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Tag Archives: Bitcoin

Moritz Schmidt Hopes BTC Gets Banned in the Future

Is it possible to go from being a bitcoin lover to a bitcoin hater? For one German software developer, that is exactly what happened. Moritz Schmidt recently donated more than one million euros to Europe’s Green Party in the hope that they will become powerful enough to ban bitcoin and crypto mining in the future. Schmidt Suddenly Doesn’t Care for BTC Schmidt is a confusing figure in the sense that at one point, he made quite a bit of money earning and trading BTC. He...

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Chris Larsen: BTC Mining Needs to Be More Environmentally Friendly

Ripple co-creator Chris Larsen believes that unless bitcoin changes itself to be more environmentally friendly, all hope for the world’s largest and most popular digital currency is lost. Chris Larsen: BTC Needs to Change Modules Bitcoin has been taking a lot of guff in recent weeks given that its constant price increases have led to boosts in energy usage for crypto miners. The higher the price of bitcoin goes, the more expensive it becomes to mine and extract. Right...

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Thomas Farley: Cryptocurrency Is Here to Stay

Bitcoin and cryptocurrency have been all the rage as of late, but they are attracting a lot more than retailers and standard crypto investors. Wall Street is getting heavily intrigued by digital currency as well, and one man – Thomas Farley, the former president of the New York Stock Exchange (NYSE) – feels that the future of finance may very well have crypto serving at the forefront. Thomas Farley: I’m Excited By Crypto In a recent interview, Farley commented that...

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Dogecoin: People Differ on What Route It Will Take

Dogecoin has been all the rage as of late. While bitcoin has been sinking into oblivion, Dogecoin keeps getting attention and has recently hit a new all-time high. However, when something comes up, it usually winds up having to come down at some point, so when will that occur for what is now considered the fourth-largest cryptocurrency by market cap? Dogecoin Has Caused Quite a Stir Two young people have recently shared their thoughts about where the currency will go...

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Analysts Weigh in On What Made Bitcoin Fall

With the recent bitcoin crash, analysts are wondering what the heck could have happened to make the world’s number one digital currency fall by roughly $15,000 from its all-time high two weeks ago. Bitcoin Has Taken a Deep Dive There was a time when bitcoin seemed invincible. Everyone likely thought that the currency was going to stay above a certain threshold for some time. Sadly, it was not meant to be, and the currency has dropped significantly. Many traders and...

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Mike Novogratz: BTC Is Still in Bullish Territory

Billionaire investor and former hedge fund manager Mike Novogratz has always been a big fan of bitcoin along with other forms of crypto. In a recent interview, he commented about what has made the world’s primary form of digital currency last so long, and he talked about what was potentially causing the asset to surge the way it has. Mike Novogratz: This Is Just a Small Correction At the time of writing, the price of bitcoin has fallen by more than $15,000 from its...

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India Wants to Examine People’s Past Crypto Transactions

As we all know by now, India is not too pleased with the prospects of bitcoin and cryptocurrency. The country is presently contemplating a new law that if passed, would ban all crypto activity and trading in the future. India Is Not Crazy About Crypto However, another part of the law has not yet been discussed, and that is the one that allows the government of India to examine the past transactions of all the country’s citizens. This is rather dangerous in the sense that...

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Bitcoin Crashes: Drops to $49,000 Per Unit

If we thought bitcoin was doing poorly before, we are having to redefine our ideas. It looks like the world’s number one digital currency by market cap has fallen below the $50,000 mark and at the time of writing, is trading for just over $49,000. Bitcoin Is Suffering Harder Than It Has in a While This marks a $5,000 drop for the asset in just the past 24 hours and a fall of more than $15,000 for the currency over the past two weeks. The currency appears to be dipping...

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Bill Miller: This BTC Bull Run Is Very Different from 2017

Value investor Bill Miller seems to believe that this present bull run for bitcoin is way different than the one that occurred in 2017. Bill Miller: BTC Is About to Go Mainstream In a recent interview, Miller viewed what is happening right now as an immediate door to mainstream territory for bitcoin. He pointed to the fact that the world’s number one digital currency by market cap has already rallied by more than 90 percent since the beginning of the year. He also states...

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Bitcoin Price Analysis: BTC Looks Set For More Upsides

Bitcoin price started a fresh increase after testing the $47,000 support against the US Dollar. The price is now trading well above $55,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $55,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $56,000 and $57,000 levels in the near term. Bitcoin price is rising steadily above $52,000...

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