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Tag Archives: Bitcoin News

France is Trying to Attract American Crypto Companies

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Do you run a cryptocurrency company in America and you’re getting tired of the regulatory confusion surrounding your industry? Are you sick of Gary Gensler and the Securities and Exchange Commission (SEC) breathing down the back of your neck? If that’s the case, you may want to give France a try! France Wants...

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North Carolina House Passes Bill to Study How Holding Bitcoin Could Be Profitable for State

The state House of Representatives voted on the bill, with 73 out of 120 members voting in its favor, 40 members against it, and the remaining seven were absent. The lower house of the North Carolina General Assembly has passed a bill that would task the Department of State Treasurer to assess the feasibility of the state holding Bitcoin (BTC). The study will also measure the benefits that the state could derive from such investments. The bill proposes allocating $50,000 to study the...

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Stable Coin Tether Buys Over $200 Million Worth of BTC

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Executives behind the stable currency Tether – which is not only popular, but also somewhat controversial – have announced they just bought more than $200 million worth of bitcoin as a means of backing their digital currency. Tether and Bitcoin… Together Again A stable currency is a digital currency that’s not...

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Crypto Scammer Mona Montrage Arrested in the U.K.

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Mona Faiz Montrage – an influencer on Instagram that’s originally from Ghana, but now lives in New Jersey – has been arrested for allegedly taking part in a romance scam that saw several old men send her lavish gifts including prepaid cards and cryptocurrency. Mona Montrage Sent to Court According to her...

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BlackRock Has 50% Chance of Getting SEC’s Spot Bitcoin ETF Approval

The SEC may prefer to give BlackRock the approval because of its reputation. According to some Bloomberg analysts, BlackRock has a 50% chance of getting approval for its spot Bitcoin Exchange Traded Fund (ETF) from the Securities and Exchange Commission (SEC). On the other hand, they also speculated that Grayscale has a 70% chance of winning its ongoing legal case against the regulator. Eric Balchunas made the comment about the two companies in a tweet after Elliott Stein, a senior...

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Bitcoin Price Analysis: BTC Bulls In Control Above $29,500

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price started a fresh increase above the $28,500 zone against the US Dollar. The price is now trading above $28,500 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $29,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The...

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Steve Hanke Really, Really Hates Bitcoin

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Not everyone loves bitcoin. In fact, there are those out there – like Warren Buffett or his sidekick Charlie Munger – that hate it with passion, and now, it looks like top economist Steve Hanke is joining the ranks of BTC’s biggest opposers. Steve Hanke Isn’t a BTC Fan In a recent interview, Hanke stated that...

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Paul Tudor Jones: BTC’s Days as an Inflation Hedge Are Over

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The idea that bitcoin was always a hedge against inflation has been rather prominent amongst crypto fans for the past few years. Now, according to Paul Tudor Jones – a bitcoin bull and billionaire hedge fund manager – it sounds like this idea may have reached its peak and is coming to an end. Paul Tudor Jones:...

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Riot Platforms to Onboard 33,280 Bitcoin Miners Ahead of 2024 Halving

Riot Platforms’ recent acquisition of Bitcoin miners from MicroBT holds significant importance in the context of the upcoming halving event in 2024. Riot Platforms Inc (NASDAQ: RIOT), a leading player in the Bitcoin (BTC) mining industry has announced a significant development in its quest to expand its mining capabilities. The company stated in a press release that it has entered into a long-term purchase agreement with MicroBT Electronics Technology Co., LTD, a well-known manufacturer of...

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Bitcoin Gains New Technical Stability, Implying More Gains Are Coming

Positive signs are emerging for bitcoin on technical charts. The world’s number one digital currency by market cap is holding a key support level that could insinuate bullish trends will again emerge for the asset in the coming weeks and months. Bitcoin Gains Traction Bitcoin fell by nearly six percent in mid-May. However, the asset – at the time of writing – has since risen by more than one percent and is trading in the low $27K range. Some believe this is because bitcoin has been largely...

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