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Tag Archives: Bitcoin News

Finance Professor Disagrees with United Kingdom Sentiment Towards Crypto

Not long ago, regulators in the United Kingdom said crypto trading was akin to gambling. In other words, betting on bitcoin was like sitting at a blackjack table. Not exactly the best metaphor, but we get what the country means. Is the United Kingdom Wrong About Crypto? However, there are many that don’t agree with this sentiment. In fact, they think it’s downright wrong, and they say it shows a dangerous lack of understanding. Amongst the people that feel this...

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Bitcoin Experienced Huge Fall in Mid-June Following Fed Announcement

Bitcoin fell below the $25,000 mark for the first time in a while in mid-June of this year after the Federal Reserve threw yet another monkey wrench into America’s economic plans. Major June Dip for Bitcoin During that time, the Federal Reserve announced that while it was not going to be hiking rates again in the immediate future, citizens of the U.S. could potentially expect to experience the effects of at least two more rate hikes before the end of the year. In...

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Bitcoin Fan and Miami Mayor Francis Suarez Enters Presidential Race

As we’ve mentioned in previous articles, it’s likely bitcoin and crypto are going to be huge topics in next year’s presidential election. Recently, another bitcoin-loving candidate threw himself into the race… Republican mayor of Miami Francis Suarez. Francis Suarez is Running for President Suarez has long been a bitcoin advocate, going so far as to announce in 2021 that he would accept his entire mayoral salary in bitcoin (a move shared by New York City mayor...

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Apple Threatens to Remove Bitcoin Tipping Social App from Its Store

Jack Dorsey and Elon Musk aren’t too happy with the Apple company as of late. Apple Ain’t No Bitcoin Tipping Fan Not long ago, the technology conglomerate said it was looking into potentially removing the social media app Damus from its store. The reason was because the application offered a bitcoin tipping feature, and Apple doesn’t want anything to do with such services. The company then made it clear to Damus: get rid of the feature, or you will no longer be...

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Michael Saylor: SEC Lawsuits Are Paving the Way for BTC Dominance

Michael Saylor, the former CEO of MicroStrategy, commented in an interview that the present SEC lawsuits against platforms like Coinbase and Binance will pave the way for bitcoin to become bigger than it’s ever been. Michael Saylor on the Future of BTC He anticipates that the bitcoin dominance in the crypto industry (which currently stands between 40 and 48 percent) will shoot up to a whopping 80 percent, leaving only a 20 percent margin for remaining altcoins. He...

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Robert Kennedy Jr. Believes Bitcoin and Blockchain Will Be Extremely “Useful”

Democrat presidential candidate Robert Kennedy Jr. commented in an interview that he thinks bitcoin and blockchain will be very “useful” applications. Robert Kennedy Believes in the Power of Bitcoin He stated: The blockchain technology that’s coming out of bitcoin will be very useful. He was also quick to praise Elon Musk – the South African billionaire behind mega companies like Tesla and SpaceX – and Jack Dorsey, the former CEO of Twitter. Continuing his...

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Mark Cuban Bashes the SEC for Its Actions Against Coinbase

Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...

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Gary Gensler, at One Time, Thought Differently About Crypto as Video Footage Shows

Some interesting video footage from several years back has resurfaced that’s making people see Gary Gensler and the Securities and Exchange Commission (SEC) a tad differently. Gary Gensler and His Original Feelings Towards Crypto In the video, Gensler – not yet in charge of the financial agency – told his audience of investors he thinks four cryptocurrencies – bitcoin, bitcoin cash, Ethereum, and Litecoin – are not securities, but things didn’t quite stop there....

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