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“While we do not expect COIN shares to move in a straight line, we see material upside that compensates for the inherent risk, and with the stock trading at just 6.0x EV/2023E revenue (compared to a number of other high-growth, leading brand FinTechs trading closer to ~10x and above), we
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NFT and DeFi enthusiasts worldwide may be wondering why Tomi Heroes have been popping off on OpenSea in recent days. These non-fungible tokens grant access to Tomi’s token presale soon, so the limited-edition sets are in high demand. With 395 Ether (or roughly $1.37m) in traded volume, it is evident
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In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form of digital gold.” The report details that despite its volatility, bitcoin’s “risk-reward is attractive.” Hedge Fund Manager
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Bitcoin (BTC) briefly fell below $50,000 to retest support on Sep. 3 in a "critical" move for determining bullish continuation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cryptox Markets Pro and TradingView showed BTC/USD dropping to lows of $48,350 on Bitstamp overnight before recovering.That level represents an important zone to hold,
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Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOld resistance provides a backdrop for BTC price rethinkData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing around 2% overnight Wednesday.A rejection after an attempt
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Cardano blockchain’s native asset, ADA, reached a new record high on Monday as investors pinned hopes on an upcoming smart contracts feature that expects to boost the cryptocurrency’s adoption.The ADA/USD exchange rate topped out at $2.899 around 9:00 am UTC, raising anticipations that it would easily close above $3 in the
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U.S. telecom giant T-Mobile is looking into an alleged massive data breach that may have compromised more than 100 million users.According to Vice's Motherboard, T-Mobile is investigating an alleged data breach claimed by the author of the post on an underground forum. The Aug. 15 report says the hacker claims
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Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC).In a report published last week, analysts at the bank said El Salvador’s decision to recognize BTC as legal tender could
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