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More pump than dump: 22% UniSwap (UNI) price drop doesn’t faze traders

UniSwap’s UNI governance token soared to $8.60 before correcting sharply but top traders expect the price to rise higher. Earlier today Yearn.finance (YFI) and Ether (ETH) rose sharply after Uniswap’s governance token UNI plunged 22% from $8.00 to $6.80.Cryptocurrency daily market performance snapshot. Source: Coin360UNI, which launched less than 48...

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Abkhazia to lift ban on crypto mining

That may not necessarily be a good thing for the struggling state. The de facto state of Abkhazia threw the towel on its fight against crypto mining, with the president recently announcing measures to lift the nation’s current ban. According to Finanz.ru, Aslan Bzhania stated on Thursday that his government plans...

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Price analysis 9/18: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV

Bitcoin and altcoins are facing selling near key resistance levels, but for now the possibility of a sharp fall remains low. The U.S. Federal Reserve recently hinted that it could keep interest rates near zero at least through 2023. The Bank of England went a step ahead and said that...

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Dash is evolving into a decentralized cloud cryptocurrency

Dash is transitioning into a decentralized cloud cryptocurrency by releasing a platform that supports blockchain-verified user data storage and a decentralized API. Payments-focused cryptocurrency Dash is starting to release insights into its new platform, which enables data to be stored within the network in the form of decentralized cloud service.The...

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Bitcoin whale clusters show $9.8K support is now weaker despite rally

Bitcoin whale clusters at $9,800 have grown in size in the past few days, indicating some whales may be preparing to sell. According to data from Whalemap, an on-chain analysis firm that tracks Bitcoin (BTC) whales, the $9,800 support has weakened.The researchers at Whalemap track whale activities by following addresses...

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Nvidia doesn’t want to give up its 2017 ‘crypto craze’ docs

Nvidia is trying not to hand over internal documents to plaintiffs who allege that the GPU manufacturer misrepresented its financials during the 2017 bull run. The legal representatives of technology company Nvidia have argued that its investors are not entitled to access its internal records about the “crypto craze” of...

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MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’

Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said.In a tweet on Sep. 17, Michael Saylor...

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Consulting: ERC-20 token’s market cap overtakes Ethereum’s

Can the price of ERC-20 tokens grow while Ethereum stagnates? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between...

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Abkhazia government blames illegal crypto mining for energy crisis

It is already illegal to mine crypto within the de facto state. Abkhazia, a de facto state in the South Caucasus, continues to face an energy crisis. The head of the region’s national energy provider recently blamed increased crypto mining activity for the problems.According to Jam News, the government’s year-old...

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Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is

Is Busan a "blockchain city" in name only? A recent report from the Busan Research Institute has revealed a peculiar trend: 62% of firms in the blockchain sandbox city of Busan, South Korea apparently do not know anything about the technology.Since last year, Busan has been considered a "regulation-free" zone...

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