Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days. According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin …
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Green and clean Bitcoin (BTC) are opening new markets on OTC
One bitcoin is one bitcoin, exchangeable for another in a fully fungible manner on global exchanges that operate 24/7, 365 days a year. But in Over the Counter (OTC) markets, …
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Jack Dorsey’s Square to acquire Afterpay for $29B and will allow buying bitcoins
Popular mobile payments platform Square announced today that it has agreed to acquire Australian financial technology company Afterpay via a multi-billion recommended court-approved “Scheme of Arrangement.” The Jack Dorsey-led company …
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German institutional funds allowed up to 20% in crypto holdings
According to a new law coming into effect next week, some German investment funds will be able to hold up to 20% in digital assets. This comes amid growing demand …
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Mike McGlone: ‘Bitcoin, Gold and US Treasury bonds to become top performers’
Bloomberg’s chief expert on commodities, Mike McGlone, has shared his take that in the second half of 2012, Bitcoin and two other major assets are likely to become top performers …
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Utah oil producer is using otherwise wasted gas to mine Bitcoin (BTC)
Wesco Operating Co., an oil producer near Moab, Utah, found in Bitcoin a solution to a years-old problem – the wastage of natural gas that can’t be shipped to market, The …
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After El Salvador warning, IMF says accepting BTC as national currency is “a step too far”
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 their official blog post, …
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Digital Assets Data CEO: 1 Bitcoin ‘will be worth $1,000,000 in under 10 years’
On Tuesday (July 27), Mike Alfred, Co-Founder and CEO of NYDIG subsidiary Digital Assets Data, gave his long-term price prediction for Bitcoin. On Jan 11, NYDIG announced that it had acquired Digital Assets Data, …
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Bitcoin dominance inches closer to 50 % as BTC Revisits $40K
Bitcoin’s market share has spiked to 49.15 percent, its highest level since May 3, according to TradingView data. However, it is still down nearly 33 percent from its Jan. 3 …
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Sentiment turns bullish as Bitcoin (BTC) rockets past $38K
In an explosive market recovery, Bitcoin has blasted past $38K to make over 25% weekly gains. The bearish mood began to shift on Wednesday, when Elon Musk appeared at the “The B Word” conference …
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