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Tag Archives: Bitcoin

Hester Pierce: It’s Not Possible to Get in Bitcoin’s Way

Hester Pierce – the commissioner of the Securities and Exchange Commission (SEC) – says that she hopes the U.S. government is not stupid enough to try and ban bitcoin activity, as there is no way it could ever stop people from trading it or being involved. Hester Pierce: The Government Can’t Be This Naive Pierce is often dubbed the “Crypto Mom” given her loose stance on cryptocurrency regulation. She believes that many digital assets are legitimate methods of finance,...

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How Did Lolli Get to Be Such a Big BTC Business?

Bitcoin rewards company Lolli is getting some attention and money from a lot of big people. The firm recently completed a $5 million pre-Series A funding round that garnered cash from the likes of Serena Williams and her husband. Lolli Just Keeps Getting Bigger Alex Adelman is the co-founder and CEO of Lolli. In a recent interview, he stated that his reasoning behind the firm’s creation was that he wanted to reinvent how people earn rewards for their daily shopping. His...

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Mark Yusko: All Companies Need to Consider BTC

Mark Yusko – the founder and chief executive officer of Morgan Creek Capital Management – feels that bitcoin has become large enough and strong enough in recent days that it can no longer be ignored by investors or companies. Mark Yusko: We Can’t Ignore Bitcoin In a recent interview, he comments: We really believe that we’ll look back five years from now and it will be deemed fiduciarily imprudent to have zero exposure to digital assets. As it stands, many companies –...

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C. Palihapitiya: I Should Have Invested in Coinbase

Coinbase is all set to be traded on the Nasdaq beginning on April 14, and while the time for average Joes and Janes to invest in one of the world’s largest cryptocurrency exchanges has finally come, it appears many high-ranking financial players had an opportunity to invest in the digital platform during its early days. Sadly, some – such as Chamath Palihapitiya – did not take advantage of the circumstances when they were available. Coinbase Is the Envy of the Crypto...

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Bitcoin Price Analysis: BTC Approaching Crucial Break

Bitcoin price failed to clear the $60,000 resistance and corrected lower against the US Dollar. The price is now trading below the $58,500 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $58,650 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong rally if there is a clear break above the $58,650 and $58,800 resistance levels. Bitcoin price is trading in a...

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BlackRock Is Now “Dabbling” in Crypto Futures

Asset manager BlackRock says it has made more than $350,000 in bitcoin futures over the past three months. The company has been dabbling in such futures since January and has garnered a pretty profit in return. BlackRock Is Beginning to Make Money On BTC Futures As it stands, two funds associated with BlackRock have permission to invest in crypto futures according to documentation brought forth by the Securities and Exchange Commission (SEC). At the time of writing,...

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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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