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Bitcoin

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20 Mar 23

Raoul Pal says ethereum may outperform bitcoin in next bull market

Macro guru Raoul Pal has predicted that ethereum (ETH) could hit a five-figure price in the upcoming bull cycle and outperform bitcoin (BTC) by as much as five times. ETH to beat BTC in next bull run Former Goldman Sachs executive Raoul Pal predicted that there’s a likelihood that ethereum could hit a five-figure price […]

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20 Mar 23

Bitcoin rides banking sector chaos over the $28k mark

The crypto market had seen a significant milestone amid the banking crisis as bitcoin (BTC) surged to new highs of $28,000, a price last seen in June 2022. The digital currency has also topped Goldman Sachs’ list of top-performing investment assets. Bitcoin tops $28k Investors and crypto enthusiasts have closely monitored bitcoin price charts as […]

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19 Mar 23

Bitcoin rallies above $27,000 amid US banking crisis, Silicon Valley Bank drama unfolds

This week, Bitcoin’s (BTC) upward surge was the most significant event. The coin rose above $27,000 amid a banking crisis in the United States. The situation reiterated the need for users to hedge against economic instabilities using digital assets. In the mid of this crisis, the Silicon Valley Bank (SVB) saga remained in focus as […]

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19 Mar 23

Bitcoin ATM manufacturer, General Bytes, hacked for over $1.5m

General Bytes, a bitcoin automated teller machine (ATM) manufacturer, has lost over $1.5m of bitcoin (BTC) following an exploit on Mar. 17 and 18. General Bytes hacked In a security update on Mar. 18, General Bytes said the hacker, or a group of hackers, found an exploit on their master service interface before using it to send […]

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18 Mar 23

Bitcoin traders greedy, Fear and Greed Index at a 16-month high

The Bitcoin Fear and Greed Index is at a 16-month high, rising to 64, as traders appear to be optimistic of the coin’s prospects. Bitcoin traders are greedy According to the index’s reading on Mar. 18, it appears that traders are “greedy” and looking to buy more coins and ride the march higher. The shift in sentiment […]

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18 Mar 23

Retailers accumulating bitcoin at the fastest pace since FTX collapse

Onchain data shows that retailers have been accumulating bitcoin (BTC) at the fastest pace since the collapse of FTX, a cryptocurrency exchange. Retailers accumulating bitcoin Glassnode shows that “shrimps”, that is, small-scale retail holders with between 0.1 BTC and 1 BTC, ramped up their buying activity this week amid concerns of a banking collapse in […]

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17 Mar 23

$1b in bitcoin moved at once on March 16

Over 40,141 bitcoin (BTC) were moved in a single transaction on March 16, 2023 — showing once again how the introduction of BTC improved large settlements. The bitcoin transaction in question moved $1.05 billion from 254 addresses to two separate output addresses. The cost of the transaction was 333,000 satoshi worth about $87 — just […]

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28 Feb 23

Bitcoin adoption for payments ramps up

The 15-year-old cryptocurrency, bitcoin, has recently been showing promising signs of fulfilling its intended purpose as a means of payment. It has inspired the development of other crypto solutions in a new age of digital finance. While bitcoin has served many functions, from a speculative investment to a hedge against inflation, it has struggled to […]

Australia cracks down on crypto scams, boosts regulatory team

03 Feb 23

1. Australia cracks down on crypto scams, boosts regulatory team

As part of a three-stage plan to regulate cryptocurrency and ensure proper risk disclosure from crypto companies and cryptocurrency and investment scams, the Australian government is strengthening its market regulator’s digital asset team. Australia cracks down on crypto scams, boosts regulatory team The new measures are intended to protect customers dealing with cryptocurrencies, according to […]

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26 Dec 22

Bitcoin miner, Blockware, sued for deception and fraud

The London-based private firm, Faes & Company Limited, has filed a lawsuit against the bitcoin (BTC) miner firm, Blockware Solutions LLC. Faes, in a lawsuit filed at the United States District Court Northern of Illinois, accuses Blockware of “breach of contract, negligence, deceptive trade practices, and fraud.” The law firm also argues that the miners […]

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