Tuesday, July 27, 2021
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Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption – Eventually: Wedbush

Wedbush Securities, a Los Angeles-based privately held investment firm, foresees the corporate world emulating the U.S. electric car maker Tesla’s decision to buy bitcoin, just not this year. In a note on Monday, Wedbush analysts called Tesla’s bitcoin investment a “game-changer” for the top cryptocurrency and blockchain technology, adding that it

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NFT prices will eventually crash, says Litecoin creator Charlie Lee

Non-fungible tokens are currently a major topic of discussion within the crypto space with creators and collectors alike jumping on the bandwagon.However, Litecoin (LTC) creator Charlie is of the opinion that the hype is unsustainable. Tweeting on Monday, Lee said that, unlike ‘real art,’ NFTs have “zero cost” of creation.With

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Guggenheim CIO Says Bitcoin Could Eventually Climb to $600,000

Scott Minerd, chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, has revised his previous prediction for bitcoin’s long-term price potential.In an interview with CNN’s Julia Chatterley on Tuesday, Minerd said, based on Guggenheim’s fundamental research, he believes bitcoin could eventually climb as high as $600,000 per bitcoin.Minerd

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Spiking 50% Crypto Gains Will Eventually Fuel Bitcoin Price Surge

Throughout March, a handful of crypto assets and tokens have consistently outperformed Bitcoin, recording gains in the 50 percent to 100 percent range against the U.S. dollar.1-Month Chart of Enjin Coin (Source: Coinmarketcap.com)Due to the reported partnership between Samsung and Enjin, for instance, Enjin Coin and other cryptocurrencies related to

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