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Tag Archives: Bitcoin News

Bitcoin Is Now 14 Years of Age!

Crypto fans everywhere are wishing bitcoin – the world’s number one digital currency by market cap – a happy birthday, as just a few weeks ago, the beloved asset turned 14. Bitcoin Is 14 Years Old Bitcoin’s whitepaper was officially introduced on Halloween of 2008, but it wasn’t until January of 2009 that the currency began getting mined and added to blockchain circulation. While the whitepaper may have been the asset’s first real introduction to the world, many see that...

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Connecticut Police Get $23K in Stolen Crypto Funds Back

Members of a local police force in the state of Connecticut have helped a theft victim recover roughly $23,000 in stolen crypto funds. Police Are on the Case! The money was deposited under false pretenses to several nearby bitcoin ATMs after a complaint was filed in September of last year. The victim had allegedly been scammed into depositing the money into various machines around the state, and the case was noted by the Milford Police Department. It was stated that more...

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Bitcoin Price Analysis: BTC Aims More Gains above $23K

Bitcoin price started a fresh increase from the $20,400 zone against the US Dollar. The price is now trading above $22,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22,450 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $21,500 resistance zone. Bitcoin price is rising above $22,000 against the US Dollar. BTC might extend gains if...

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The Federal Reserve and Other Agencies Are Warning Banks About Crypto

U.S. regulators like the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have established a joint statement warning banks all over the world about the alleged risks and problems that come with crypto trading. The Federal Reserve Feels Crypto Is Problematic These agencies say that banks need to take these risks seriously and implement the necessary security measures to keep themselves and their customers safe....

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Erik Voorhees Sees a $40K Price for BTC in 5-6 Months

Erik Voorhees, the CEO and founder of crypto exchange Shape Shift, sees bitcoin – the world’s number one digital currency by market cap – reaching a relatively modest price of about $40,000 at some point this year. Erik Voorhees: BTC Will Be at $40K 2022 was a rough period for bitcoin. The asset fell by more than 70 percent from its all-time high of $68,000 per unit and dropped into the mid-$16,000 range. Things have been bad for the currency and its altcoin cousins for...

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Crypto Bankruptcy was Big Last Year, but was There a Positive Note to It All?

2022 was a year wrought with bankruptcy and the exiting of several crypto companies, but many analysts do not feel this was necessarily a bad thing. Bankruptcy was Big in 2022, but Things Might’ve Been Better Than We Thought On the surface, one could argue that 2022 was the worst year for crypto since 2018. The price of bitcoin, for example, fell by more than 70 percent after the world’s number one digital currency by market cap hit a new all-time high in the final...

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Valkyrie Investments Seeks More Control of the Grayscale Bitcoin Trust

Valkyrie Investments is working to become the new sponsor and manager of the Grayscale Bitcoin Trust, arguably the largest digital currency fund in existence. Valkyrie Investments Wants a Bigger Role in Grayscale’s Environment Based in Nashville, Tennessee, Valkyrie is tasked with managing $180 million in assets. In late December, the firm announced what’s to be called the Valkyrie Opportunistic Fund, which will take advantage of discounts being offered through Grayscale...

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