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Tag Archives: Bitcoin News

Mike Novogratz: BTC Has Come Far in the Last Year

Billionaire investor and former hedge fund manager Mike Novogratz says he’s truly shocked by how far bitcoin has come in the past few years and how strong adoption is. Mike Novogratz: BTC Adoption Has Come Quite Far We all likely remember a time when bitcoin did not have the respect it does today. Many companies and individuals alike turned their backs on it, claiming that it was a scam or a fraudulent currency. They said that it was a Ponzi scheme that was likely to...

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Shares in MicroStrategy Shoot Up Thanks to BTC

Shares in software firm MicroStrategy went up a few days ago after analysts suggested an $850 per share price in the coming future. MicroStrategy Owes Its Success to Bitcoin The figure has a lot to do with the idea that MicroStrategy is quite bullish on bitcoin, and that the firm is doing all it can to purchase the world’s number one digital currency by market cap. MicroStrategy initially bought its first round of BTC in August, when the currency was trading for around...

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Report: It’s Much Cheaper to Mine Gold Than It Is to Mine BTC

According to a new report, mining for gold is a lot less expensive than mining for bitcoin. Mining for Gold Is More Economical Over the past several months, as bitcoin has exploded in price (it’s currently trading for well over $58,000 per unit), several environmentalists and crypto bashers have taken to arguing that the mining process behind cryptocurrency and bitcoin is dangerous for the planet. They’re convinced that the ongoing extraction of new coins is going to...

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La La Anthony: Bitcoin Is the Currency of the Future

It’s always interesting to see celebs that are turned on by the thoughts of crypto, and today, La La Anthony – a musician and live music host – is promoting bitcoin, claiming that it’s one of the top assets of the future. La La Anthony Loves BTC At first, Anthony admits that she was skeptical of the digital currency, as she had heard from several individuals and sources that it was a terrible fraud and a scam. She comments: When I first heard about bitcoin, I didn’t...

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Mark Cuban: I’m Really Starting to Like Ethereum

In the past, it has appeared that Mark Cuban – a billionaire investor and owner of the Dallas Mavericks basketball team – was never a huge fan of cryptocurrency. While he acknowledged that bitcoin had a loyal set of followers and thus permitted BTC payments for Mavericks-related merchandise and tickets, he did not speak highly of the asset, claiming in the past that he would rather have “bananas” than BTC. Mark Cuban Is Getting Into BTC and Ethereum Now, however, some...

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Jesse Powell Sees a $1 Million Price for BTC Next Year

Jesse Powell – the CEO of Kraken, a popular cryptocurrency exchange based in San Francisco, CA – has suggested that bitcoin could hit a price of $1 million per unit by the year 2022. Jesse Powell: BTC Will Be $1 Million in 2022 Bitcoin has been doing extremely well as of late. The world’s number one digital currency by market cap has made a real name for itself in the finance industry over the past six months. There are many companies that are now willing to accept the...

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JPMorgan: BTC Is Less Volatile, and Institutions Are Taking Notice

According to a new report issued by financial giant JPMorgan, the volatility often acquainted with bitcoin has been declining over the past few weeks. This, in turn, could lead to further institutions looking to get their fingers on the world’s number one digital currency by market cap. JPMorgan: We’re Seeing Less Price Swings with BTC Over the past eight months, the world has been privy to increased institutional activity in the crypto space. Many largescale companies – such...

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Bitcoin Is Helping the Digital Yuan Move Forward

As interest in bitcoin has grown over the past few months, so has interest in China’s digital yuan. The Digital Yuan Is Making Headway Bitcoin has been booming over the past six months, with the world’s number one digital currency shooting up from $10,000 in early October to about $59,000 at press time. That is an increase of almost five times the original price. However, the interest in BTC is also stirring interest in other forms of crypto such as the digital yuan....

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Goldman Sachs Is Ready to Provide Crypto Investment Options to Rich Customers

Financial giant Goldman Sachs says it’s looking into potentially allowing its richest customers to invest in cryptocurrencies and crypto-related products within the next few months. The news comes after the firm says crypto demand from clients has reached an all-time high. Goldman Sachs Opens Its Doors to Crypto Mary Rich – global head of digital assets – says the bank is looking to permit crypto investing beginning in the second quarter of 2021. In an interview with...

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PayPal Is Now Allowing Customers to Pay with Crypto

Early this week, PayPal began allowing cryptocurrency payments through its platform. The company has been on track to become a major haven for crypto-related activity since October of last year, and the platform’s goals just got much more serious. PayPal Says “Yes” To Digital Currency Payments While the service isn’t available to everyone just yet, many of PayPal’s users – when they purchase items – will be given several payment options when it’s time to check out, some...

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