Day: October 14, 2022

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Uniswap Soars 14% In Last 24 Hours

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Due to the increased valuation of Uniswap to $1.66 billion, UNI has gained 14.2 percent in the past day. Hayden Adams, Uniswap’s founder, has announced an important upgrade to the decentralized exchange on the company’s official blog. As of this writing, UNI is trading at $6.28, down 8.6 percent in the last seven days, data from Coingecko show, Friday. Polychain Capital’s most recent funding round is largely responsible for the increase in valuation. Existing investors such as Paradigm, Variant, SV Angel, and a16z crypto also took part in the Series…

Bitcoin Price Bounces After CPI Dump

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In this episode of NewsBTC’s daily technical analysis videos, we are looking at the Bitcoin price bounce today after a steep selloff following the release of CPI numbers for September. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 13, 2022 At 8:30AM ET this morning, updated Consumer Price Index figures were released to the public, prompting a sharp to-the-minute selloff in Bitcoin and the stock market. Within a couple of hours later, all intraday losses were recaptured in a swift move. Consumer prices rose 0.4% in…

To HODL or have kids? The IVF Bitcoin Babies paid for with BTC profits

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Hold Bitcoin till the very end or sell a little bit to start a family? For one Bitcoiner in Northwest London, it was a no-brainer. Noodle, (a nickname) a Brit who first heard about Bitcoin around 2012, took profits on his Bitcoin buys to pay for in vitro fertilization (IVF) treatment for his wife. He told Cointelegraph he has “no regrets,” about his decision to start a family using fiat-denominated profits from buying, holding, a then selling Bitcoin. Welcoming Noodle Jr II to this crazy world. After a tough 6…

Turn Cointelegraph articles into NFTs — Early access for 500 readers

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Turning Cointelegraph articles into digital collectibles to preserve the crypto industry’s most memorable moments is now becoming a reality. The Cointelegraph Historical collection will allow every article ever published by the largest crypto media outlet to become mintable into nonfungible tokens (NFTs). With the help of readers, Cointelegraph seeks to create the first decentralized catalog of news that will cement the evolution of crypto onto the blockchain. The waitlist is now open, but only the first 500 readers will be able to participate in the early access that will commence at the…

ETH, BTC Surge, as US Inflation Uncertainty Fades – Bitcoin News

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Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%. Despite this, traders seem to have breathed a sigh of relief, as the uncertainty surrounding the report has now passed. Bitcoin moved closer to $20,000 on the news. Bitcoin Bitcoin (BTC) moved towards the $20,000 level on Friday, as uncertainty in crypto markets eased, following the latest U.S. inflation report. Despite consumer prices rising by more than expected, markets…

Quant Holds Gains When Top Cryptos Plummet Following BTC

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Despite being a lesser-known cryptocurrency, Quant has held gains while top coins, including Bitcoin, have fallen in value. The price of Quant had fallen along with the rest of the crypto market at the start of the year. However, it has slowly experienced growth since then, trading at $157 at press time. This is over 248% gain from its yearly low of $44.42 on June 17. Quant’s weekly and three-month charts have also been in the green. Its weekly chart shows that the coin has been on an uptrend for…

UK Finance Minister Kwarteng Fired

Hunt currently chairs the House of Commons’ healthcare committee. He has previously served as minister responsible for health, and culture – of which the latter portfolio included responsibility for digital policy. In 2019, while standing in the leadership contest to replace Theresa May – which Johnson eventually won – he said he was a “tech entrepreneur” who wanted to make the U.K. the next Silicon Valley-style innovation hub. Source

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