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“# Governments are looking to buy Bitcoin, NYDIG CEO confirms ” State-owned investment funds are reportedly making inquiries into buying Bitcoin (BTC). According to Robert Gutmann, CEO of New York Digital Investment Group, the firm has been having conversations with sovereign wealth funds about possible Bitcoin investments. Gutmann made this known while appearing at a…
“# 3 reasons why BTC will unlikely trade below $50,000 in the near term ” Bitcoin (BTC) is showing tenacity above $50,000 on March 25. The 10% drop over the last 24 hours happened despite Tesla allowing customers to buy vehicles using BTC in addition to CEO Elon Musk affirming that it will not be converted to…
“# Microsoft waffling over Bitcoin? BTC’s return to Xbox unlikely to spur adoption ” Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational…
“# Bitcoin price bounces at $50K amid 4-month highs for DXY ” Bitcoin (BTC) fell to its lowest level since March 8 on Thursday as U.S. dollar strength added to selling pressure near $60,000. BTC/USD 1-day candle chart (Bitstamp). Source: Tradingview BTC price saved from $40,000 zone Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD…
“# The last dip is the deepest as wife leaves husband for buying more Bitcoin ” The pressure of trying to sell Bitcoin (BTC) at a price top is proving too much for some couples. A Reddit post revealed that a man’s wife left him after he refused to sell his Bitcoin holdings when the…
“# Bitcoin falls to two-week lows as $6 billion in options set to expire — What’s next? ” Bitcoin’s (BTC) price has been in retreat, down 20% since the recent all-time high at $62,000 in mid-March. As crypto markets are frequently volatile, this may very well be another normal pullback within the current bull cycle. …
“# Bitcoin Cash hits new lows vs. Bitcoin after Tesla snubs ‘fork products’ ” Controversial Bitcoin (BTC) spin-off Bitcoin Cash (BCH) has hit new all-time lows against its parent after Tesla publicly rejected using it for payments. In a series of tweets on March 24, CEO and “Technoking” Elon Musk confirmed that U.S. customers could…
“# Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India ” An Indian cryptocurrency ban would have grave implications for the future of the country’s economy, and would result in currency devaluation “of the worst form,” says blockchain entrepreneur and HashCash CEO Raj Chowdry. Chowdry, also the managing director of the United States-based…
“# CBOE keen to meet high demand for crypto from retail, institutions, says CEO ” Chicago-based exchange holding company Cboe markets — an early pioneer of regulated Bitcoin futures trading in the United States — plans to build out more futures products within the crypto sector in future. In a new interview with BNN Bloomberg…
“# Bitcoin market cap back below $1 trillion as correction deepens ” As Bitcoin markets begin to form another daily red candle, its market capitalization has dropped back below $1 trillion once again. The third major correction in the current bull market is deepening and prices are already down 12.5% from their all-time high of…