Institutional traders look to be positioning for a bitcoin price rally to $75,000 and beyond in the coming months, according to options market data. “On Monday, some block traders took …
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Turkish Finance Ministry will study cryptocurrency with local regulators
Turkey made itself a name as a crypto-friendly country with a “wait and see” approach to digital assets, but that could be about to change, as the government is now …
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China’s Inner Mongolia Plans To Suspend Bitcoin Mining
China’s Inner Mongolia region will suspend Bitcoin mining before the end of April, according to the government’s new energy-saving plan. China is currently the most active country for Bitcoin mining, controlling 65% of Bitcoin’s …
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Cathie Wood: Janet Yellen Doesn’t Understand Cryptocurrency, Bitcoin Far More Energy-Efficient Than Gold
Hedge fund heavyweight Cathie Wood of ARK Invest says U.S. Treasury Secretary Janet Yellen doesn’t understand cryptocurrencies and Bitcoin. In a new video, Wood addresses Janet Yellen’s recent assertion that Bitcoin is …
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On-Chain Data Shows Bitcoin Whales Bought the Dip
On Feb 28, the Bitcoin price cratered below $44k, forcing some traders to liquidate their positions and book profits. Amid the panic, whales were buoyant and confident, scooping BTC at …
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Jurrien Timmer Thinks Bitcoin Has ‘Unique Advantage’ Over Gold
As Bitcoin goes mainstream, joining the ranks of its supporters is Jurrien Timmer, the director of Global Macro at Fidelity, a large financial services company that controls more than $3.3 …
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Banking giant Goldman Sachs to Trade Bitcoin Futures
Goldman Sachs, one of Wall Street’s biggest banks, has decided to give its cryptocurrency trading desk another go, according to a March 1 Reuters report. It will start trading Bitcoin futures as …
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Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs
On March 1 cryptocurrency investors woke up to the sight of Bitcoin (BTC) rising from it weekend correction to $44,000 as the market found its bullish momentum and altcoins rebounded …
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Citi: Bitcoin at ‘Tipping Point’ as Institutions Come on Board
Bitcoin is at the “tipping point of its existence” thanks to large institutional investment and growing regulatory groundwork, according to a new report by Citi obtained by CoinDesk. While the …
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The government of Belarus is exploring the possibility of switching to crypto-mining
Belarus is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC). The Ministry of Energy of the Republic of Belarus officially announced Friday that it …
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