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Crypto Weekly (Sept. 11th, 2019)

Sep 11, 2019 • 4 Min Read
Author
David Grider
David Grider

Weekly recap...

  • Ahead of the Bakkt launch on 9/23, the Fed Chair Powell piled on to the negative sentiment currently permeating crypto-markets.
  • Network data monitoring tools have improved significantly over the past year — a big plus for data transparency in the space.
  • Our model suggests total breakeven BTC mining cost = $8500; cash breakeven cost = $7300.

Center Story

1. Fed's critcism of crypto overshadows first stage of Bakkt product launch

On the same day Bakkt began accepting deposits and withdrawals (last Friday, September ...

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