Jerome Powell Swipes At Bitcoin, Currency Falls
Bitcoin has taken a nasty hit in recent days. The world’s number one digital currency by market cap – which was previously trading in the $58,000 and $59,000 ranges –…
Bitcoin Takes A Serious Dip Following Expiration Of Options
Where the heck is bitcoin planning to go in the coming weeks? The number one cryptocurrency by market cap has decided to take a turn for the worse, diving into…
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Survey Shows 77% Of Americans Are Concerned About Rising Inflation, Prices For Goods Are Soaring
Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter…
Governments Are Considering Welcoming Bitcoin Investments, NYDIG CEO Reveals
Robert Gutmann, the CEO of cryptocurrency investment firm NYDIG (New York Digital Investment Group), has revealed that governments are contemplating investing in Bitcoin. In an interview with Raoul Pal, the…
Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin As Demand Soars And Price Jumps 10x
Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of…
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Hut 8 Purchases $30M Worth Of Nvidia’s GPU Miners, Looks To Push Capacity To 1,600 Gigahash
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine…
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Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink
The price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400…
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DMG And Argo To Launch A Clean Energy-Focused Bitcoin Mining Pool
The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining…
Bitcoin Is At An “Inflection Point,” Says Soros Fund Management CIO
As Bitcoin’s price consolidation continues ever since it hit an all-time high of $61.7k earlier this month, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at…
US Government Is Likely To Ban Bitcoin, Says Ray Dalio
Ray Dalio, the founder of Bridgewater Associates hedge fund firm, believes that the US government could ban Bitcoin if the leading cryptocurrency becomes too successful. In an interview with Yahoo…