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Bitcoin (BTC)

Dash Rolls Out Instant Savings Retail App to Boost Adoption 

In an effort to drive crypto adoption in the United States, Dash, an open source cryptocurrency forked from the Bitcoin protocol, has recently launched a retail savings app dubbed DashDirect. Dash Launches DashDirect Savings App In its official announcement today, Dash revealed that the new app will allow DASH holders to spend their coins at thousands of retail stores in the U.S. Users of the app can pay with DASH for exclusive discounts on their everyday purchases at...

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Gallup Poll: Bitcoin Ownership in America Has Spiked Heavily Over 3 Years

Between 2018 and 2021, the number of Americans holding bitcoin and other forms of cryptocurrency tripled. This is good news in the sense that bitcoin is becoming more well known and popular. Sadly, so many of these individuals still view bitcoin as a high-risk asset. Bitcoin Ownership Is Growing Every Day Over the past year or so, bitcoin has taken on new form in that many began to see it not as a speculative asset, but as a potential hedge tool. With inflation rising...

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Bitcoin Facing Critical 2-Month Resistance, Will The Uptrend Continue? (BTC Price Analysis)

Bitcoin is up by a whopping 25% during the week as the primary cryptocurrency reached over $40K yesterday – the highest point since June 15, 2021. As shown on the charts below, BTC price broke above a falling wedge formation toward the end of last week and eventually managed to climb above the key resistance level provided 20-day MA on Friday. Then, the price continued over the weekend to finally have a daily close (Sunday) above the 50-day MA, for the first time since May 9....

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Tesla Records $23M in Bitcoin-Related Impairment Loss in Q2 Earnings Report

Tesla CEO Elon Musk may have a role to play in dragging the price of Bitcoin down, hence, paving the way for the impairment loss suffered by the firm.American electric vehicle and clean energy company, Tesla Inc (NASDAQ: TSLA) has posted its second-quarter earnings results in which it revealed a $23 million impairment loss in its Bitcoin holdings. The loss according to the Palo Alto firm caused a visible offset or drag in its operating income which nonetheless grew year on year.Tesla is one...

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Amazon akzeptiert in naher Zukunft Bitcoin als Zahlungsmittel

Wenn eine Meldung die Mass Adoption des Bitcoin ankündigen könnte, dann dürfte es wohl diese sein: Amazon hat angekündigt bis Ende 2022 Bitcoin als Zahlungsmittel zu akzeptieren und gleichzeitig seinen eigenen Token zu veröffentlichen. Der Kurs reagierte mit einem Plus von etwa 20 Prozent. Bitcoin News: Amazon akzeptiert in naher Zukunft Bitcoin als ZahlungsmittelOffenbar arbeitet man bei Amazon schon seit 2019 daran, Bitcoin zu implementieren, nun veröffentlichte eine Nachrichtenseite, dass...

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Crypto Markets Turn Red After Amazon Denied Reports of Accepting BTC (Market Watch)

The past couple of days were particularly turbulent in the cryptocurrency market. This was largely propelled by Bitcoin’s rally, as the cryptocurrency managed to surge as high as $40,580 yesterday, before tumbling to where it’s currently trading at around $37,300. Bitcoin Price Pulls Back Following Amazon’s Statement Over the past few days, Bitcoin is on an impressive streak. From the lows at around $29K to yesterday’s high at $40,580, BTC was up almost 40% in six days. This...

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Cardano (ADA) Price Analysis: Dips Could Be Limited Below $1.20

ADA price started a fresh increase above the $1.20 resistance against the US Dollar. The price is now trading well above $1.15 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.24 on the 4-hours chart (data feed via Bitfinex). The price is correcting gains, but the bulls are likely to remain active near $1.20 and $1.15. Cardano price started a decent recovery above $1.20 against the US Dollar, similar to...

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Bitcoin : Amazon dément la rumeur

Citant un « insider », le quotidien londonien City AM avait annoncé lundi qu’Amazon pourrait accepter les paiements en bitcoin « d’ici la fin de l’année ». La rumeur avait poussé le prix de bitcoin jusqu’à 40 000 $. Sollicitée par l’AFP, une porte-parole d’Amazon a démenti hier soir cette l’information, tout en confirmant l’intérêt du groupe pour les nouvelles formes de paiement :  « Malgré notre...

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Jack Dorsey Wants BTC to Help with “World Peace”

Bitcoin bull Jack Dorsey hopes that bitcoin and cryptocurrency can potentially lead to a world of fewer or maybe even zero conflicts. In a recent interview, he stated that he is hoping bitcoin can potentially lead to “world peace.” Jack Dorsey Wants BTC To Contribute to a Calmer Planet The CEO of both Twitter and Square suggested in a recent interview that the power of cryptocurrency could potentially lead to a calmer and less aggressive planet by lessening financial...

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Not Yet: Amazon Denies Rumours on Plans to Accept Bitcoin

An Amazon spokesperson has said that the earlier reports of the company planning to accept Bitcoin and to investigate the issuance of its own token next year are false. Previously, a report from City AM, citing Amazon insiders, claimed that the world’s leading online retailer plans on accepting Bitcoin and to investigate issuing its own token in 2022. The report went even further, saying that: This isn’t just going through the motions to set up cryptocurrency payment...

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