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Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs

About March 1 cryptocurrency investors awakened to this sight of Bitcoin ( BTC) climbing out of it weekend correction to $44,000 since the market saw its bullish momentum along with altcoins rebounded in their swing highs. Statistics from Cointelegraph Markets along with TradingView proves that the purchase price of Bitcoin rose 16.6percent from the low […]

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Elon Musk no longer world’s richest person as Bitcoin and Tesla values fall

Musk tweeted that the value of this cryptocurrency Bitcoin appeared’high’ because it struck a record high in record US$58,354. Tesla had earlier disclosed it held US$1.5 million value of bitcoin and it expected to be able to trade in it. Fourteen days following @elonmusk declared that he spent $1.5 billion of shareholder money buying Bitcoin, […]

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Key Bitcoin price metric signals traders are positioned for $50K BTC

Ahead of this show, BTC was lagging behind Ether’s ( ETH) functionality by 7.5percent but the many events of the previous couple of days aided BTC to hit on a fresh all-time large in $48,900. Past to Tesla’s announcement, the BTC cost was trading at the $30,000 to $41,500 scope for almost 3 months and […]

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Why India Should Buy Bitcoin

This corroborating info is trusted as blockchains, by their own character, use cryptography to make an immutable worldwide list of who paid what cash when to whom. Therefore, even though a business has a bug in its own internal database of Bitcoin trades, it may reconcile that payment with regard to this entry listed on […]

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Govt lists bill to ban Bitcoin in India, makes way for official digital currency by RBI

The budget session of Parliament is set to present a bill to prohibit private cryptocurrencies from India for example Bitcoin, Ether, Ripple. The Government has recorded a bill that will prohibit private cryptocurrencies from India and will offer an official electronic money which will be issued from the Reserve Bank of India. An RBI booklet […]

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There’s price reaction delay in bitcoin, here’s how investors can benefit

Bitcoin remains an inefficient economy compared to U.S. equities, meaning there is a cost delay between the time of a news thing along with bitcoin’s response, stated TradingView overall director Pierce Crosby. ‘There’s still a substantial delay between the first event and once the price really goes. In equity markets, you generally have occasions highly […]

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The False Narrative Of Bitcoin’s Role In Illicit Activity

Talking at a Senate Finance Committee hearing now, Janet Yellen,” presidentelect Joe Biden’s choice for Secretary of the Treasury, said crypto currencies are’a specific concern’ as it involves criminal actions and terrorist finances. Yellen lasted,’I presume lots of (crypto currencies ) are utilized, atleast at a trade sense, chiefly for illegal financing. And that I […]

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Bitcoin and Tesla have gotten the Fed’s attention

In my Bloomberg opinion writer John Authers:”’The risks far outweigh the possible rewards. The further people see of such mad behavior, the further people ought to prepare to take action contrary to a genuine investment bubble’ More widely, Bank of America Corp’s record of signs that historically signify a impending keep market correction in hazard […]

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No, bitcoin is not “the ninth-most-valuable asset in the world”

We usually do not signify that that the Bitcoin bros are revealing their bottoms into the remaining part of the entire world (well, perhaps not anyway). That which we suggest is the fact that Bitcoin was around on the skyward trajectory since it increased $20,000 for its very first time in mid-December, also about Wednesday […]

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Grayscale Hits $20 billion in AUM as Bitcoin’s Price Goes Wild

Crypto fund director closed 20 20 with an awesome $20 billion under its own wings. The advantage director, whose publicly-traded funds provide investors the ability (with a few hefty caveats) to exchange on the stock exchange, has raised its holdings ten times as the beginning of 20 20. ‘Here is to the following 10x at […]