A recent report by CNBC’s Hugh Son states that JPMorgan Chase co-president Daniel Pinto is keeping an open mind about Bitcoin, signaling confidence that the bank might get involved if the cryptocurrency becomes a broadly …
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Elon Musk Triggers A $1.2 Billion Price Short-Squeeze
Elon Musk, the billionaire chief executive of electric car-maker Tesla TSLA +0.8%, has single-handedly added thousands of dollars to the price of bitcoin in recent weeks—with other groundbreaking developments sending it still higher.
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Bitcoin’s market cap has surpassed $900 billion for the first time
Bitcoin, the largest cryptocurrency, has exceeded the cumulative market capitalization of JPMorgan Chase, Bank of America, and Wells Fargo.
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First Bitcoin ETF approved in Canada. It the first North American Bitcoin ETF
A Bitcoin exchange-traded fund for investment firm Accelerate Financial has been approved in Canada. This makes it the first officially approved Bitcoin ETF in North America after the Ontario Securities …
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Miami is to officially become USA’s biggest Bitcoin hub
Miami’s City Commission has successfully passed a resolution proposed by Mayor Francis Suarez that allows municipal employees to get paid in Bitcoin. The workers of the Magic City will be able to …
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Uber CEO says the company will accept Bitcoin if there’s a benefit from it
Uber CEO Dara Khosrowshahi has said that the company will accept bitcoin and other cryptocurrencies as a form of payment if there are a benefit and a need for it. …
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Bitcoin’s Price Has Painted A New All-Time High
Bitcoin broke another record, breaking the previous all-time high and setting a new one at around $48,480. This comes right after Mastercard announced they would potentially integrate cryptocurrencies in their …
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America’s Oldest Bank is opening its doors to Bitcoin
Bitcoin embraced by the Bank of New York Mellon Corp., the oldest banking institution in the U.S., according to a Feb. 11 report by The Wall Street Journal. The bank will …
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Bitcoin may solve Kenya’s problems with its devaluating national currency
Bitcoin’s adoption could reach a significant milestone as Kenya’s Central Bank has made a proposition to switch to BTC while the Shilling keeps depreciating. Kenya’s national currency, the Shilling, has …
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Bitcoin shows double bullish confluence. What’s the next target?
A confluence of two classic technical indicators suggests Bitcoin will hit $50,000 in the short-term. Dubbed as Bull Flag and Bull Pennant, both the patterns represent a period of consolidation after …
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