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Bitcoin (BTC)

Bitcoin Hits $1 Trillion Market Cap; How Much Further Will It Go?

Bitcoin has been doing extremely well as of late. At the time of writing, the world’s number one digital currency by market cap has shot beyond the $56,000 mark, and it looks like the currency isn’t set to slow its momentum anytime soon.Bitcoin Is Continuing to ExplodeRecently, bitcoin moved beyond a $1 trillion market cap, making it more comparable to gold. This is more than double the $500 billion it was at during the early portions of 2021. It has also shot up in price by more than five...

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Bitcoin Investors With Less Money Than Elon Musk Should ‘Watch Out’ Said Bill Gates

Bill Gates is not bullish on bitcoin because of the massive energy the cryptocurrency uses. The billionaire philanthropist said that during a recent interview and also warned people who have less money than Elon Musk to be wary of potential financial losses if invested in BTC.Gates on Musk and BTCEver since news broke that Elon Musk’s electric vehicle and clean energy company, Tesla, had allocated $1.5 billion in bitcoin, speculations have run rampant within and outside the community about...

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The Laser Eyes Meme: Not a Coincidence That This Marked a Local Top for Bitcoin (Opinion)

Bitcoin plunged. It lost somewhere around $13k, or 25% in the past couple of days. It’s not alone. The entire crypto market is bleeding.Data from CoinMarketCap shows that the capitalization lost around $365 billion since Sunday. For reference, last year, on this date, the total market cap of all cryptocurrencies was $283 billion. There’s no sugarcoating it – the crash is substantial, and it might not be over yet.Cryptocurrency Market Cap. Source: CoinMarketCapBut what led to it? Well, there’s...

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Bitcoin Selloff mal wieder von Whales verursacht

Fast 20 Prozent hat der BTC in den letzten Stunden verloren. Ein massiver Selloff, der den Kurs sogar wieder unter 50.000 US-Dollar drückte. Große den Markt beeinflussende politische Meldungen blieben allerdings in den letzten Tagen aus, so dass sich die Frage stellt, was die Ursache dieses Selloffs ist. Bitcoin News: Bitcoin Selloff mal wieder von Whales verursachtOffenbar waren es mal wieder Whales, die einen Selloff auslösten. Allein auf der Winklevoss-Börse Gemini wurden Aktivitäten einer...

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Bitcoin Price Analysis: Those Are The Next Possible Targets If The Bloodbath Continues

The heavy correction in Bitcoin’s price continues for a second day with another sharp 17% price plummet only today, and a total of 25% since hitting the current all-time high of $58K just two days ago.The recent drop is largely attributed to the fact that there was a cascade of long liquidations, causing a snowball effect within the market and driving it even lower. As of now, today’s low lies at $44,845, according to Bitstamp.Looking at the bigger picture, Bitcoin has now dropped beneath the...

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Bill Gates Warns that Only Billionaires like Elon Musk Should Venture into Bitcoin Investment

Before Gates changed his view on Bitcoin from “negative” to “neutral,” the billionaire had criticized crypto anonymity. He referred to cryptocurrency as “a rare technology that has caused deaths in a fairly direct way.”Microsoft Corporation (NASDAQ: MSFT) co-founder and American billionaire Bill Gates said that Bitcoin is only for billionaires like Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. Gates aired his opinion on Bitcoin during a recent interview with Bloomberg.Shortly after Gates revealed...

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Tesla’s Bitcoin Investment: About 3 to 5% of Public Companies to Follow Similar Path

The best moment to buy or accumulate any digital asset is when the prices are low, and this may be a perfect time for corporate investors to follow Tesla’s Bitcoin investment move and get on the train.Daniel Ives, a Wedbush Securities analyst, has noted that the $1.5 billion bet in Bitcoin (BTC) by electric vehicle manufacturing behemoth, Tesla Inc (NASDAQ: TSLA) will have a dramatic impact on corporate adoption of the digital asset. Speaking in an interview with CNBC’s “Squawk Box” on...

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