Top cryptocurrency Bitcoin could tumble below $30,000 this year as the air comes out of the crypto bubble, according to US investment firm Invesco’s list of “improbable but possible” outcomes for 2022. “The mass marketing of Bitcoin reminds us of the activity of stockbrokers in the run-up to the 1929 …
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Block founder and CEO Jack Dorsey said on Thursday that his fintech firm is building an open bitcoin mining system, as it looks to expand beyond its payment business and into new technologies like blockchain. “We’re officially building an open bitcoin mining system,” he tweeted. In a tweet thread, Block’s …
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The world’s biggest digital asset, bitcoin, fell for a seventh straight day, marking its longest losing streak since 2018, as the crypto market contends with new strains of Covid-19, inflation and a hawkish turn of the US Fed. The steep sell-off, attributed to these factors, sent bitcoin plummeting to $40,800 …
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The best indication of the changes affecting our financial system is the rise of two new interrelated phenomena: Cryptocurrency and NFTs. Both emerged from a libertarian idea to bypass state apparatuses and establish direct communication between concerned parties. However, in both cases, we see how the idea turned into its …
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Bitcoin dropped to trading levels not seen in more than three months on Friday, down 40% from its all-time high of $69,000 recorded in November, amid a broader sell-off for cryptocurrencies. The world’s number one digital currency fell at one point by as much as 3.7% to $40,938, its lowest …
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Bitcoin has seen a sharp decline as protests continue in Kazakhstan, the world’s second-largest mining hub, where internet was shut down, forcing local miners to switch off their equipment. The world’s leading cryptocurrency has dropped to $42,786, which marked a daily drop of nearly 8.5%, extending losses recorded during the …
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The 2021 performance of all three major cryptocurrency media darlings – Bitcoin, Dogecoin, and Shiba Inu – was overshadowed by Ether, which surged over 400% this year. While the others were grabbing headlines, Ether was securing market attention, it seems. As of Friday, December 31, it was up 410%, according …
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The true identity of Bitcoin creator Satoshi Nakamoto, who has been one of the financial world’s enduring mysteries, is still unknown. However, Elon Musk says he might have the answer. Musk says hyper-secretive cryptocurrency expert Nick Szabo might be the creator of the world’s most popular cryptocurrency. “You can look …
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Salon le Mesnil’s 2002 vintage bottle soared over 80% in value in 2021 on LiveTrade, which runs the ‘Bordeaux Index’ of alcoholic drinks, as well as on another wine platform, Liv-ex, now selling around $15,700 a bottle. This is more than what Bitcoin accomplished with its 75% rise, and far …
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It was unclear how exactly the culprits gained access to the @narendramodi handle or for how long it was compromised, but once the issue was raised with Twitter support, the account was “immediately secured,” the Prime Minister’s Office (PMO) said in a tweet of its own. At least one of …
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