# Guggenheim CIO expects Bitcoin to drop to ,000

# Guggenheim CIO expects Bitcoin to drop to $20,000

“# Guggenheim CIO expects Bitcoin to drop to $20,000 ” A senior executive at financial services firm Guggenheim Partners — which is planning to seek investment exposure to Bitcoin (BTC) — has argued that BTC is poised to drop to $20,000. Scott Minerd, Guggenheim’s chief investment officer, believes that Bitcoin will not hit another all-time…

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# Bitcoin double-spend spotted in the wild

# Bitcoin double-spend spotted in the wild

“# Bitcoin double-spend spotted in the wild ” BitMEX Research has identified a suspected double-spend transaction valued at 0.00062063 BTC or roughly $21 — and it doesn’t appear to be an instance of that popular replace-by-fee wallet hack. On Jan. 20, BitMEX’s ForkMonitor noted that “multiple blocks were produced at height 666833.” BitMEX Research tweeted:…

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# Some institutional investors taking profit as Bitcoin retraces

# Some institutional investors taking profit as Bitcoin retraces

“# Some institutional investors taking profit as Bitcoin retraces ” A new report from crypto fund provider CoinShares has indicated that some institutional investors have been realizing profits during BTC’s recent consolidation. CoinShares’ weekly digital asset flows report identifies $85 million in outflows from institutional crypto products this past week, asserting the data suggests “some…

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