Earlier this week, the team at Citi Group released a report explaining that Bitcoin was at a tipping point and could in the next seven years, ‘become the currency of choice for international trade’. …
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Bitcoin payments will be accepted by Major Canadian Car Dealer
Quebec-based car dealer HGreg has announced that it will start accepting cryptocurrencies in a press release. HGreg president John Hairabedian expects the bold move to improve clients’ shopping experience: Our desire to …
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SEC nominee chairman Gary Gensler calls cryptocurrencies “catalyst of change”
Gary Gensler, President Joe Biden’s nominee to spearhead the Securities and Exchange Commission, has told the Senate Banking Committee that he would promote cryptocurrency innovation during his March 2 confirmation hearing when asked cryptocurrency regulations. …
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Bitcoin Options Traders To Take Bullish Bets on $75K and Higher By Summer
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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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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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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Bridgewater analyst: Bitcoin is an alternative to gold, not a currency
Rebecca Patterson, the director of investment research at Bridgewater Associates, said bitcoin could be better compared to gold than a currency due to the similarities between both assets, thus, supporting …
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