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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Weather Man" data-source="post: 16724442" data-attributes="member: 137766"><p>Crypto, so valuable, it has to be destroyed. </p><p></p><p></p><p>The amount of <strong>Ethereum</strong> (CRYPTO: ETH) burned soared in January leading to expectations of the lowest emission month. </p><p></p><p><strong>What Happened:</strong> Ethereum burns rose this month resulting in the largest daily deflation of minus 6823 ETH on Jan. 10, according to Delphi Digital data.</p><p></p><p>The independent research firm wrote in a note that when January’s ETH emissions are compared to previous months — a trend of net burn is observable. </p><p></p><p><a href="https://www.msn.com/en-us/money/news/ethereum-burning-intensified-in-january-is-the-no-2-crypto-about-to-chart-a-course-to-recovery/ar-AATbCtq?ocid=msedgntp&fullscreen=true#image=2" target="_blank"><img src="https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AATbQfp.img?w=768&h=408&m=6" alt="Ethereum Burning Intensified In January — Is The No. 2 Crypto About To Chart A Course To Recovery?" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p>Ethereum Burning Intensified In January — Is The No. 2 Crypto About To Chart A Course To Recovery?</p><p><em>Daily Net ETH Emissions — Courtesy Delphi Digital</em></p><p>“OpenSea and NFTs played a large role in propping up transaction numbers and the volatility across crypto. In turn, this led to more token movements and swaps, further increasing this month’s burn,” said Delphi Digital.</p><p></p><p>Burning implies taking a cryptocurrency out of circulation. The process is done by sending coins to a wallet that cannot be used for transactions.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16724442, member: 137766"] Crypto, so valuable, it has to be destroyed. The amount of [B]Ethereum[/B] (CRYPTO: ETH) burned soared in January leading to expectations of the lowest emission month. [B]What Happened:[/B] Ethereum burns rose this month resulting in the largest daily deflation of minus 6823 ETH on Jan. 10, according to Delphi Digital data. The independent research firm wrote in a note that when January’s ETH emissions are compared to previous months — a trend of net burn is observable. [URL='https://www.msn.com/en-us/money/news/ethereum-burning-intensified-in-january-is-the-no-2-crypto-about-to-chart-a-course-to-recovery/ar-AATbCtq?ocid=msedgntp&fullscreen=true#image=2'][IMG alt="Ethereum Burning Intensified In January — Is The No. 2 Crypto About To Chart A Course To Recovery?"]https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AATbQfp.img?w=768&h=408&m=6[/IMG][/URL] Ethereum Burning Intensified In January — Is The No. 2 Crypto About To Chart A Course To Recovery? [I]Daily Net ETH Emissions — Courtesy Delphi Digital[/I] “OpenSea and NFTs played a large role in propping up transaction numbers and the volatility across crypto. In turn, this led to more token movements and swaps, further increasing this month’s burn,” said Delphi Digital. Burning implies taking a cryptocurrency out of circulation. The process is done by sending coins to a wallet that cannot be used for transactions. [/QUOTE]
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