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$BTC The environmental impact of bitcoin is significant. Bitcoin mining, the process by which bitcoins are created and transactions are finalized, is energy-consuming and results in carbon emissions, as about half of the electricity used in 2021 was generated through fossil fuels.[1] Moreover, bitcoins are mined on specialized computer hardware with a short lifespan, resulting in electronic waste.[2] The amount of e-waste generated by bitcoin mining is comparable to that generated by the Netherlands.[2] Scholars argue that bitcoin mining could support renewable energy development by utilizing surplus electricity from wind and solar.[3] Bitcoin's environmental impact has attracted the attention of regulators, leading to incentives or restrictions in various jurisdictions.
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#NFPCryptoImpact On NFP day, the release of employment data can have a significant impact on the crypto market. Cryptocurrencies like Bitcoin and Ethereum, being the largest and most widely traded, tend to experience increased volatility during this time. Traders and investors closely monitor the NFP data as it provides insights into the health of the economy, which can influence the demand for cryptocurrencies. It's important to note that the impact can vary depending on the specific NFP data and market sentiment. Other cryptocurrencies like Ripple and Litecoin may also be affected, but to a lesser extent compared to Bitcoin and Ethereum.
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#OnChainLendingSurge Crypto loans are fast, uncomplicated, and have a very straightforward approval process. Deposit crypto as collateral and borrow against it, no questions asked or KYC/AML required. These loans are typically overcollateralized with large-cap cryptos like BTC or ETH — or through stablecoins like USDT, USDC, or DAI. This allows you to access the liquidity of your crypto portfolio without having to sell it and possibly benefit from the token’s price appreciation during the loan period. There are a number of both centralized and decentralized platforms that serve this thriving market, including: Aave Balancer Compound Nexo Salt Yearn
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#CryptoMarketDip 🚀 Enjoy a 7-Day Free Trial Thru Jan 15, 2025! ✨  Menu Sign Up Login 0 GURUFOCUS.COM Latest News Current Article Crypto Market Dips Following Positive Economic Indicators (BTC)  GuruFocus News Follow 16 hours ago BTC ▼1.78% Bitcoin (BTC, Financial) experienced a notable decline today, with its price falling by 5.73%. This downward trend reflects the broader reaction in the cryptocurrency market to recent economic developments. Positive economic reports appear to have influenced investor sentiment, sparking concerns about potential interest rate hikes, which traditionally impact risk assets like cryptocurrencies. Analyzing BTC's current stock data, the price is at $42.74. The cryptocurrency's volatility is apparent, with a one-week price change of 2.34% and a 12-week increase of 52.49%. However, on a year-to-date basis, BTC has seen a modest rise of 2.34%. Despite these fluctuations, the GF Value suggests that Bitcoin's current dynamics make it challenging to evaluate its intrinsic worth, as noted on the GF Value page.
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#BinanceMegadropSolv Binance va fi prima platformă care va lista SOLV. Solv Protocol este un protocol de staking Bitcoin care construiește un ecosistem financiar centrat pe BTC. Binance, cel mai important exchange crypto din lume, tocmai a anunțat al treilea proiect pe platforma Binance Megadrop – Solv Protocol (SOLV). Acesta este un protocol de staking Bitcoin care construiește un ecosistem financiar centrat pe BTC.
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