Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments

The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that are speculative.” Jim Cramer Advises Investors to Avoid Crypto The host of CNBC’s Mad Money show, Jim Cramer, […]

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Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push

This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth started working with the Dapper Labs-managed Flow. Ticketmaster Has Minted More […]

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Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies

The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspected and most of the rise was fueled by Europe’s rising energy prices. Europe’s Torrid Inflation Continues to Rise, While the Region Faces an Energy […]

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Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High

On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps 9.26% — Metric Prints the Second Largest Rise This Year Bitcoin (BTC) has experienced […]

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Biggest Movers: LEO Hits 6-Week High, as NEAR Jumps Higher for Third Straight Session

LEO rose to a six-week high on Wednesday, as prices rallied for a fifth consecutive session. The move came as the token raced past a key resistance level, on its way to today’s peak. Near protocol was another notable gainer, climbing for a third straight day. UNUS SED LEO (LEO) Unus Sed Leo (LEO) was […]

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Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments

Russian Prime Minister Mikhail Mishustin has actually praised digital assets as a payment instrument that could enhance Russia & #x 2019; s monetary self-reliance. The leading federal government authorities likewise called for increasing the use of the ruble for international settlements. Head of Russian Government Sees Digital Assets as Tool Ensuring & #x 2018; Uninterrupted […]

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Bitcoin, Ethereum Technical Analysis: ETH Hovers Near $1,600, as Crypto Markets Consolidate

Ethereum was hovering near $1,600 during Wednesday & #x 2019; s session, as market volatility reduced today. Following an unstable week of trading, crypto markets primarily combined on hump-day, with the worldwide market capitalization down 0.23% as of writing. Bitcoin & #x 2019; s rate was mostly unchanged, as it remained above $20,000. Bitcoin Cryptocurrency […]

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Paraguayan President Rejects Cryptocurrency Regulation Law

Paraguayan President Mario Abdo Benítez shuts the door for cryptocurrency regulation laws. Mario Abdo Benítez, President of Paraguay who took office in 2018, has vetoed a law that sought to regulate various cryptocurrency-related activities, including crypto mining.  According to the decree shared on August 30th, one of the main reasons why Benítez objected to the […]

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New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap

The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month According to the data from Augusta Free Press, the number of […]

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Busan Metropolitan City Partners with FTX to Launch Crypto Exchange

The city of Busan takes another major step towards becoming a global digital financial hub.  Busan Metropolitan City, the second largest city in South Korea, has partnered with Bahamas-based crypto exchange FTX. According to the press release shared by the Busan Metropolitan City’s website, FTX will help the city of Busan to expand its blockchain […]

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