Roger Huang on how Bitcoin could one day be the world’s reserve currency

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You’d think early entrants to the Bitcoin space were a faceless group of super coders armed with powerful mining rigs and algorithms that sought to accumulate as much...

Binance limits daily withdrawals to $2,000 for basic accounts amid regulatory woes

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Major cryptocurrency exchange Binance today announced that users who passed only “Basic” verification soon won’t be able to withdraw more than 0.06 Bitcoin (roughly $2,000) worth of funds...

After El Salvador warning, IMF says accepting Bitcoin as national currency is “a step...

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The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability.In...

Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

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Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter of 2021—which was “partially offset”...

Amazon rumours lead to $1 billion in crypto ‘shorts’ getting liquidated

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Data from market tool Bybt shows nearly $1 billion worth of ‘short’ traders—individuals betting on a market decline—were liquidated this morning, with $750 million of that amount coming...

Ex-fund manager pegs Bitcoin at $2 million by 2031. But that’s a $45 trillion...

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Greg Foss, the Executive Director of Validus Power Corp, which uses flare gas to mine Bitcoin, lays out the case for a $2 million BTC price.Although sky-high price...

Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold $1bn in Bitcoin

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Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its...

Bitcoin could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May

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Scott Minerd, chairman and chief investment officer of asset management giant Guggenheim Investments, said the crypto market’s ongoing slump is still far from over as Bitcoin could slide...

The people of El Salvador are protesting against Bitcoin bill

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President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of...

Elon Musk flips positive on Bitcoin (BTC), but the damage is already done

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Tesla CEO Elon Musk has flipped positive on Bitcoin once again. Speaking during yesterday’s The ฿ Word conference, Musk said the mining sustainability situation has improved since he...

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XRP jumps 19% as Ripple announces ODL corridor in crypto-friendly Japan 

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Ripple transfers 60 million XRP even as US SEC lawsuit crawls onTo bolster its fair notice defence in a lawsuit filed by the...

Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

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Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter...

Malaysian regulators order Binance to disable operations within 14 days

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End of an era? Binance’s CZ to possibly step down amidst regulatory tensionsAs one of the top cryptocurrency exchanges continues adapting to the...

El Salvador to officially adopt Bitcoin as legal tender on September 7

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Payment processors that facilitate the immediate transfer of crypto into fiat currency and enable acceptance of Bitcoin (BTC) payments for e-commerce, point-of-sale, invoicing...