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Bitcoin-price-analysis:-is-the-current-20%-weekly-drop-a-healthy-correction-or-sub-40k-coming?

Bitcoin Price Analysis: Is The Current 20% Weekly Drop a Healthy Correction or Sub-40K Coming?

Bitcoin is down another 7.5% today as the cryptocurrency slides into the $45,000 region. The total weekly price decrease now exceeded 20%. The good news? Bitcoin was able to recover after hitting as low as $42K earlier today. An overview of May: Last week, bitcoin fell beneath a rising wedge formation after Tesla revealed they…
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Almost-all-major-bitcoin-mining-pools-now-signaling-for-taproot-activation

Almost all major Bitcoin mining pools now signaling for Taproot activation

The largest Bitcoin mining pools are signaling for Taproot but the activation may not reach the 90% critical consensus mark during this current difficulty epoch. 6983 Total views 17 Total shares Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation.The top-10 Bitcoin (BTC) mining pools by hash rate…
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$2.4-billion-liquidated-in-a-day-following-elon-musk-bitcoin-debacle-(market-watch)

$2.4 Billion Liquidated in a Day Following Elon Musk Bitcoin Debacle (Market Watch)

Elon Musk continues to drive volatility in the crypto market as bitcoin fell by $7,000 in a day before it recovered $3,000. Most altcoins are also deep in the red, with ETH dipping below $3,500 and BNB beneath $500. Bitcoin’s 24H Wild Ride It’s safe to say that the primary cryptocurrency has seen better days.…
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Elon-musk-tweets-btc-price-bottom?-5-things-to-watch-in-bitcoin-this-week

Elon Musk tweets BTC price bottom? 5 things to watch in Bitcoin this week

Bitcoin (BTC) is nearing $40,000 this week as “Dogefather” Elon Musk deals out pure pain to hodlers — what’s next?After a traumatic weekend for many crypto investors, Monday is setting the stage for the next chapter in the wild 2021 bull market.Cointlegraph takes a look at five factors which could shape what Bitcoin and altcoins…
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Banking-system-consumes-two-times-more-energy-than-bitcoin:-research

Banking system consumes two times more energy than Bitcoin: research

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. 4140 Total views 21 Total shares Amid the ongoing concerns over Bitcoin's (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin…
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Ethereum-co-founder-vitalik-buterin-burns-$6.7-billion-in-shiba-inu-(shib)-tokens

Ethereum Co-Founder Vitalik Buterin Burns $6.7 Billion in Shiba Inu (SHIB) Tokens

Vitalik Buterin, who was gifted half of Shiba Inu’s total supply, has burned 90% of his holdings worth nearly $7 billion. The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the “dog token community” for its generosity. Buterin Burns $6.7B in Shiba Inu The Dogecoin rise to…
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Elon-musk-clarifies-tesla-hasn’t-sold-any-bitcoin:-btc-spikes-$2500

Elon Musk Clarifies Tesla Hasn’t Sold Any Bitcoin: BTC Spikes $2500

After several controversial Twitter comments on bitcoin and Tesla, the electric vehicle giant’s CEO clarified that the firm still holds all of its coins. As a result, the price of the asset saw a sudden increase of over $2,000. Elon Musk continues with his Twitter conversations regarding his perception of bitcoin. In the latest one,…
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Fomo-lab-partners-with-pvlace-of-808-mafia-and-gunboi-to-drop-‘for-the-culture’-collection

Fomo Lab Partners with PVLACE of 808 MAFIA and Gunboi to drop ‘For the Culture’ Collection

[PRESS RELEASE – Please Read Disclaimer] London, United Kingdom, 17th May 2021 – Fomo Lab partners with PVLACE of 808 MAFIA and GUNBOI to drop their “FOR THE CULTURE” collection on Fomo Lab’s own NFT platform, The Avenue. This collection will contain 387 intrinsically rare collectibles of music in the form of “mystery boxes”, by…
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