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Bitcoin Leads Crypto Market Rally, Skyrocketing To Five-Month High After Big Bank Embrace
Money

Bitcoin Leads Crypto Market Rally, Skyrocketing To Five-Month High After Big Bank Embrace


Within a couple of hours Wednesday, bitcoin prices skyrocketed to their highest levels in months, adding on to weeks of moderate gains amid a flurry of positive developments for the recently struggling market, with U.S. Bank and Bank of America among the latest legacy financial institutions embracing the space.  KEY FACTS - Bitcoin’s price jumped 10% to more than $55,000 by 12:30…

Solana's Market Value Plunges $20 Billion After Outage—Is This Good For Ethereum?

Solana's Market Value Plunges $20 Billion After Outage—Is This Good For Ethereum?


Though it's been one of the year's fastest-appreciating cryptocurrencies, Solana's sol token has given up much of its massive gains this week, plunging more than 35% from last week’s record high following a network outage that some experts believe could bolster the case for more-established platforms like Ethereum.  KEY FACTS - Sol tanked as much as 10% Friday to $135.25, marking…

El Salvador Goes On A $21 Million Crypto Buying Spree As Bitcoin Becomes Legal Tender

El Salvador Goes On A $21 Million Crypto Buying Spree As Bitcoin Becomes Legal Tender


El Salvador acquired roughly $21 million worth of bitcoin on Monday, President Nayib Bukele announced, buoying the crypto market ahead of making history Tuesday by becoming the first country in the world to formally adopt the digital currency as legal tender.  KEY FACTS - El Salvador bought its first 400 bitcoins in two lots on Monday—worth an estimated $21 million based on bitcoin’s…

More from Crypto & Blockchain


Tekin Salimi Highlights The Sustained Relevancy Of The DAO Model

Tekin Salimi Highlights The Sustained Relevancy Of The DAO Model

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…


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Bitcoin’s Biggest Corporate Backer Invests Another $500 Million As Crypto Prices Crash

Bitcoin’s Biggest Corporate Backer Invests Another $500 Million As Crypto Prices Crash

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…


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Tesla

Tesla Will Stop Accepting Bitcoin As Payment Due To Environmental Worries, Musk Says

Electric carmaker Tesla will no longer allow customers to pay for cars with bitcoin, CEO Elon Musk announced Wednesday, citing the vast amounts of electricity needed to “mine” the cryptocurrency — a reversal three…


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The Benefits Of Blockchain In The Educational Sector

The Benefits Of Blockchain In The Educational Sector

Over the last 18 months the world has surely changed and we live in uncertain times. More so than ever the advancement of technology and innovation is providing solutions for a better and more secure future. The unique data storage and processing…


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New York Times Sells Column For Over $550k In NFT Experiment

New York Times Sells Column For Over $550k In NFT Experiment

The NYT sold ownership of a previously-printed column by technology reporter Kevin Roose for over $558,000 Thursday in its first-ever experiment with a non-fungible token auction, promising bidders they would be a part of history as the NFT…


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Bitcoin

Crypto Surge Continues: Market Up $750 Billion, Nearly Doubling This Month As Bitcoin Hits New Highs

Bitcoin's massive rally continued into the weekend, pushing the market capitalization of the world's first and largest cryptocurrency to $1.2 trillion Saturday, and leading to the broader crypto market's largest monthly gain on…


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Bitcoin

Bitcoin Surges To An All Time High Of $48,000 As Tesla Signals Its Confidence

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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Bitcoin Forbes Monaco

BlackRock Files To Add Bitcoin Futures To Funds

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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Publicly backed company to step into Blockchain industry

Publicly backed company to step into Blockchain industry

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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Blockchain In The Education System: Fantasy Or New Reality?

Blockchain In The Education System: Fantasy Or New Reality?

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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How Altruism And Technical Solutions Led To The Creation Of Profitable And Safe Investment Models

How Altruism And Technical Solutions Led To The Creation Of Profitable And Safe Investment Models

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: Decentralized, Secure, Fast

Bitcoin PoS: Decentralized, Secure, Fast

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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Enjoy The Great Future Of Digital Era

Enjoy The Great Future Of Digital Era

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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5 Ways Blockchain Can Help The Advertising And Marketing Industry

5 Ways Blockchain Can Help The Advertising And Marketing Industry

The advertising industry is playing a very important role in every industry you can ever think of. In the ad industry, it is helping businesses in building a successful brand image and ensuring long term success. Yearly, companies spend a lot…


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COFFE That Is Not To Drink

COFFE That Is Not To Drink

Until 2020, there were many releases of technology companies in the field of blockchain and cryptocurrencies. They surprised us not only by their technological features, but also by their bright names. The COFFE blockchain is no exception.…


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Timers project will tokenize your time via blockchain

Timers project will tokenize your time via blockchain

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

Diamonds And Disruptors

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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Founder and CEO of SonoCoin Leon Afanasyev, at his office in Geneva, believes the recent collapse of the crypto market has cleared the way for innovative virtual payment solutions.

Money Talks

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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