethereum and others for the longest time. This dominance, although has declined over time, still helps the digital asset maintain its title as the most valuable cryptocurrency in the space. However, in only a matter of years, bitcoin’s dominance on the market has declined by half, and according to FTX US President Brett Harrison, the encroachment is far from over. Bitcoin To Lose More Market Share To Altcoins In a recent interview on CNBC’s Squawk Box, FTX.US president Brett Harrison shares his thoughts…

St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges – Economics Bitcoin News

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Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest rate in March and St. Louis Fed president James Bullard believes the Fed needs to “front-load” rate hikes. St. Louis Fed President on Inflation: ‘People Are Unhappy, Consumer Confidence Is Declining’ Last week, the U.S. Labor Department published its Consumer Price Index (CPI) report which noted inflation…

*THIS* Is Why Bitcoin, Ethereum, Solana, & Crypto Is CRASHING! (Altcoins I Am Buying)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I discuss what I have been buying recently & what caused the crypto crash. 💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:08 – Bitcoin, Ethereum, Solana, & crypto CRASHING!!! 1:09 – My thoughts 2:30 – What caused crypto to dip? 3:36 – 2 possible scenarios going forward 4:21 – I’m numb to this. (Perspective) 4:47…

NYSE files a trademark application for trading NFTs

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The New York Stock Exchange, or NYSE, has filed a trademark application with the United States Patent and Trademark Office, or USPTO, on Feb 10 to register the name “NYSE” for several blockchains and crypto related products and services. The goods specified include virtual reality and augmented reality software, nonfungible tokens, or NFTs, and online marketplaces. According to the application, the financial exchange would be able to provide “downloadable virtual goods” for NFTs and digital collectibles, as well as “authentication of data in the field on NFTs using blockchain technology.” This is…