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This is the blog section of our Token where we will continue to provide you with new information about the Crypto World every day. Here we will try to provide you all the information related to Crypto, so that all of you are aware of what is happening in the Crypto World.

Demand for cryptocurrency mining in Russia explodes

According to the fourth quarter report, Russians were buying more ASIC crypto mining gear. Low prices for electricity and equipment are driving a surge in spending, but supply remains strong and is expected to continue to grow. Russian mining equipment prices drop 20% ASIC miners are in high demand in Russia due to falling equipment prices and low electricity bills. The fourth quarter of 2022 saw a significant increase in demand for application-specific integrated circuit (ASIC) miners, or speci

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Triggered Bitcoin NVT Sell Range Signals Coming Downtrend

According to a recent Bitcoin analysis report, the price of Bitcoin appears to be on the rise, but the NVT Golden Cross coin has only recently crossed the normal. A rise in the NVT Gold Cross signals the arrival of a bear market. Bitcoin NVT Signals Coming Downtrend Cryptanalytics Network Crypto quant recently tweeted, “Bitcoin price goes up, but NVT sell region is triggered.” If the metric breaks below -1.6, it's a bullish signal.

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Ethereum and Tether Are Flooding Exchanges, But Bitcoin Enthusiasts Are Choosing to Self-Manage

Ethereum () holders seem to be taking matters into their own hands following the collapse of FTX.

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Crypto lender Genesis owes $900 million to Gemini crypto exchange clients

Major cryptocurrency lender Genesis Trading and its parent company Digital Currency Group (DCG) owed $900 million to users of crypto exchange Gemini.

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Number of Bitcoin wallets above 1,000 BTC hits 3-year low

The number of Bitcoin addresses holding at least 1,000 BTC (which he was worth nearly $17 million at the time of writing) hit a three-year low of 2,063 addresses.

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Analyst: Bitcoin resilience by HODLers

Despite recent massive deleveraging, Bitcoin continues to hold up for long-term holders of the coin. Long-term holders protect bitcoin His on-chain analyst Willie Wu recently tweeted that long-term holders are “protecting” bitcoin from further declines.

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Standard Chartered expects Bitcoin to fall to $5,000 in 2023

A group of analysts within the financial services firm cites further red flags for 2023, believing that the price of Bitcoin is well past the end of its down zone. Prices may continue to drop. Analysts have included Bitcoin () in the list of dramatic events that will have a major impact on financial markets in 2023. Other events include falling food prices and the impeachment of President Biden. Robertsen also noted that the price of virtual gold could rise by up to 30% as most BTC investors exc

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Bitcoin realized cap declines, opens 'lifetime investment opportunity'

Bitcoin's realized cap recently hit a 14-month low indicating a capital reset in the coin's markets. According to analysts, the market cap dropping lower than the realized cap may present a “golden buying opportunity” and a possible rally in sessions ahead.

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Kentucky may stop subsidizing power supply to new Bitcoin miners

authorities have launched investigations to find out whether the provision of discounted electricity rates to new Bitcoin mining firms in the region will lead to increased energy costs for residents. Kentucky BTC miners hit a brick wall It may no longer be business as usual for Bitcoin () miners in Kentucky, as authorities in the state have now launched formal proceedings to find out whether the approval of proposals aimed at offering new proof-of-work () crypto miners cheap power supply will re

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• Bitcoin trading volume hits two-year low as BTC continues to drain from exchanges

On-chain activity has dwindled as bitcoin transaction volumes hit his two-year low as the market continues to slump. His seven-day moving average of Bitcoin (BTC) trading volume hit a two-year low of $557,350,924, according to his Glass node, an on-chain analytics service. On December 5, he hit his two-year low of $560,983,210.

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