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Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI...

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Iris Energy has invested $10 million in the latest generation of Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin...

1inch wallet buys $10M in ETH following a $3.7M profit streak...

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The crypto wallet wallet linked to 1inch Investment Fund currently holds around $80 million in various digital assets. A crypto wallet belonging to the 1inch...

Bitcoin revenue per terahash nears record lows as hashrate soars

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As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. Bitcoin mining revenue or “hash price” —...

Crypto weekly: Tether maintains $3.3B in liquidity cushion; Mastercard, Visa Step...

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Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. In the coming...

Ethereum’s Recent Developments: What’s Happening in the ETH Network?

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Since the second week of July, Ethereum (ETH) has been showing a downward trend. According to experts, the mid-August decline has further expanded this negative aspect, but...

Bitcoin Faces Challenging Month Amid Regulatory Scrutiny and Market Volatility

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August has proven to be a testing month for Bitcoin as a confluence of factors has driven the cryptocurrency to one of its toughest...
The cryptocurrency market’s recent downtrend appears to be coming to an end, with JPMorgan’s latest research suggesting that most long position liquidations have been completed.

JPMorgan forecasts limited downside for crypto markets

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JPMorgan’s analysts consider Bitcoin’s declining open interest a sign that the current price trend may weaken. The cryptocurrency market’s recent downtrend appears to be coming...