Month: August 2022

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Ethereum Price Faces Sell Off, How Far Is The Correction Going To Go?

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Ethereum price registered a fresh decline on its chart over the last 24 hours. The altcoin declined by 7% over the past day. In the last week, ETH fell by 9% and started to trade below the support level of $1,520. The broader market weakness could be blamed for most major altcoin’s southward movement on their respective charts. Ethereum price was trying to hold itself above its immediate resistance, the altcoin met with a significant sell-off. Technical outlook for the coin also pointed towards bearish strength. Buyers exited the market…

SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk – Featured Bitcoin News

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Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned Twitter about the number of spam accounts. Court Orders Twitter to Give Additional Data to Elon Musk Chancellor Kathaleen St. J. McCormick, a judge on the Delaware Court of Chancery, signed an order Thursday requiring Twitter Inc. (NYSE: TWTR) to provide…

Ethereum Price Plummets 9% As Fed Chair Passes Hawkish Remarks

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The crypto community has witnessed another price plunge after the just concluded Federal Reserve annual meeting. Many investors already anticipated a new turn in asset prices after Jerome Powell spoke on the approach to combat inflation. But from the turn of events, Powell tipped the scale against investors’ expectations. As a result, many cryptocurrencies and equities have already started a downward price trend. Ethereum (ETH) and many other cryptocurrencies have lost some August 25 price gains. After the meeting, ETH’s price tanked 9% and stood at $1555. But the bears…

FAILED AT KEY RESISTANCE WHAT'S NEXT? – BTC PRICE PREDICTION – SHOULD I BUY BTC – BITCOIN ANALYSIS!

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E Rama Krishna About Cryptocurrency Investment | Cryptocurrency For Beginners In Telugu | Sumantv

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Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota – Mining Bitcoin News

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This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters Purchase Agreement on August 15, Groundbreaking Planned for Q3 2022 Another mining company is reporting expansion updates as Applied Digital (formerly Applied Blockchain) has revealed it has entered a purchase agreement on August 15. The deal will add a second…

Bitcoin Mining Comes to the Arctic Circle

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Siberian city of Norilsk is best known as the home of mining giant MMC Norilsk Nickel PJSC. With a population of 180,000, it’s one of the biggest human settlements beyond the Polar Circle and only reachable by plane or boat. The city may soon be famous for a different type of mining though — it now hosts the Arctic’s first crypto farm for producing new Bitcoins. BitCluster, the facility’s Russian owner, is already planning an expansion after starting operations late last…