Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dropped $1,800 after January’s CPI print came in at 7.5%. Despite being 0.2% higher than expected, surging inflation failed to have the positive impact …
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Second-richest man in Russia chooses to back the digital ruble over Bitcoin (BTC)
Vladimir Potanin has expressed his preference for CBDCs, and tokens backed by real-world assets over private crypto. The country’s second-richest man said this in a recent interview with Bloomberg. Potanin …
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Ukraine is using Bitcoin (BTC) to ‘crowdfund war’ with Russia
As tensions on Ukraine’s border continue to mount, Ukrainian non-governmental organizations (NGOs) are seeing a sharp rise in Bitcoin donations, according to a new report by blockchain analytics company Elliptic. These aren’t …
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Bitfinex hackers arrested; 94,000 Bitcoin (BTC) seized
The US Justice Department has announced the arrest of two individuals for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, one of the …
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KPMG in Canada adds Bitcoin (BTC) and Ethereum (ETH) to its treasury
Big Four auditor KPMG’s Canadian operation has officially added Bitcoin and Ether to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital …
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Valkyrie Bitcoin (BTC) mining ETF “WGMI” approved for Nasdaq listing
Crypto asset management firm Valkyrie will have a new exchange-traded fund (ETF) listed on the Nasdaq this week. The stock exchange will be listing Valkyrie’s new ‘Bitcoin Mining ETF,’ an …
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California-based craft superfood chain moving to Bitcoin standard and converting all its cash to BTC
California-based craft superfood chain Everbowl has announced it’s moving its business operations to a Bitcoin standard, in which it will be converting cash reserves into the flagship cryptocurrency. According to …
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Co-founder and former CEO of Twitter deems Diem project a waste of time, suggests Meta to focus on Bitcoin
Jack Dorsey, the founder of Twitter, recently said that the project is a complete waste of effort and time. Dorey stated that such actions should have been directed positively by using Bitcoin, …
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Bloomberg: Bitcoin (BTC) $40,000 rebound is more of “a floor than a ceiling” with $100,000 in play
A new report by Bloomberg published on February 6, 2022, indicates that Bitcoin is poised for further price growth despite starting the year with massive correction. The Bloomberg Intelligence: Crypto Outlook report states that …
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Bitcoin shows bullish momentum, has broken out above a descending resistance line
Bitcoin had been decreasing underneath a descending resistance line since reaching an all-time high price on Nov 10. The downward move led to a local low of $32,917 on Jan …
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