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Bitcoin Surpasses $50,000 Mark For The First Time In A 100 Days

After a period of more than three months, the largest and biggest cryptocurrency in the world has reached the much-anticipated mark of $50,000. After having gone through what many experts have believed to be a crash during the springtime and another slump during the summer, Bitcoin has re-emerged on the radar claiming the $50,000 mark…

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New Data Reveals Possibility for Bitcoin to Smash $175,000 By the End of this Year

The world’s most famous cryptocurrency, Bitcoin continues its steady rise to new highs as the trading volume keeps skyrocketing through the roof. At the time of reporting, the bears were low by an estimated 5 percent. Moreover, in the last 24 hours, it has cleared $43,000 support as well. The current price of Bitcoin sits…

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Amazon may soon start adding Bitcoin and other cryptocurrencies as payment options

According to the market experts, the largest e-commerce platform in the world, Amazon, are willing to explore the possibilities offered by cryptocurrencies such as Bitcoin or Ether in relation to their platform and the services they offer. Reports suggest it is possible that Amazon may soon start allowing users to make payments using cryptocurrencies on…

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Bitcoin Prices to rise to $318,417 by 2025, Predicts Crypto Experts

A panel of experts on cryptocurrency has made a prediction that Bitcoin will reach a price tag of $318.417 by December of 2025. The most bullish of reports related to Bitcoin suggest that the cryptocurrency will reach around $160,000 by the end of this year.  A major product-comparing website named Finder has conducted an analysis…

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Billionaire Tim Draper Sticks To His Lofty Bitcoin Price Target Prediction of $250K in 2022

Despite the brutal sell of in the crypto market that happened recently, Tim Draper, who is the founder of Draper Fisher Jurvetson and is a billionaire in his own right, insisted that the cryptocurrency will still make it to his predicted price target of $250K by the end of 2022. Back in 2018, Draper had…

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Bitcoin to Surpass Gold by 100 Times, Says Lead Bloomberg Analyst

Senior commodity strategist from Bloomberg Intelligence, Mike McGlone predicted in his recent analysis that Bitcoin just might surpass the price of one of gold by a hundred times. Bloomberg Crypto Outlook, which is a monthly newsletter published McGlone’s writing where he states that according to the latest technical analysis, the price of the cryptocurrency will…

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Are we heading for another Bitcoin crash? JP Morgan says we are….

An upcoming event, namely the unlocking of the Grayscale Bitcoin Trust (GBTC) has led the financial tycoon JP Morgan to predict that an imminent crash in the Bitcoin price is about to follow. The half yearly event is said to have an immensely negative impact on the Bitcoin price. The GBTC facilitates authorized investors by…

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A big raise of $105M by US miner to recycle waste coal into crypto

The US miner company Stronghold announced a total raise of 105 million dollars to support techniques to recycle coal waste during bitcoin mining.  The huge raise became possible as the Bitcoin community is becoming more and more environmentally conscious.  The announcement of Tesla regarding resuming the bitcoin payments has compelled the Coal-powered mining industry to…

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Portugal Grants First Crypto Exchanges Operating Licenses

For the first time ever, Banco de Portugal has approved operating licenses to regional cryptocurrency trades. Recently, the central bank gave out the statement that Portuguese-based trades “Mind the coin” and “Criptologia” are now enlisted as virtual assets service providers. The central bank has issued only these two names in the list on their official…

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CABEI Lends assistance to EL Salvador for Bitcoin Adoption

On Monday, 14th June, the head of the multinational development bank, CABEI (Central American Bank for Economic Integration), announced that the bank would provide technical assistance for the implementation of Bitcoin as legal tender in El Salvador. In the Monday press conference, The executive President of the Central American Bank For Economic Integration, Dante Mossi,…