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Tag Archives: Bitcoin News

Mike McGlone: Ethereum Will Soon Eclipse BTC

Crypto analyst Mike McGlone is predicting that Ethereum, at some point, will likely eclipse bitcoin and become the number one digital currency by market cap. Mike McGlone Thinks Highly of Ethereum As a senior commodity strategist for Bloomberg, McGlone has been following cryptocurrencies for a long time just like the rest of us. In a new report, he details why Ethereum – still only the second largest digital currency in the world at the time of writing – could...

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China Shutters Social Media Accounts of Crypto Influencers

China is moving forward with its anti-crypto attitude. It has now shut down the social media accounts of several bitcoin and cryptocurrency influencers as a means of stopping people from learning about and investing in digital currencies. China Makes Another Anti-Bitcoin Maneuver China has long had an up-and-down relationship with bitcoin. While the country has always been a hotspot for bitcoin and digital currency activity, government officials and regulators have never...

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Goldman Sachs Report: Hedge Funds Now Hate BTC

It looks like bitcoin may be losing some of its popularity – at least among hedge funds, according to a new report issued by financial giant Goldman Sachs. Goldman Sachs Says Hedge Funds Now Dislike BTC The volatility of the world’s number one digital currency by market cap is really coming back to bite it in the rear. The asset – which over the past year has earned the attention of major institutions ranging from software firm MicroStrategy to electric vehicle company...

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MicroStrategy Plans Another BTC Purchase Nearing $500 Million

As if MicroStrategy did not already own a ton of bitcoin, the software firm with stock shares trading for nearly $500 at the time of writing has announced it is looking to sell approximately $400 million worth of company debt so it can purchase more BTC units. MicroStrategy Is Looking to Buy More BTC At press time, the company owns more than $2 billion in bitcoin, making it the biggest institutional bitcoin investor in the world. In second place is Tesla, which purchased...

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El Salvador Residents Could Soon Pay for Items with BTC

The president of El Salvador in Central America is working hard to make bitcoin legal tender within his country’s borders. Nayib Bukele stated in a recorded message at a recent bitcoin conference in Miami, Florida that he would eventually like to see all citizens paying for goods and services with bitcoin. El Salvador Residents Could Buy Necessities with Bitcoin Soon In his message, Bukele said the following: Next week, I will send to Congress a bill that will make...

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Jack Dorsey Has Some Big Bitcoin Plans for the Future

Jack Dorsey – the CEO of payment platform Square and social media giant Twitter – is headlining bitcoin news again after serving as a featured speaker at the world’s biggest bitcoin conference, which recently took place in Miami, Florida. Jack Dorsey Is Building a Wallet and Investing in Mining Dorsey announced that Square is looking to build a new cryptocurrency hardware wallet that customers can use to store bitcoin. Dorsey says that over the past two years, bitcoin...

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Floyd Mayweather Uses Recent Bout to Push Crypto Agenda

Legendary boxer Floyd Mayweather used his upcoming bout with YouTube star Logan Paul to push cryptocurrency. Floyd Mayweather Is a Big Crypto Fan Mayweather boasts an undefeated record of 50 and 0. At age 44, he has been retired from the ring for some time, but in a recent interview, claimed that he now fills up his hours with crypto investing and learning all he can about this developing industry. He says: Everybody should have their own mind and choose what...

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Author Federick Kaufman Has Published a New Book About Crypto

Frederick Kaufman – an English and journalism professor – has a new book out that talks about the rise of cryptocurrencies and their disruption of the money system as we know it. Kaufman: Crypto Has Really Changed the World of Money Titled “The Money Plot: A History of Currency’s Power to Enchant, Control and Manipulate,” Kaufman saw his book published as the coronavirus pandemic was taking hold. The pandemic proved to be a huge period of change for many people and...

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Decentralized Finance (DeFi) wird dein Verständnis von Finanzmärkten & Banken grundlegend verändern

Decentralized Finance (DeFi) wird einen signifikanten Einfluss darauf haben, wie Banken in Zukunft arbeiten werden. Das Potenzial birgt die Möglichkeit die gesamte Finanz- und Bankenwelt auf den Kopf zu stellen und vielleicht sogar zu ersetzen. Bevor wir uns das ein wenig näher ansehen, müssen wir noch einen kurzen Ausflug zu Decentralized Finance (DeFi) machen. Defi steht für dezentralisierte Finanzmärkte (engl.: Decentralized Finance). Es geht vor allem im Krypto Bereich darum, neue...

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Bitcoin Price Analysis: BTC Remains At Risk of More Losses

Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar. The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels. Bitcoin price is showing...

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