Bitcoin this week showed another 5-10% gain with various bullish signals appearing on both the price chart and on-chain data, including large exchange outflow, increased hashrate and 16% of the currency supply in profit. According to current …
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The professor of finance describes Bitcoin as millennials’ gold
The Indian professor Aswath Damodaran opined that bitcoin is the equivalent of gold for young investors. According to him, millennials do not find the precious metal that tempting as their …
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AMC Entertainment has plans to accept Bitcoin (BTC) by end of the year
AMC Entertainment, the world’s largest movie-theater operator, plans to accept bitcoin as payment for movie tickets and concessions at its US locations by the end of this year, CEO Adam Aron said …
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Venmo is letting users convert cash-back to Bitcoin (BTC) for free
CNBC reported that the popular payments app Venmo launched a credit card feature Tuesday to allow users to convert their cash-back rewards into bitcoin – free from transaction fees. Although not …
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Bitcoin confidently moves toward $47,000 resistance
Multiple short-term time frames are showing weakness, suggesting that BTC might be approaching a top. BTC has been increasing since July 20 after it reached a local low of $29,278. …
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Institutions are buying Bitcoin (BTC) like it’s late 2020
Bitcoin reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10, derivatives reserves totaled 1.256 …
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AMC entertainment to accept Bitcoin (BTC) payments for movie tickets
According to AMC CEO Adam Aron, the movie theater chain will have the IT systems in place to accept bitcoin payments by the end of 2021. He made the comments …
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AMC theatres to accept Bitcoin (BTC) payments by the end of 2021
The large US movie theatre chain, AMC Theatres, will add bitcoin as a payment option by the end of the year, said the organization’s CEO Adam Aron. Thus, the number …
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Bitcoin (BTC) ‘golden cross’ due in days as bears draw a line at $47K BTC price
Bitcoin returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark …
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Share of Bitcoin (BTC) transactions worth $1M or more surges by 70% within a year
In the previous 11 months, the dominance of Bitcoin (BTC) transfers worth $1 million or more has increased from 30% to 70%. Bitcoin transactions over $1 million or more have grown significantly …
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