Category: Bitcoin
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Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions
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As the 2024 BRICS summit gets underway in Kazan, Russia, crypto-related discussions have taken center stage. Lawmakers from Brazil, Russia, India, China and South Africa are exploring the possibility of Russian miners leveraging Bitcoin in international trade, with the aim of circumventing tough sanctions imposed by the United States. Lawmakers…
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$200,000 Bitcoin In 2025? $791 Billion Firm Calls It ‘Conservative’
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This article is also available in Spanish. Bernstein Research, the prestigious research arm of global asset manager AllianceBernstein, expects the price of bitcoin to reach $200,000 by the end of 2025. The firm, which manages $791 billion in assets as of August 2024, describes this forecast as “conservative” in Its…
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Vitalik Buterin Labels Michael Saylor’s Bitcoin Comments ‘Batshit Insane’
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Statements made by a famous executive from a Bitcoin development company, in which he called on large financial institutions to acquire Bitcoin, Disappointed Cryptocurrency community. Michael Saylor, CEO of MicroStrategy, is now at the center of strong criticism after he said it would be better for Bitcoin to be in…
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Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive
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This article is also available in Spanish. Bitcoin has seen an impressive rally since early September, rising 31% from local lows of around $53,000. However, after testing the $69,500 supply level, the cryptocurrency is facing selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000,…
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Bitcoin Is No Fait Accompli
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Follow Aaron on our or X. Perhaps the biggest cultural shift in my eleven years of working on Bitcoin has been the move from the tinkering techies who stress “never invest more than you are willing to lose,” to the Michael Saylors of this world telling everyone to sell their…
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Former-CEO Of Mine Digital Accused Of $1.5M Bitcoin Heist
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Grant Cultho, the former CEO of Australian cryptocurrency exchange Mine Digital, appears to be facing legal trouble. According to A press releaseColthu is now facing fraud charges for allegedly embezzling US$1.47 million (AU$2.2 million) from a client. The statement revealed that the customer intended to use the funds to purchase…
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Former-CEO Of Mine Digital Accused Of $1.5M Bitcoin Heist
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Grant Cultho, the former CEO of Australian cryptocurrency exchange Mine Digital, appears to be facing legal trouble. According to A press releaseColthu is now facing fraud charges for allegedly embezzling US$1.47 million (AU$2.2 million) from a client. The statement revealed that the customer intended to use the funds to purchase…
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Bitaxe And The Open-Source Bitcoin Mining Movement
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Company Name: Betax Founders: shot Establishment date: Early 2023 Headquarters location: North Carolina + remote team The amount of Bitcoin held in the vault: nothing Number of employees: ~12 regular contributors Website: https://bitaxe.org/ Public or private? Open source project (not company) BetaxThe company’s founder, who goes by the name Skot,…
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Bitaxe And The Open-Source Bitcoin Mining Movement
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Company Name: Betax Founders: shot Establishment date: Early 2023 Headquarters location: North Carolina + remote team The amount of Bitcoin held in the vault: nothing Number of employees: ~12 regular contributors Website: https://bitaxe.org/ Public or private? Open source project (not company) BetaxThe company’s founder, who goes by the name Skot,…
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Bitcoin Yield On Dollars? Yes, Please.
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Follow Frank on X. this morning, river It announced a Bitcoin Interest on Cash feature in which it will offer a 3.8% interest rate – paid in Bitcoin – on the dollars you leave in the exchange’s custody, which are FDIC insured up to $250,000. This return is similar to…
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India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co.
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India leans towards total ban of private cryptocurrencies such as Bitcoin and Ethereum in an attempt to regulate risk in their current volatile market. The government said it would favor central bank digital currencies (CBDCs), because they offer all the benefits of private cryptocurrencies, without the potential for instability or…
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Prediction Markets Are Pricing In A Trump Victory. This Is Good For Bitcoin
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Follow Nicholas on X here Earlier today, Vivek discussed why he believes cryptocurrency native Polymarket, the world’s largest prediction market, is biased towards Trump in the upcoming US presidential election. Although this is reasonable given the arguments he makes, I still think he may not be as biased as he…
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Prediction Markets Are Pricing In A Trump Victory. This Is Good For Bitcoin
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Follow Nicholas on X here Earlier today, Vivek discussed why he believes cryptocurrency native Polymarket, the world’s largest prediction market, is biased towards Trump in the upcoming US presidential election. Although this is reasonable given the arguments he makes, I still think he may not be as biased as he…
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A Spoonful of Bitcoin: How Mary Poppins Awakens Us to Financial Sovereignty
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Follow Mark on X. In the heart of London, amid the smog and booming industrial age, a story is unfolding that is as relevant today as it was more than half a century ago. Mary Poppins, a tale woven with magic, whimsy, and a touch of the surreal, unexpectedly serves…
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Expert Sets $285,000 Bitcoin Target Based On Quantile Model
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This article is also available in Spanish. Sina — professor, consultant, co-founder and COO of 21stCapital.com — predicts that the price of Bitcoin could rise to $285,000 by the end of 2025 in a new analysis shared on X. Using a quantile regression model, Sina identifies distinct phases in a…
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Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000
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This article is also available in Spanish. the Bitcoin price It briefly collapsed below $67,000 on October 21, though it quickly regained that level as support before the daily close. This drop in prices is believed to be due to its correlation with the stock market, which has also seen…
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Saylor’s Latest Remarks Shock The Bitcoin World: What He Said
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Recently interview With journalist Madison Ready, Michael Saylor, CEO of MicroStrategy, has sparked huge controversy within the Bitcoin community with his remarks on custody and regulation. The discussion centered around the risks associated with large institutions holding large amounts of Bitcoin and the possibility of government seizure or confiscation, reminiscent…