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Bitcoin Is Trading at a Loss and Ethereum Is Oversold, According to Kraken – Here’s What Could Happen Next

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Bitcoin (BTC) and Ethereum (ETH) are currently trading at a discount, but crypto exchange Kraken says that the bull run might not be over for the two biggest digital assets by market cap. In its January 2022 crypto on-chain digest, Kraken says that Bitcoin’s spent output profit ratio (SOPR) and Ethereum’s market value to realized
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LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

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LocalBitcoins is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads. The world’s leading peer-to-peer (P2P) Bitcoin marketplace is now available in 19 different languages after five more were added. Jukka Blomberg, the chief marketing officer at LocalBitcoins, noted that crypto adoption was going a notch higher. He stated:
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MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain

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Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will define the development of blockchain space and the upcoming realm of Metaverses.  Organised by NexChange Group, MetaWeek will take place at
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OpenSea email over inactive NFT listings sparks Twitter debate

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Twitter users reacted negatively to an OpenSea email sent to users who still had inactive listings on their accounts. In the email, OpenSea explained that old NFTs listings are still fulfillable, and should be canceled by the user because OpenSea is unable to cancel them on their behalf. They claimed this would “prevent any of your
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MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain

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Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will define the development of blockchain space and the upcoming realm of Metaverses.  Organised by NexChange Group, MetaWeek will take place at
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Bitcoin analysts fear new BTC price dip as funding rates drop post-Fed

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Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Funding signals dip expectations Data from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling that capped price action overnight into Friday. BTC/USD had recovered from a trip to local
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Wharton Accepts Cryptos as Tuition for Blockchain Courses

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The Wharton School, a premier business school at the University of Pennsylvania in the United States, officially accepts cryptocurrency as a payment method for blockchain courses through Coinbase exchange.  The Ivy League business school has stated that its newest online executive education program, “The Economics of Blockchain and Digital assets” course, started on January 2022,
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Ethereum hash rate scores new ATH as PoS migration underway

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Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its network more lucrative over time. This appears to have resulted in additional miners, resulting in an expansion of the network’s hash rate. The
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Robinhood’s Shares Tumble 15%, Posts $423M Net Loss

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Robinhood Markets Inc’s shares tumbled 15% in after-hours trade as the commission-free brokerage firm saw a $423 million net loss in the last quarter. Robinhood said it lost $0.49 per share in the three months that ended in December. While a year before its initial public offering (IPO), Robinhood’s net income was $7 million or
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