Tag: Digital Currency

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Predicted Timeline for Bitcoin Price to Reach Peak Cycle Levels

Bitcoin investors have been eagerly awaiting the predicted timeline for the cryptocurrency to reach peak cycle levels. Crypto analyst Rekt Capital has shared insights on when Bitcoin could hit its cycle highs, reassuring investors...
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Bitcoin as Reserve Currency to Strengthen the Dollar

Senator Cynthia Lummis from Wyoming recently stated that incorporating Bitcoin into the US financial system could potentially strengthen the US dollar and help it maintain its global dominance. During an interview on Fox Business,...
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Bitcoin Price Drops to $63K Amid Speculation of Biden Withdrawal

Crypto markets experienced a decline on Wednesday due to a combination of factors including a drop in U.S. equity prices and uncertainty surrounding the presidential election race. Bitcoin (BTC) saw a sharp drop from...
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Exploring CBDCs: BIS Survey Reveals Rising Interest

Central banks around the world are showing a growing interest in exploring the concept of a central bank digital currency (CBDC), according to a recent survey conducted by the Bank for International Settlements (BIS)....
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Institutional Adoption of Bitcoin and Crypto Stocks: A Ripe Opportunity

Bitcoin and other cryptocurrencies are becoming more appealing to institutional investors, according to a recent report by brokerage firm Bernstein. The report suggests that there is still significant potential for institutional adoption of Bitcoin...
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Bitcoin Price Analysis: First Mover Americas Sees BTC Drop Below $65K

Bitcoin's price struggled to maintain its position above $65,000, dropping below $64,000 during trading hours in America. It briefly climbed back to $65,000 but then slipped towards the $64,500 mark, marking a 1% decrease...
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Deutsche Telekom Plans Bitcoin Mining Expansion

Bitcoin mining could be getting a big new player soon: Deutsche Telekom, the parent company of T-Mobile, one of the largest telcos in the United States. During the BTC Prague conference last week, Dirk...
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Bitcoin Price Surge: Retail Investors Driving Growth – Will It Rebound?

Bitcoin, the world's leading cryptocurrency, has experienced a recent price decline, falling below the $60,000 mark. This downward trend has continued over the past month, with Bitcoin losing nearly 10% of its value. Despite...
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Metaplanet Purchases 42,466 BTC: A Game-Changing Move – CoinJournal

Metaplanet, a Japanese firm, has made a significant move in the cryptocurrency space by purchasing 42,466 BTC, equivalent to $2.5 million. This purchase has increased Metaplanet's total Bitcoin holdings to an impressive 203,734 BTC,...
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Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure

US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...