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El Salvador President Nayib Bukele Adds 150 New Bitcoins, Thanks IMF For Being Critical of His Crypto Ambitions
Tuesday, September 7, 2021 - 5:50pm | 551According to TradingView data, Bitcoin (CRYPTO: BTC) plunged by nearly 19% on Tuesday from the day's high of almost $53,000 to a low of under $43,000. This marks the first day Bitcoin became legal tender in El Salvador, the first country to adopt crypto as a...
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'Elon Musk Is A Tourist In Crypto,' Says Celsius CEO Alex Mashinsky Who Predicts $160K BTC By Year End
Monday, June 28, 2021 - 8:01am | 487What Happened: Alex Mashinsky, CEO of crypto lending platform Celsius, believes that Bitcoin (CRYPTO: BTC) hasn’t reached its highs for 2021 just yet. In an interview with Cointelegraph at the Bitcoin Miami conference, Mashinsky said, “I do see us going all the way to $160,000 this year...
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MicroStrategy Seeks $400M Via Institutional Debt to Purchase Bitcoins; Takes $285M Bitcoin Impairment Charge Hit
Monday, June 7, 2021 - 11:35am | 204MicroStrategy Inc (NASDAQ: MSTR) plans to offer $400 million senior secured notes due 2028 in a private institutional offering. The offering proceeds will be utilized to acquire additional bitcoins. MicroStrategy purchased 20,857 bitcoins for $1.086 billion in Q1. It bought 253...
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Fintech Focus For April 19, 2021
Sunday, April 18, 2021 - 7:54pm | 2187Quote To Start The Day: "The journey of a thousand miles begins with one step." Source: Lao Tzu One Big Thing In Fintech: Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful...
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How Blockchain Can Be A Solution For Cyber Crime And More Right Now
Thursday, January 3, 2019 - 12:26pm | 1522We've frequently been on the beat when it comes to blockchain and how it can be a resource for the emerging cyber crime space. The issue of cyber crime and how blockchain is a plausible solution for many of these types of crime is now on the radar on the of the Department of Homeland Security (...
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Bitcoin Goes Through The Roof After CME Plans Bitcoin Futures
Wednesday, November 1, 2017 - 10:46am | 640The breathtaking rally in bitcoin continues unabated, with the most popular among a myriad of cryptocurrencies hitting a fresh high of $6,600.84 Wednesday. The trigger for the most recent record run is indication from the CME Group Inc (NASDAQ: CME) that it would launch bitcoin futures in the...
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ICE CEO And NYSE Chairman On New Growth Areas, Bitcoin And The Pull Of Youth
Friday, June 5, 2015 - 12:15pm | 472Shares of exchange operator Intercontinental Exchange Inc (NYSE: ICE) are up around 20 percent year-over-year, and the company is exploring newer areas for growth like bitcoins. Jeff Sprecher, ICE CEO and NYSE chairman, was on CNBC recently to discuss the company’s growth and its investment...
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Bitcoin Moves From $339 To $680 In Two Months: Could It Go Above $1,200?
Wednesday, June 4, 2014 - 3:45pm | 623Bitcoin hit a low of $339 just two months ago and went on to hit a high of $680 on June 3, according to leading exchange Bitstamp. The question now on everyone’s mind is: is bitcoin headed higher? 2013 Price Explosion and 2014 Optimism In 2013, Bitcoin rocketed from $13 to above $1...
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First Bitcoin Bank To Launch This Summer
Thursday, May 8, 2014 - 2:29pm | 342Bitcoin ATM-maker Robocoin is launching the very first Bitcoin bank. All of Robocoin's bitcoin ATMs will now become branches of the Robocoin bank. New features include secure deposits with 100 percent cryptographic provable reserves, instant bitcoin-to-cash withdrawals and the fastest way to...
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Bitcoin Is Not Just A Volatile Bubble
Monday, May 5, 2014 - 3:01pm | 893Robert Wagner, a research analyst at Seeking Alpha, has recently argued that bitcoin is a bubble in the process of popping due to its volatility. That may not be the case, however. Bitcoin Is A Bubble Bitcoin is not a bubble. Bitcoin is in a price discovery phase at the moment and the outcome...
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Will Bitcoin Be A Champion Like The Connecticut Huskies?
Tuesday, April 8, 2014 - 4:00pm | 644Monday night the Connecticut Huskies defeated the Kentucky Wildcats to take the NCAA championship trophy. The Huskies won by forcing turnovers, hitting their free throws and using their experience. A 7th seed in the tournament, the Huskies were an underdog. Only the most loyal of fans...
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What Companies Accept Bitcoin?
Monday, February 3, 2014 - 5:26pm | 1056Bitcoin, the digital currency, has been growing in popularity over the past few months -- and a lot of major companies and organizations have been taking notice. Here are some other companies that support the crypto-currency: Overstock.com (NASDAQ: OSTK)- Probably the biggest retailer...
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Bitcoin Rallies Above $1,000 in Early 2014 Trading
Monday, January 6, 2014 - 4:40pm | 503Bitcoin, a virtual currency that was trading for about $13 a year ago, got off to a strong start in 2014, reaching as high as $1,093 in early Monday trading on the Mt.Gox exchange. The digital cryptocurrency (meaning it uses cryptography for security) got a strong boost from news that Zynga (...
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Richard Branson Has Virgin Galactic Accepting Bitcoins
Friday, November 22, 2013 - 11:43am | 397Virgin Galactic sold its first ticket purchased with bitcoins Friday, marking another success for the Internet currency as its value continues to fluctuate. Richard Branson video-phoned CNBC's Squawk Box Friday morning to discuss his decision to accept the digital currency. He offered host Andrew...
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Will Bitcoin Die With the Online Black Market 'Silk Road'?
Thursday, October 3, 2013 - 7:56am | 438‘Silk Road’ was an online underground black market where thousands of drug dealers and hitmen offered their products and services. This Wednesday, the site went down and displayed the banner posted by the Justice Department, FBI, IRS, DEA and Homeland Security, which stated: “This hidden site...