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Bitcoin (BTC)

5 Oldschool Altcoins to Watch in 2021

The crypto market still has the potential to climb higher, have a look at the coins that can be your profitable partners for the next weeks and months.In search of promising investment opportunities, it would be absolute madness to ignore cryptocurrencies. In a single year – 2020, the market capitalization rose from $200 million to $1 trillion and today it reaches $1.2 trillion. While everyone knows about Bitcoin and Ethereum, most coins stay in the shadows. But there are some...

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MicroStrategy Buys More BTC; Is the Company Overdoing It?

MicroStrategy – after months of buying bitcoin and crypto – has decided to continue this run of excessive digital asset spending and has just purchased an additional $15 million worth of the world’s number one digital currency by market cap. The company now owns nearly $5 billion in bitcoin and is arguably the most bitcoin-centered institution out there. MicroStrategy Has Bought Another $15 Million in BTC The news is certainly positive in the sense that we all know...

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Diginex CEO Projects Bitcoin Price to Hit $175,00 by Year-End

The trend of adopting Bitcoin is set to pick up pace as the cryptocurrency investment ecosystem is still relatively in its infancy.Richard Byworth, the Chief Executive Officer of Nasdaq-listed digital asset and financial services company Diginex Ltd (NASDAQ: EQOS), is bullish on Bitcoin (BTC), projecting a price target of $175,000 for the cryptocurrency before the end of the year. According to a Coindesk report, Byworth is positive the bull run of the world’s largest cryptocurrency by market...

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Rumors of Possible Crypto Ban in India amid Ongoing Bull Rally

The new report of a possible crypto ban in India contradicted India’s finance minister Nirmala Sitharaman’s thoughts on the crypto industry.International news outlet Reuters has recently reported that India is set to implement a crypto ban in the country. As a result, the entire crypto industry dipped in a single digit. Bitcoin is down approximately 7% in the past few hours to trade around $56,176.97.However, it may be just another ‘FUD’ all meant to create an opportunity for others to buy...

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Bitcoin Outshines Other Assets with Massive Returns Over Past Years

Bitcoin stands above all the other assets with an average annualized return of 230%.Bitcoin has managed to outperform all other assets with its incredible growth over the past ten years, becoming the best performing asset per the recent data.Amidst the Covid-19 pandemic, Bitcoin’s massive market performance helped surged the leading cryptocurrency above all other assets. With more to come, Bitcoin has made itself popular globally, setting its market as one of the best sought-out markets by...

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Bitcoin Price Analysis: Where is The Next Critical Support Following Today’s BTC Plunge?

Bitcoin dropped by a sharp 6% today as the cryptocurrency retraced from $60K to reach as low as $54,557 on Bitstamp (.382 Fib) as of writing these lines.Prior to today’s price drop, Bitcoin concluded another bullish week in which it bounced from $56,110 to reach a new all-time high price at $61,780 on Saturday.Simultaneously, as shown on the short-term 4-hour chart, Bitcoin had managed to break above the neckline of an inverse head & shoulders pattern at around $52,500. The breakout...

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PayBX: Spending Crypto with your Existing Card

[Featured content]Cryptocurrencies are becoming more and more popular by the day. Undoubtedly, the main reason for this is the fact that the market has exploded in value throughout the past few months.Bitcoin surged to an all-time high just below $60,000 while Ethereum topped $2,000 for the first time in history.Other cryptocurrencies have also performed remarkably well, driving the total market capitalization above $1.7 trillion at the time of this writing – a considerable number for sure....

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Update: Huge Gemini Inflows of 18K BTC: What’s Behind it and is This Why Bitcoin Dumps?

Bitcoin fell by over 10% in a day to about $55,000 following a considerable correction. On-chain data suggests that it could be attributed, to some extent, to sizeable deposits to the large US-based cryptocurrency exchange Gemini, just before the drop. However, Glassnode data refutes this option, claiming that the transfers were internal.18K Deposited to Gemini Prompted the Price Slumps?Everything seemed to be going in BTC’s way in the past several days. The asset had just recovered from its...

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India Reportedly Plans to Criminalize Bitcoin and Other Cryptocurrencies

After temporarily breaking the ice on bitcoin regulations, the Indian government is doubling down its efforts to restrain cryptocurrency use. A new bill on the way could place cryptocurrency holders and miners at risk of fines and possible jail time.New Indian Anti-Bitcoin Bill On the CardsA fresh Reuters report claims that India is preparing a new heavy-handed anti-bitcoin bill. Previous regulations in the country targeted the use of private coins, but the new bill will outrightly...

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