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+16 +1
Two Thirds of Millennials View Bitcoin as Safe Haven (Survey)
A study by BanklessTimes revealed that 67% of respondents aged 27-42 consider bitcoin a safe haven. Previous polls have shown that millennials are among the most active demographic groups in the cryptocurrency space and have a friendlier outlook than older generations.
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+21 +1
Bank of America: It only Takes $93 million to Move the Bitcoin Price 1%
A 2021 report from US banking giant Bank of America (BofA) claimed that at a price-tag of $60,000, it only took $93 million in capital to move the Bitcoin price by one percent. Since then, the BTC exchange supply ratio dropped precipitously, per the latest data.
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+4 +1
Former Bank of China Adviser Calls to Lift Bitcoin Ban
Huang Yiping, formerly a member of the People's Bank of China's monetary policy committee, raised the idea that the country should review its ban on trading bitcoin (BTC) and other cryptocurrencies.
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+3 +1
Court of Appeal orders Tulip Bitcoin case to go to full trial
London’s Court of Appeal has sensationally announced that a claim by Tulip Trading Limited against 16 developers who are alleged to be responsible for the Bitcoin network will go to trial. Tulip’s claim alleges the developers owe ‘fiduciary duties’ and ‘duties of care’ to effectively police the Bitcoin network.
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+4 +1
Self-proclaimed bitcoin inventor's $2.5 bln lawsuit can go to trial
Self-proclaimed bitcoin creator Craig Wright's lawsuit against bitcoin network developers to try to recover billions of dollars can continue to trial, a London court said on Friday. The ruling paves the way for a trial on whether developers owe duties to the owners of digital assets – which a lawyer representing some developers said could pose a fundamental challenge to decentralised finance if Wright won.
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+16 +1
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
Despite a severe downturn, public blockchains continue to foster multiple revolutions and one of them is bitcoin (BTC), says ARK Invest in its 2023 Big Ideas research report. Bitcoin, in the eyes of ARK, is still predicted to close the decade at $1 million because its fundamentals are sound – despite a turbulent 2022.
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+4 +1
Bitcoin Premium Hits 60% in Nigeria as It Limits ATM Cash Withdrawals
The Bitcoin (BTC) price in Nigeria has soared well above market levels amid continued efforts by the central bank to push its citizens towards digitized cash. At the time of writing, the price of 1 BTC on the Nigerian NairaEX crypto exchange is currently 17.8 million Naira, which is equivalent to a whopping $38,792.
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+17 +1
Going Nuclear: Bitcoin Mining’s Potential Energy Future
Though the prevalence of bitcoin miners using nuclear energy at scale could take years to materialize, several players in the space are bullish on the prospect. Volatility around bitcoin and the general slow pace of movement in an often risk-averse power industry could serve as barriers though, industry participants said.
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+23 +1
ChatGPT learns Bitcoin will end central banking and fiat currency
ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, answering complicated questions and now spelling out the end of fiat currencies. Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin BTC tickers down would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.
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+27 +1
The developments of Bitcoin in recent years
Today, Bitcoin is still not widely adopted. However, 2020 and 2021 are considered a key period of validation for Bitcoin. During a bear market, investors moved away from riskier assets, but this is not the case for political institutions, which are still looking for a concrete regulatory framework for cryptocurrencies.
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+22 +1
Bitcoin: what is it? Is it still a good investment?
Bitcoin (BTC), the world's first cryptocurrency, is a decentralized digital currency that operates without the oversight of a central authority. This gives users complete control over their financial transactions, rather than relying on traditional financial institutions. Since its inception, Bitcoin has given rise to numerous other cryptocurrencies that have built upon its underlying technology. It has also gained popularity as an investment asset due to its potential for significant appreciation in value.
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+21 +1
Bitcoin enters the curriculum in US universities
A Texas university is the latest to offer a Bitcoin course for students. The course will teach Bitcoin programming. Bitcoin and cryptocurrency courses are becoming increasingly popular in colleges and universities across the United States. The latest institution to join the trend is Texas A&M University, which has announced that it will be offering a course on the "Bitcoin Protocol" to its students starting from January 17th.
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+19 +1
The Wild West days of Crypto are coming to an end
When bitcoin was created back in 2009, no one really paid any attention to it. It was considered a pet project of a few cypher punks on the internet. Fast forward to present times and it has become a giant that has become a commonplace name and birthed an entire industry, comprising thousands of coins and projects that came from it. Cryptocurrency has become so big that at the height of the bull run in 2021 its marketcap was three trilllion dollars.
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+26 +1
May the fireworks continue: three trends in Bitcoin that will strengthen in 2023
As podcaster Peter McCormack has often observed, almost everything happening has a Bitcoin angle nowadays. This might not be surprising as Bitcoin is money and money runs the world, but it is surprising how quickly Bitcoin has moved into the centre of political controversy, both in national debates and geopolitical struggles. So here are six things that happened in 2022. Six things that’ll show up again in 2023 — but in different forms and featuring different people.
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+16 +1
Bitcoin Could Crash to $5,000 and Crypto Market Cap Could Reach $100 Billion Value in 2023
Bitcoin and digital currencies are as yet faltering from the unexpected breakdown of crypto trade FTX last month (with even the greatest bitcoin price bulls abruptly paddling back their forecasts). The bitcoin price has found a bottom at around $17,000 per bitcoin in the wake of imploding from nearly $70,000 toward the end of last...
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+21 +1
Not Your Keys, Not Your Bitcoin – FTX Was Selling Fake BTC to Its Users.
In the series “Not your Keys, Not your Bitcoin,” I call to the stand Sam Bankman-Fried. The now-infamous SBF who just turned FTX and Alameda into the biggest fiasco in cryptocurrency history! When a case like this breaks out, you are (unfortunately) never at the end of the (bad) surprises. That's what's happening right now for FTX, with new revelations that have just come to light.
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+23 +1
Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed
A group chat including crypto leaders shows Binance’s Changpeng Zhao accusing FTX’s Sam Bankman-Fried of orchestrating trades to destabilize the industry.
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+16 +1
‘Why do we allow this stuff?’ Jamie Dimon says investing in crypto tokens is like buying ‘pet rocks’
Long time cryptocurrency skeptic Jamie Dimon, CEO of banking giant JPMorgan, has doubled down on his dislike of decentralized digital assets and likened crypto to useless “pet rocks.” In an interview with CNBC’s “Squawk Box” show on Tuesday, Dimon referred to crypto as “a complete sideshow” and said the broadcaster spends “too much time [focusing] on it.”
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+23 +1
Bitcoin Is the Rediscovery of Money
Bitcoin is the rediscovery of money. It is money reconsidered. It is the removal of counterparty risk. It is the purest, fastest, soundest money, re-imagined from the ground up. It is computational proof of historical events, building up an incorruptible history without relying on trust.
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+2 +1
Twitter and Square's Jack Dorsey: Bitcoin Will Be World’s Single Currency
Twitter and Square CEO Jack Dorsey recently had some remarkably positive remarks about bitcoin. Predicting the future of finance, he suggested that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years.
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