# 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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# 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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# SEC’s “Crypto Mom” demands innovation, says you can’t prosecute an algorithm

# SEC’s “Crypto Mom” demands innovation, says you can’t prosecute an algorithm

“# SEC’s “Crypto Mom” demands innovation, says you can’t prosecute an algorithm ” SEC Commissioner Hester Peirce spoke at the CFC 2021 virtual blockchain conference on Jan. 20, where she discussed the prospect of working with a new Biden-appointed chairman, and touched on her hopes of providing the cryptocurrency space with some “safe harbor”. Known…

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# Privacy-focused Firo cryptocurrency suffers 51% attack

# Privacy-focused Firo cryptocurrency suffers 51% attack

“# Privacy-focused Firo cryptocurrency suffers 51% attack ” Anonymous cryptocurrency Firo — formerly known as Zcoin— is the latest Proof-of-Work coin to suffer a 51% attack. Tweeting on Wednesday, Firo revealed that the protocol had come under a 51% attack and advised holders to pause all transactions until the network returns to a normal state….

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