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December 2021

MOST PUBLIC BITCOIN MINERS ARE THRIVING

MOST PUBLIC BITCOIN MINERS ARE THRIVING

Five public miners produced a total of 1,475 bitcoin in November, worth nearly $80 million. The bitcoin mining industry is booming, and public miners are employing all their efforts to increase daily production and refrain from selling. Marathon Digital, Hut 8, Riot Blockchain, Bitfarms, and HIVE produced a combined total of 1,475 BTC in November, […]

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Bitcoin Drops K in an Hour on Spot Market Selling; El Salvador Again Buys The Dip

Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys The Dip

The cryptocurrency is currently trading around $47,960. The price of bitcoin plummeted early Saturday, falling nearly $10,000 in roughly an hour to a temporary low of $42,000 before bouncing up to $45,000. Bitcoin has fallen some $15,000 over the past 24 hours. Ether, the second largest cryptocurrency by market capitalization, fell around $1,100 over the

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‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies

‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies

Jordan Belfort, the former stockbroker whose memoir was made into a film starring Leonardo DiCaprio, has warned about investing in meme cryptocurrencies, like dogecoin (DOGE) and shiba inu (SHIB). Belfort explained that “People are taking advantage of an unregulated market,” emphasizing that “The sooner governments step in the better it is for crypto.” The Wolf

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Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes the metaverse is one of the most “exciting” developments in

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Indian Government Affirms to Regulate Digital Currencies instead of Banning

Indian Government Affirms to Regulate Digital Currencies instead of Banning

Affirming the prior speculations on the concerted efforts of the Indian Parliament and government to regulate the developing world of cryptocurrencies, local news channel NDTV, citing a Cabinet note, has revealed that the proposed cryptocurrency bill has suggested regulation of private cryptocurrency rather than banning it. The news channel drew five key assertions from the cabinet note

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Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case

Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case

ETH/BTC stays near its highest since 2018, but that’s nothing compared to its next move, one trader believes. Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week predicts “crazy” ETH move ETH/BTC 1-month candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC

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Flipkart Co-Founder-Backed Navi Mutual Fund Files for Blockchain Fund in India

Flipkart Co-Founder-Backed Navi Mutual Fund Files for Blockchain Fund in India

The filing comes after Invesco deferred the launch of a similar fund due to the regulatory uncertainty in the country. Navi Mutual Fund, which is backed by Flipkart co-founder Sachin Bansal, summited a draft filing with Indian market regulator Securities and Exchange Board of India (SEBI) to list a blockchain fund. According to the filing, Navi

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THEY HAVEN’T BEEN TEACHING MONETARY HISTORY ACCURATELY

THEY HAVEN’T BEEN TEACHING MONETARY HISTORY ACCURATELY

No, the gold standard did not cause the Great Depression. And yes, a Bitcoin standard is needed today. The below is a direct excerpt of Marty’s Bent Issue #1122: “They haven’t been teaching monetary history accurately.” Sign up for the newsletter here. If you have ever had the displeasure of learning economics while in university or simply

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Chinese crypto ban poses no threat to local industry media, sources say

Chinese crypto ban poses no threat to local industry media, sources say

Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. While some major Chinese cryptocurrency-related publications seem to be shutting down, a number continue to be run by local news agencies that have switched to social media like Twitter. China’s most recent crypto

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Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem

Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem

Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Bank of America’s Metaverse Prediction Bank of America’s strategist, Haim Israel, told the Insider Tuesday that the metaverse is a massive opportunity for blockchain

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