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+2 +1
Bitcoin surges 6% to top $20,000, its highest level in more than a week, even as stocks hit 2022 lows
Bitcoin topped $20,000 on Tuesday, hitting its highest level in the more than a week, but is still struggling to break out of its tight trading range. The world’s largest cryptocurrency was more than 6% higher at $20,193.90 at around 7:14 a.m. ET, according to data from CoinDesk.
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+4 +1
South Korea Taps Crypto Exchanges to Freeze $67M of Do Kwon’s Funds
South Korea is making efforts to freeze around $67 million in bitcoin linked to Terraform Labs founder Do Kwon, according to Bloomberg. The move comes just days after Interpol issued a red notice to find and arrest Kwon, suspected of violating South Korea’s financial laws.
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+4 +1
Visit The Guatemalan Lake Town Mining Bitcoin With Used Cooking Oil
A circular bitcoin economy in Guatemala is using resources that would otherwise be wasted to fuel a local bitcoin mining operation, giving its resident financial autonomy and demonstrating a viable economic path outside of the government-controlled economy.
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+3 +1
Craig Wright Tells Court He ‘Stomped on the Hard Drive’ Containing Satoshi Wallet Keys
Craig Wright told a Norwegian court on Wednesday that he “stomped on the hard drive” that contained the “key slices” required to grant him access to Satoshi Nakamoto’s private keys, making it “incredibly difficult” to cryptographically prove he is the creator of Bitcoin – a title he has claimed but failed to prove since 2016.
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+11 +2
How The Incentives Of Proof-Of-Work Are More Fair Than Proof-Of-Stake
As Ethereum completes its transition to proof-of-stake consensus, I can’t help but notice the plethora of articles citing a 99% reduction in energy usage. The claims, however true, are misguided and counterproductive.
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+18 +2
The bitcoin crash of 2013: Don't you feel silly now?
People who thought that bitcoins could serve as either an investment vehicle or an alternative world currency got their heads handed to them on Thursday and Friday. That’s when the price of the attention-grabbing crypto-currency got crushed, falling from a quoted $1,200 per “coin” to less than $600. At this writing, it’s quoted on the Mt. Gox exchange at about $830.
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+17 +3
Pierre Poilievre's Conservative leadership victory
On Saturday, Pierre Poilievre was elected leader of the Conservative Party of Canada. Pierre is a partisan firebrand who blames Canada’s inflation on Justin Trudeau’s Liberal government and opposes vaccine requirements.
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+20 +2
23,000 Extra Bitcoins! Microstrategy Uunveils Its New Purchase Plan
MicroStrategy has just announced that it has completed a private financing round of $500 million. This operation aimed at institutions will enable the issue of securities with an annual return of 6.125%. The amount raised will be used exclusively for the purchase of bitcoins in order to strengthen MicroStrategy’s position as the king of cryptocurrency assets.
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+21 +5
No, we are not going to "tokenize everything“
Sometimes I forget how slow things are in the „real“ world. I’m sure many of you will remember the good old days of 2017 when we were told that „everything will be tokenized“. Well, five years later, not many people in „crypto“ still stick to that line. But when you talk to bankers, they still just love the idea. Gives them something to do. A project. Something to work on for a few years. Real estate on the blockchain, stocks on the blockchain, bananas on the blockchain.
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+22 +4
El Salvador faces significant paper losses after a year of buying bitcoin
El Salvador placed a big bet on bitcoin exactly a year ago, making it an official legal tender alongside the U.S. dollar and filling its coffers with the cryptocurrency in a series of purchases. However, the country appears to be facing significant losses related to its bitcoin buys, at least on paper.
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+15 +4
What Makes Bitcoin More Valuable Than Gold And Fiat
Since it was created in 2009 by the pseudonymous Satoshi Nakomoto, Bitcoin has become increasingly popular and valuable, garnering worldwide attention. In April 2021, Bitcoin’s market capitalization crossed the $1 trillion mark, making it a more attractive investment option for many when compared to gold. However, there are underlying principles that determine what constitutes money in an economy. Can we use mangoes as currency? No, it lacks some critical elements that are necessary to establish the value of an asset.
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+18 +3
In Bear Crypto Markets, All Roads Lead To Bitcoin
In the beginning, Satoshi created bitcoinBTC. And he said, “Let there be blockchain,” and there was blockchain. A dozen years is an epoch in tech, and since the Bitcoin network's genesis, a lot has changed in the world of crypto. From a Cambrian-style explosion of altcoins to smart contracts and decentralized finance, on-chain innovations have left Bitcoin looking antiquated.
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+15 +2
Bitcoin price dips 14% in August as trader warns of ‘macro drop down’
Bias is trending towards ever lower levels for Bitcoin after BTC price performance fails to preserve $20,000 at the August close. Bitcoin (BTC) has sealed its worst August performance since 2015 after the monthly candle closed down 13.9%.
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+20 +1
Bitcoin's One Month Supply Has Reached A Historical Low
Bitcoin supply aged one week to one month has now dropped to the historical low. Short-term buying appears to be decreasing in the BTC market
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+17 +4
Bitcoin plunges below $20K, may reach $10K level this year
After showing some stabilisation in the last few weeks, world's largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell's keynote address.
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+3 +1
Will This Be the First Country Bankrupted by Crypto?
SIX DAYS BEFORE El Salvador’s Bitcoin Law went into effect, Mario Gómez was dragged from his car, handcuffed, and detained. There was no arrest warrant for the software developer, who had taken to his personal Twitter account to inform the Salvadoran public about the cryptocurrency that was soon going to become the official tender in the Central American country, while questioning the government’s motives for adopting it.
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+15 +5
One of the largest Bitcoin (BTC) ATM makers goes public
Bitcoin Depot, North America’s largest retailer brand of Bitcoin (BTC), is to go public in an $885 million SPAC merger. The company currently has over 7,000 distributors across the United States and Canada and currently holds over 19% of the global market share.
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+22 +4
Crypto’s massive marketing efforts have drawn few new investors
The majority of Americans remain immune to the industry’s sales pitches, Pew survey finds.
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+1 +1
Which type of cryptocurrency exchange is best to start an exchange business?
Our highly skilled cryptocurrency developers build a cryptocurrency exchange platform Binance. Our cryptocurrency development services allow you to get benefit
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+14 +2
Crypto ATM Firm to Go Public with $885M SPAC Deal
Bitcoin Depot is set to go public through a SPAC deal that will value the U.S. crypto ATM firm at around $885 million, according to Wall Street Journal. The deal comes amid a difficult year for both cryptocurrencies and SPACs, with many keen to see investors’ interest in crypto ATMs which have been criticized for high fees and crimes.
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