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Tag Archives: News

Jamie Dimon Warns BTC Could Fall Further if Recession Hits

Could bitcoin, Ethereum, and other digital assets experience further dips in their prices? According to Jamie Dimon, the man heading JPMorgan, the answer is a resounding “yes,” as he believes a recession is on its way and right around the corner. Jamie Dimon Warns of Ongoing Economic Turmoil Sleepy Joe Biden recently warned of a “slight recession,” again refusing to take a hard stance like a tough president and the leader of the free world should do. The fact is that...

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Bitcoin Cash Analysis: Bulls Aim Upside Break To $150

Bitcoin cash is attempting a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $115 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $120 and $122 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to bitcoin. BCH/USD...

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Bitcoin Mining Software Gets a Serious Upgrade

Software utilized in bitcoin mining projects is about to get its first major upgrade in roughly ten years, and financial companies – including Block (formerly known as Square) are looking to take advantage. Bitcoin Mining Needs to Undergo Some Changes One of the big issues surrounding bitcoin mining is that it operates on a proof of work (PoW) protocol, which many environmentalists think could lead the planet into a dark corner. Proof of work allegedly requires more...

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