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” Elon Musk: US ‘past peak inflation’ after Tesla sells 90% of Bitcoin “ Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked. Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only…
” Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July “ Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of market volatility. The Alberta-based company generated 330 Bitcoin in July at an average production…
” Bitcoin price: weekend volatility ‘expected’ with $22K level to hold “ Bitcoin (BTC) rose above $23,000 again into Aug. 6 as new analysis predicted a potential surge of 20% or more. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily chart gives trader $30,000 target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing…
” Proof-of-work: The Bitcoin artists on minting NFTs and OpenSea “ “Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s even inspired by memes. Bitcoin has become a “lifestyle,”…
” 2 metrics signal the $1.1T crypto market cap resistance will hold “ Cryptocurrencies have failed to break the $1.1 trillion market capitalization resistance, which has been holding strong for the past 54 days. The two leading coins held back the market as Bitcoin (BTC) lost 2.5% and Ether (ETH) retraced 1% over the past…
” Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX “ The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation remains high and the U.S. Federal Reserve may continue…
“‘Never take advice from Jim Cramer!’ CNBC host dragged over Coinbase tip” Jim Cramer was the target of ire on social media on Friday after crypto trader Coinbase’s stock shot up just a week after the CNBC finance guru warned of an SEC probe into the company. On July 26, Cramer tweeted: “The Coinbase roll…
” Antminer S19 XP dropped in a bid to swing crypto miners back into profit “ With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark. But a mining expert explained there may…
” Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate “ Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Collapsing real wages” poke fun at payroll print Data from Cointelegraph Markets…
” Binance Card users now have access to XRP, SHIB and AVAX “ Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX). The Binance Card allows its holders to “convert and spend…