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Category: Bitcoin

Cardano Founder: Ethereum Will Overtake Bitcoin

Cardano founder Charles Hoskinson has predicted a quick victory of Ethereum over Bitcoin. Charles Hoskinson talked about cryptocurrencies and why he believes ethereum is poised to overtake bitcoin in the near future. He started by talking about the speed of bitcoin transactions. Pointing to the sluggishness of the network and how slow it is in […]
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Dip or No Dip, Mike Novogratz Says He is “Still a Big Buyer of Bitcoin”

Mike Novogratz, the Chief Executive Officer of cryptocurrency assets management firm, Galaxy Digital, has reiterated his trust in the capabilities of Bitcoin (BTC) and cryptocurrencies as a viable asset class. Speaking in an interview on Bloomberg Live, Novogratz said that he views Bitcoin as a form of digital Gold. “I look at #Bitcoin in particular

The post Dip or No Dip, Mike Novogratz Says He is “Still a Big Buyer of Bitcoin” appeared first on Coingape.

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NYSE-listed BIT Mining Ships 320 Bitcoin Mining Hardware From China to Kazakhstan

New York Stock Exchange-listed cryptocurrency mining company, BIT Mining has announced that it has shipped a total of 320 mining machines from its data center in Sichuan, China to a new site in Kazakhstan. Per the update shared by the firm, the hardware relocation became necessary as the Chinese government reportedly cut the energy supply

The post NYSE-listed BIT Mining Ships 320 Bitcoin Mining Hardware From China to Kazakhstan appeared first on Coingape.

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Jim Cramer Says He Will Buy Bitcoin Again at This Price Range

Jim Cramer, the former hedge fund manager and host of CNBC’s Mad Money might have sold a majority of his Bitcoin holdings just yesterday, but he is already looking to get in the Bitcoin game again. During his recent appearance of Squawk Box Cramer said he doesn’t believe the market is near its bottom as

The post Jim Cramer Says He Will Buy Bitcoin Again at This Price Range appeared first on Coingape.

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Bitcoin Dips Below $32K, Altcoins Register Double-Digit Decline

The crypto market sell-off has entered the third week with Bitcoin falling below $32,000 price today. The top cryptocurrency was trading at $31,652 with a 24-hour price decline of 2.35%. The current price correction is attributed to the growing scrutiny of the Chinese government towards Bitcoin mining and trading. The top cryptocurrency has fallen more

The post Bitcoin Dips Below $32K, Altcoins Register Double-Digit Decline appeared first on Coingape.

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Microstrategy Buys Another $489 Million Worth Of Bitcoin

Microstrategy bought on Monday 13,005 Bitcoins worth about $489 million at an average price of $37,617 per coin. Now the business owns a total of 105,085 BTC that they bought for $2.74 billion. The average price per coin comes out to be $26,080. Microstrategy’s CEO Makes Bitcoin Acquisition Second Business Microstrategy’s primary business is software […]
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More Than $1 Billion In Crypto Positions Liquidated In Overnight Bloodbath

More than $1 billion in crypto positions was liquidated last night which has led to a plunge in the market. Bitcoin price currently sits at a little above $32k, losing nine percent of its value. While Ethereum’s price currently sits at 2$k. Losing 10 percent of its value overnight. Twitter user Lex Moskovski tweeted a […]
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People’s Bank of China (PBoC) Instructs Financial Institutions to Clampdown on Crypto

People’s Bank of China (PBoC) has instructed all financial institutions in the country to help effect the clampdown on cryptocurrency engagements. According to a Reuters report, the apex bank said it recently summoned all financial institutions to intensify the way they prevent cryptocurrency trading. Per the report, the PBoC urged these institutions to cut payment

The post People’s Bank of China (PBoC) Instructs Financial Institutions to Clampdown on Crypto appeared first on Coingape.

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