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bitcoinmagazine.com

Tales From Europe: Eurozone Crisis Shows The Argument For Bitcoin

This is an opinion editorial by Dan Ashmore, financial analyst, journalist and contributor to Bitcoin Magazine. Within financial and macroeconomic circles, it can sometimes feel like the USA is the only country in the world. Inflation data is accepted as the CPI reading in the U.S. The stock market is the S&P 500. The currency is the ever-dominant dollar.
CURRENCIES
CNBC

Coinbase shares drop on billion-dollar loss in second quarter and revenue miss

Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell. The exchange operator lowered its full-year forecast for transacting users. Coinbase said during the quarter it was trimming 18% of headcount. Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over...
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ambcrypto.com

Ethereum [ETH] notes unprecedented hike, thanks to its…

The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. In the last 30 days, the ETH network has seen over 546,000 active addresses trading the...
COMMODITIES & FUTURE

Bitcoin miner stung by price drop, but focusing on technology

One of the U.S.'s biggest publicly traded crypto mining companies showed how well it fared over the rough-and-tumble months of April to June. It was mostly not good. Why it matters: Mining companies are considered the last line of defense, often the last to sell amid downturns, because their business models can withstand the volatile swings of the digital assets they mine with high-powered computer equipment. But they have recently shown signs of stress.
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dailyhodl.com

CEL Token Soars As Committee Representing Celsius Users Pledges To Investigate CEO Alex Mashinsky for Wrongdoing

The chief executive of embattled crypto lending platform Celsius (CEL) is reportedly under investigation by a committee representing its users. A new official mission statement from the committee of unsecured creditors claims Celsius customers were repeatedly misled by CEO Alex Mashinsky about the safety of their funds and the firm’s business model.
BUSINESS
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