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Sphere 3D grew Bitcoin production remains flat in July amid US customs problems, crypto winter
Monday, August 8, 2022 7:54 PM

According to the report, U.S. customs temporarily confiscated the equipment in mid-June, saying they were waiting for a receipt of documentation from the supplier. Mining companies in the winter marketCryptosphere is experiencing its coldest winter. Soon after, major mining companies showed signs of financial trouble because they could not pay their bills. Difference of renewable energyWhile the mining sphere is taking significant hits due to Bitcoin’s energy prices and winter rates, Sphere 3D seems intact, primarily thanks to its renewable energy sources. However, renewable mining also offers security in severe winter conditions.

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GLOBAL MARKETS-Wall Street muted on mixed inflation messages
Monday, August 8, 2022 7:53 PM

U.S. stocks were mostly flat on Monday, the dollar weakened and U.S. government bond yields fell as investors weighed mixed messages on inflation and how aggressive the Federal Reserve will be in combating it. Spot gold rose 0.7% to $1,787 per ounce, after dropping 1% in the previous session.

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Ethereum Is Getting Cheaper to Use, Even Before the Merge
Monday, August 8, 2022 7:53 PM

Ethereum fees are at their lowest level in two years. The average cost for a transaction is under 12.5 gwei, a unit of account that represents a fraction of an ETH used to measure the gas (or transaction fees) needed to run Ethereum. This is good news for Ethereum users, who have long and rightfully complained about the network’s fees.

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US Crypto Regulation Bill Needs More Work to Define Boundaries, Former Prosecutor Says
Monday, August 8, 2022 5:50 PM

Former federal prosecutor Grant Fondo joined CoinDesk TV’s “First Mover” to discuss the latest effort by the U.S. Senate to divy up crypto regulation between the SEC and CFTC, and why that effort doesn’t settle the issue of who should regulate what.

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The U.S. Jobs Market Has Fully Recovered, Favoring Travel And Shipping Industries
Monday, August 8, 2022 5:50 PM

Lower fuel demand coupled with falling gas prices. Gas prices above $5 per gallon, it seems, are a greater deterrent to venturing outside your house than Covid fears and government-mandated lockdowns were. The nonprofit found that a whopping 88% of Americans were driving less due to higher gas prices. We’re bullish on not just Booking but also rivals Tripadvisor and Expedia, shares of which have recovered their loses, and then some, as gas prices have retreated from all-time highs on June 14. Shipping Giant Maersk Posts Record ResultsBesides consumers, lower gas costs are beneficial to industries that consume great amounts of petroleum liquid fuels.

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US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
Monday, August 8, 2022 5:49 PM

The Treasury Department says Tornado Cash abetted $7 billion of money laundering, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.

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Lido DAO Token Price Reaches $2.79 on Exchanges (LDO)
Monday, August 8, 2022 5:48 PM

One Lido DAO Token coin can now be bought for approximately $2.79 or 0.00007033 BTC on exchanges. Lido DAO Token has a total market capitalization of $289.64 million and approximately $3.62 million worth of Lido DAO Token was traded on exchanges in the last day. Lido DAO Token Coin ProfileLido DAO Token’s genesis date was December 17th, 2020. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Lido DAO Token using one of the aforementioned exchanges. Receive News & Updates for Lido DAO Token Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Lido DAO Token and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

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AIOZ Network 24-Hour Trading Volume Tops $1.85 Million (AIOZ)
Monday, August 8, 2022 5:47 PM

AIOZ Network (AIOZ) traded 2.8% lower against the U.S. dollar during the 24 hour period ending at 13:00 PM E.T. One AIOZ Network coin can currently be bought for $0.0767 or 0.00000320 BTC on popular cryptocurrency exchanges. AIOZ Network has a market capitalization of $48.49 million and $1.85 million worth of AIOZ Network was traded on exchanges in the last day. AIOZ Network Coin TradingAccording to CryptoCompare, “AIOZ Network is a distributed CDN built on our very own Blockchain. Receive News & Updates for AIOZ Network Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for AIOZ Network and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

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So-Young International (NASDAQ:SY) versus TeraWulf (NASDAQ:WULF) Head-To-Head Contrast
Monday, August 8, 2022 5:47 PM

TeraWulf (NASDAQ:WULF – Get Rating) and So-Young International (NASDAQ:SY – Get Rating) are both small-cap oils/energy companies, but which is the superior investment? So-Young International is trading at a lower price-to-earnings ratio than TeraWulf, indicating that it is currently the more affordable of the two stocks. Analyst RecommendationsThis is a breakdown of current recommendations for TeraWulf and So-Young International, as reported by MarketBeat. Given So-Young International’s higher probable upside, analysts plainly believe So-Young International is more favorable than TeraWulf. Comparatively, So-Young International has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500.

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