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Tag Archives: Bitcoin News

Did Bitcoin Get Caught Up in Hype Surrounding The Merge?

In mid-September, bitcoin – the world’s number one digital currency by market cap – ran above the $22,000 mark for the first time in nearly a month. Bitcoin Experienced a Small Surge in Mid-September Everyone was praising the move given the asset had recently hit a price below $19,000, something it hadn’t done since June of this year. This means that after hitting a near-three-month low, the world’s primary digital asset seemingly shot up by close to $4,000, marking what...

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MicroStrategy Will Sell Stock to Buy More BTC

We all love bitcoin. There’s no doubt about that, but is it possible to love bitcoin a little too much? People like Michael Saylor of MicroStrategy fame are putting this question into our heads with their recent purchasing decisions. MicroStrategy Still Loves BTC Not long ago, it was announced that MicroStrategy was going to sell roughly $500 million in shares. Right now, the price of the company stock is dropping, meaning that whatever money the company gets for the...

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Another Hack Involving the Face of Crypto’s Elon Musk Has Occurred

A hacker has used an old video of Elon Musk talking about cryptocurrency to potentially infiltrate the South Korean government. Elon Musk Is Constantly “Loved” By Hackers The incident was reported during the early morning hours of a day in mid-September. A YouTube channel hosted by South Korean regulators that often features videos and commentary discussing incoming policies and government-based events was overtaken by the hacker. The channel presently has about 263,000...

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Jake Paul Bashes Biden Over Falling Crypto Prices

YouTuber and boxer Jake Paul has some harsh words for Joe Biden. Like many Americans, the social media star has grown disillusioned with the acting president, and a lot of it has to do with cryptocurrency. Jake Paul Is Not Happy with Biden, and Can You Blame Him? As many of his fans know, Paul is a mega crypto fan, having invested millions of dollars into the market before losing much of it in recent months like several traders. The digital currency scene is taking a...

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Ted Cruz Is Becoming a Major Bitcoin Fan

Ted Cruz – the republican senator of Texas – is fighting hard for crypto and its advocates. He’s learning more about the space and working to ensure it’s a future hub for innovation in the U.S. Ted Cruz Is an Official BTC Fan Not long ago, Cruz toured the facility of Riot Blockchain – one of the biggest crypto miners in existence – in Texas and discussed his experiences on social media. He stated: I am proud to lead the fight of the crypto industry in the Senate. Texas...

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The Fed May Help Crypto Through the “Great Pause”

The Fed has been in the news quite a bit as of late. At the end of August, the agency stirred controversy when Jerome Powell gave a five-minute speech talking about more rate hikes. Naturally, crypto fans throughout America got extremely worried about what could happen to their assets, which have been falling in price thanks to ongoing rate hikes from the Fed. The Fed May Wind Up Helping BTC However, some analysts now believe that the Fed could potentially contribute to...

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BTC Bull Michael Saylor Sued Over Tax Dispute

Poor Michael Saylor. As if the man doesn’t have it bad enough. Michael Saylor Has Serious Tax Woes Not long ago, the billionaire investor and CEO was ousted by his own company after more than 30 years in a top executive position following his many bitcoin-related decisions… Decisions that ultimately put the company in heavy loss positions. Saylor was downgraded from CEO to executive chairman. The move would allegedly permit Saylor to focus purely on bitcoin in the...

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