Wall Street firms are waking up to the prospect of holding Bitcoin as a hedge against uncertainties in the mainstream equities market. Bitcoin (BTC) adoption by big-money players is once again on the agenda following the recent $250 million BTC purchase by MicroStrategy. Industry commentators have also stated that corporations plugging into Bitcoin will provide […]
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‘Now is the time to invest in Bitcoin,’ the full-page ad in UK-based international business newspaper Financial Times states. Mike Novogratz’s Galaxy Digital is following in Grayscale Investments’ footsteps by releasing an ad for cryptocurrency to the general public, this time using print media. A full-page ad for the cryptocurrency investment bank appeared in the […]
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A single mistake cost them everything. The now notorious project, Yam.Finance, was launched without a proper code audit just like many other projects in the space. Richard Ma, the CEO of blockchain security company Quantstamp, told Cointelegrpah that many DeFi projects are launched unaudited in order to capitalize on reverse psychology: “Not having an audit […]
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With expectations of further U.S. dollar inflation, why would people hold cash? The U.S. government’s attempts to fix the current economic situation could ultimately lead to greater Bitcoin (BTC) adoption, according to Bill Barhydt, CEO of crypto wallet and exchange solution, Abra. “I think that this is a pivotal moment for Bitcoin as a new […]
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Grayscale and MicroStrategy lead a surge in institutional demand for new coins, with selling not part of the landscape, data shows. Institutions are buying huge amounts of Bitcoin (BTC) and hodling, not selling it, data shows as the network mimics early 2016. Data from various sources uploaded to social media this week show that over […]
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A proposed capital gains tax cut could be good news for crypto traders in the U.S. A proposed tax cut by U.S. President Donald Trump could be a big win — or a relatively insignificant win — for the crypto industry if it is passed. In a news conference at the White House earlier this […]
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The CEO of the company that just bought 21,454 BTC calls it “digital gold,” and the tide will cause the business world to admit the same, say supporters. MicroStrategy has adopted Bitcoin (BTC) as its reserve currency — and stunned commentators by purchasing over 21,000 BTC on Aug. 11. The world’s largest publicly-traded business intelligence […]
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Cointelegraph’s recent China blockchain event spanned five continents and attracted 100,000 viewers. Around 100,000 people in total attended the 2020 Great Bay Area International Blockchain Week, hosted by Cointelegraph China and Cointelegraph in Shenzhen’s Great Bay district in the first week of August. Guests were divided between those who participated online and offline, according to […]
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The upcoming Zcash halving could help ZEC to reduce its annual inflation rate and make the coin more profitable for miners. Reward halvings are a common element of many different forms of cryptocurrency, known to typically impact a coin’s supply, difficulty and price. For many cryptocurrencies, these halving mechanisms are embedded into the code in […]
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Bitcoin has put in a crucial bull market sign for long-term investors as $12,000 returns to the market — can it hold? Bitcoin (BTC) greets another week with a push to $12,000 and its highest weekly close since after it hit $20,000 — will it return? Cointelegraph takes a look at five things that stand […]
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