One day after posting blowout second-quarter earnings, electric-carmaker Tesla revealed in a public filing Tuesday that the value of its bitcoin holdings plummeted more than $1 billion last quarter from $2.5 billion at the end of March as the nascent crypto market reeled from a roughly 40% crash, wiping out virtually all the gains Tesla made on its initial $1.5 billion investment but resulting…
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Anyone in the cyrpto world knows that a massive backlash ensued after a rupture in the DAO business model that made it possible for users to siphon off very significant amounts of the funds invested into Ethereum at that point. However, what most of the crypto world do not know is how relevant, and even pivotal, the DAO model has been and still is to this day for its role in evolving blockchain applications…
Two weeks after announcing a debt offering to fund the investment, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, has spent nearly $500 million to acquire more of the world’s largest cryptocurrency—taking advantage of crashing prices Monday morning despite warning of a significant loss to come as a result of bitcoin’s tanking…
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Bitcoin’s price reached another record high Tuesday, pushing past $48,000 after electric car giant Tesla revealed it had invested $1.5 billion in the controversial asset and would soon be accepting it as a form of payment for its electric…
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Investment giant BlackRock filed documents with the Securities and Exchange Commission showing that it wants to include cash-settled Bitcoin futures as eligible investments for two of its funds—the latest instance of a major financial…
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In countries with free market economies, large corporations play a critical role, providing citizens with jobs, the state treasury with taxes, and customs with duties. Often, these companies are public. Their stocks are listed on exchanges…
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Thanks to the advent of cryptocurrencies, the world has not only received a universal means for payments but also learned about blockchain technology. When it comes to working with data, blockchain has offered unprecedented functionality that…
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Modern technology is rapidly changing traditional trading formats, automating all related processes; however, none of the currently available instruments on the market is protected against emerging risks. Today we have the opportunity…
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Bitcoin PoS takes everything you know and love about Bitcoin and makes it faster, more rewarding, and ready for real-life digital currency payments. Alarge amount of energy is required to keep the Bitcoin network up and running these days,…
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GSB Gold Standard Banking Corporation, leading German Software, IT and Blockchain Powerhouse, chose One Monte Carlo to launch on the 2nd October 2020 an unprecedented technology aimed at making cryptocurrency transactions much easier and faster.…
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Time is our most valuable asset. Surely everyone has heard about this from their parents. Time is an irreplaceable human resource, which is more valuable than any material wealth, and which cannot be earned. All we can do with time is to make…
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Antonio Cecere Adds Clarity To A Luxury Asset Soaring In Value The Magnificent Jewels at Christie’s New York auction this April proved once again that fancy color diamonds are a top performing physical asset and an investment vehicle…
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The First Crypto "You Can Hear" When Kay Van-Petersen told CNBC that bitcoin “could hit $100,000 in 2018” investors went crazy. After all, the analyst at Saxo Bank had successfully predicted the cryptocurrency would reach…
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