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10% of BTC holders could fall into unprofitable positions

10% of BTC holders could fall into unprofitable positions

Bitcoin is trading around $38,385 on Monday, May 2, still struggling against the bearish pressure seen over the past few months. The flagship cryptocurrency, which hit prices near $70,000 last November, is down 44% since

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Will The Amendments In The FOMC Meeting Slash Down Bitcoin Price To $28K This Weekend?

Will The Amendments In The FOMC Meeting Slash Down Bitcoin Price To $28K This Weekend?

The global crypto market has now sailed back to the anxiety and curiosity of the FED’s FOMC meet. The amendments of which would go public this coming Wednesday. Whilst novices in the business continue to

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Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’

Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’

Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that

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Peter Brandt Predicts $28,000 for Bitcoin

Peter Brandt Predicts $28,000 for Bitcoin

Legendary trader targets $28,000 after first cryptocurrency falls below channel The legendary trader with nearly 50 years of expertise has predicted a possible reversal for Bitcoin, to drop under $30,000. The dealer prompt that the

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Mexico City’s Senate Building Now Has a Bitcoin ATM (Report)

Mexico City’s Senate Building Now Has a Bitcoin ATM (Report)

Mexico has reportedly gotten another Bitcoin Automated Teller Machine (ATM), and this time it is located in the Senate building in Mexico City. Interestingly, some local politicians, such as Miguel Ángel Mancera, were behind the

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How Bitcoin Can Reach $1 Million in 8 Years, Arthur Hayes Explains

How Bitcoin Can Reach $1 Million in 8 Years, Arthur Hayes Explains

Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, has predicted that Bitcoin’s price will reach the $1 million mark by the end of the current decade. In a blog post

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Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant

Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose

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Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’

Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’

Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we

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Could Bitcoin Mining Actually Reduce Methane Emissions By 2030?

Could Bitcoin Mining Actually Reduce Methane Emissions By 2030?

ESG analyst Daniel Batten argues that bitcoin mining could reduce methane emissions by up to 8.5 percent by 2030. As a greenhouse gas, methane has 80 times more potential to cause climate change than carbon

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Recession fears could help Bitcoin and other risk assets: Analyst

Recession fears could help Bitcoin and other risk assets: Analyst

Bitcoin has failed to strengthen above the $40K again after yesterday’s brief upside that pushed it to highs of $40,280. Today’s market action has seen BTC retreat to lows of $38,750, although the benchmark crypto

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