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Senator Lummis Slams Hillary Clinton, Advocates For Stabilizing US Dollar Using Bitcoin

[ad_1] Cynthia Lummis – Republican Senator for Wyoming – recently fired back at Hillary Clinton for deriding cryptocurrencies. She suggested that Bitcoin offers a hard money solution to the US dollar’s inflation problems. Lummis Tells Clinton to Embrace The Future Lummis’s comments follow the cautionary words of former Secretary of State Hillary Clinton earlier this… Continue reading Senator Lummis Slams Hillary Clinton, Advocates For Stabilizing US Dollar Using Bitcoin

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Analyst predicts Ethereum rally will continue into 2022

[ad_1] ETH/USD hit highs of $4,782 on Monday morning ETFs and institutional adoption key to the continuation of the uptrend Ethereum has broken above $4.700 for the first time ever, setting a new all-time high as the entire crypto market hit a record $3 trillion in market capitalisation. Ether reached $4,782 as shown by data… Continue reading Analyst predicts Ethereum rally will continue into 2022

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Pepperstone exec says ETH party to $5K “soon”

[ad_1] Pepperstone’s Chris Weston says most clients are net-long on Ether Ethereum is primed for $5k and Bitcoin could soon hit $70,000 Bitcoin’s surge above $68,000 and Ethereum’s run to a new all-time high above $4,800 is down to the influx of new money. According to Pepperstone’s head of research Chris Weston, the inflow of… Continue reading Pepperstone exec says ETH party to $5K “soon”

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DeFi Users Lost $10.5 Billion to Theft and Fraud in 2021, Mostly on Ethereum: Report

[ad_1] In brief DeFi theft and fraud resulted in $1.5 billion in losses last year. This year, the figure has ballooned to $10.5 billion, aided by higher asset prices. Hacks, thefts, rug pulls, and fraud schemes. What do these decentralized finance exploits all have in common? Someone on the other end loses money. And not… Continue reading DeFi Users Lost $10.5 Billion to Theft and Fraud in 2021, Mostly on Ethereum: Report

Wall Street Beat the Crypto Kids for the Constitution—But This Was Only Round 1

[ad_1] What a story—and what a twist! I’m talking of course about the frenzied auction on Thursday for a rare original copy of the U.S. Constitution. Thousands of patriotic crypto nerds came together in a DAO (decentralized autonomous organization) and in barely one week raised more than $40 million—what should have been more than enough… Continue reading Wall Street Beat the Crypto Kids for the Constitution—But This Was Only Round 1

This Week in Coins: Bitcoin Slides Under $60K While Avalanche Sets New ATH

[ad_1] This week in coins. Illustration by Mitchell Preffer for Decrypt. At the start of the week, two big events put the brakes on the bull market.  On Monday, President Joe Biden signed off on a $1.2 trillion infrastructure bill that lets the government collect taxes from crypto custodians—and could, confusingly and perhaps unworkably, require… Continue reading This Week in Coins: Bitcoin Slides Under $60K While Avalanche Sets New ATH

BTC Reserves at Multi-Year Lows

[ad_1] Despite the recent correction in which bitcoin lost roughly 20% of its value in a week, on-chain data suggests that the liquidity crisis could be increasing. In just three days, exchanges have seen more than 23,000 coins taken off, worth more than $1.3 billion. $1.3B In BTC Withdrawn From Exchanges in Three Days Citing… Continue reading BTC Reserves at Multi-Year Lows

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