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Bitcoin at $30K Heading for First Green Week After 9 in Red (Market Watch)

Although bitcoin continues to struggle below $30,000, the cryptocurrency is actually close to breaking its nine-week-long negative weekly streak. At the same time, some altcoins, such as Solana and Avalanche,…

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Crypto Market Cap Lost $100B in 3 Days as Bitcoin Drops Below $30K (Weekend Watch)

Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000. The altcoins are in no better condition,…

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Kenya’s Largest Power Provider Plans to Deliver Access to Geothermal Power to Bitcoin Miners

KenGen, Kenya’s largest producer of electricity, has announced plans to attract Bitcoin miners to use its geothermal energy. According to the report, the company will provide its surplus geothermal power…

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White House Drafts Report on Energy Consumption, Crypto Mining in Scope

The Biden administration is reportedly preparing policy recommendations to reduce the energy consumption by cryptocurrency mining rigs and control emissions footprint. According to coverage by Bloomberg, the report on energy consumption…

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The Weekly Recap: Bitcoin Fights for $30K, Seeks First Green Candle in 9 Weeks

The past seven days saw some action on the cryptocurrency market to the upside, and bulls were able to reclaim some $30 billion from the total capitalization. Unfortunately, the bears…

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