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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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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Turkish Finance Ministry will study cryptocurrency with local regulators
Turkey made itself a name as a crypto-friendly country with a “wait and see” approach to digital assets, but that could be about to change, as the government is now …
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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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