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Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’ – Economics Bitcoin News

The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest in stocks. Growing the

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Metagood Uses NFTs for Social Good

Metagood, which is now a one-year-old company with 15 employees, may have a real claim at defining what “community” means. It’s backed by an extensive network of crypto experts, award-winning artists and social impact professionals, including Litecoin creator Charlie Lee as well as Sebastien Borget and Jeffrey (Jiho) Zirlin, co-founders

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Bitcoin may hit $14K in 2022 but buying BTC now ‘as good as it gets:’ Analyst

Bitcoin (BTC) faces a “cycle bottom” this year in which it could drop over 50% from current levels, research claims.In a Twitter thread on June 1, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, forecasted 2022 as Bitcoin’s year to “capitulate.”Bitcoin now has “best 3-year ROI ever”Based on historical patterns involving

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Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash

Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBitcoin volume surges with more expectedData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $28,000 on Bitstamp — its lowest since May 12

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