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CoinSauce | News & Insights

@coinsaucen
Channel's geo and language: Ethiopia, English

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CoinSauce | News & Insights

26 Nov, 22:52

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25 Oct, 19:11

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CoinSauce | News & Insights

8 Oct, 22:10

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🚨 LATEST: US Supreme Court Rejects $4.4 Billion Silk Road Bitcoin Case

The top court denied hearing Battle Born Investments’ claim to 69,370 $BTC seized from Silk Road, paving the way for the government to sell.
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CoinSauce | News & Insights

24 Sep, 19:21

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📣 Flashback to 2015!

A seller turned down a $13M offer for their property in #Bitcoin—50,000 $BTC.

Today, that decision is worth $3.18 BILLION!

Would you have said yes? 😲
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CoinSauce | News & Insights

20 Sep, 13:07

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🔔 NEW: 15-year old #Bitcoin mining wallets recently moved 250 $BTC worth an estimated $16M

That’s how you HODL.🔥
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CoinSauce | News & Insights

11 Sep, 13:23

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🚨JUST IN: Indonesian crypto exchange Indodax goes offline after a $22M hack.

Exchange investigating, services suspended.
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CoinSauce | News & Insights

9 Sep, 13:44

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🇯🇵 JUST IN: A subsidiary of Japan’s power company, TEPCO, is using renewable energy to mine Bitcoin.

The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining.
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CoinSauce | News & Insights

8 Sep, 10:56

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📣 JUST IN: WisdomTree Ethereum Trust Withdraws S-1 Registration Filing
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CoinSauce | News & Insights

7 Sep, 10:10

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1 billion transactions in TON🥳

Last week, TON achieved two significant milestones:

💎 The total number of transactions in TON reached 1 billion, with half of these occurring in the past three months, demonstrating strong activity in the blockchain ecosystem.

💎 On August 30th, the number of active TON users hit an all-time high of 1.1 million!

Despite the FUD, TON continues to grow and develop💪
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CoinSauce | News & Insights

3 Sep, 23:04

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🔴What determines the price of cryptocurrencies?

➡️Cryptocurrencies are a tradable asset, much like stocks, commodities, securities and so on. Their price is determined by how much interest there is on the market in buying them – that’s called demand – and how much is available to buy – that’s supply. The relationship between the two determines the price.

🔴If there is significant demand for a particular coin, but the currently available supply is limited, then the price increases. The demand for coins sometimes rises regardless of the currency’s true value – this is termed overbought. Alternatively, if a significant quantity of a coin is sold without a solid reason, it is described as oversold.

➡️CRYPTO PRICE ESSENTIALS

° Price is determined by the relationship between supply and demand.
° The total amount of most cryptocurrencies is limited by max supply.
° Overbought coins are in high demand and are usually expensive.
° Oversold coins are in high supply and are usually underpriced.
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