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solana hack

Solana’s SOL Token Gains Despite Hack

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Early on Wednesday, Solana’s SOL token managed to hold on to a crucial support level despite a multi-million dollar platform attack that caused some investors to express annoyance by suggesting they could consider shorting the coin. The breach on cryptocurrency platform Solana that emptied thousands of user wallets (more than 8,000 as of writing time) wasn’t the consequence of a significant system malfunction. It was probably brought...

$SOL, Altcoins, Cryptocurrencies, dApps, Front page, News, Wallets

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ethereum

The Merge might boost demand for Ethereum, probably surpassing Bitcoin

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According to a Bloomberg piece titled “Booms, Busts, and Bitcoin,” The Merge will be accompanied by a sequence of events that will alter the view of ETH as an investment asset, with the potential to become an institutional-grade asset on a global scale. In this respect, they note that the alteration of the consensus method will be the determining factor. Ethereum has exceeded Bitcoin in a number of key adoption indicators that are...

Cryptocurrencies, DeFi, ETH2, Ethereum, Front page

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Crypto Market – Aug 4, 2022

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Today’s worldwide cryptocurrency market valuation is $1.11 trillion, a decrease of 1.58 percent in the previous 24 hours and a decrease of 34.54 percent over the last year. Currently, Bitcoin (BTC) has a market capitalization of $437 billion, a 39.41% share of the whole cryptocurrency market. At $153 billion, Stablecoins have a 13.79 percent stake in the overall cryptocurrency market capital. Market Cap: $2,475,113,954,825.1924h...

$AVAX, $SOL, Bitcoin, Cryptocurrencies, Ethereum, Polkadot

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coinbase

Coinbase rises strongly by offering staking 

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Coinbase Global (COIN 7.22 percent) jumped as much as 11 percent and was trading 10.6 percent higher. Tuesday saw the crypto market turn bullish as investors returned to riskier assets. On Monday after the market closed and on Tuesday morning, earnings were very favorable, and this is propelling risky assets higher today. Coinbase Prime subscribers, who are often institutional investors, now have the opportunity to stake their coins. This...

Coinbase, Cryptocurrencies, Exchanges, Front page, News

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M2 - crypto

Cryptocurrency M2 Money Supply

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It may seem paradoxical that the movement of cash and the price of bitcoin (BTC-USD) are related, but historical evidence tends to indicate that the circulation of money throughout the U.S. economy acts as a signal for the future direction of the price of Bitcoin (BTC-USD). The M2 money supply in the United States is a wide measure of cash and time deposits held by the general people. It comprises M1 money, which consists of actual cash and...

Bitcoin, Cryptocurrencies, Featured

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