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Following El Salvador making bitcoin legal tender, privacy activist and whistleblower Edward Snowden says, “there is now pressure on competing nations to acquire bitcoin — even if only as a reserve asset.” He warned, “Latecomers may regret hesitating.” Edward Snowden Warns Countries That Hesitate Adopting Bitcoin May Regret Their Decisions Former computer
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A recent run-down in the United States Dollar Index (DXY) stopped midway as investors awaited U.S. job data for a guide on the viewpoint for interest rates. Meanwhile, Bitcoin (BTC) moved inversely to the greenback.The DXY rose to its intraday high of 92.195 on Wednesday, up 0.45% from its Friday
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According to Bobby Lee, one of the leading crypto proponents of China, Beijing is no longer interested in encouraging crypto transactions in the country.China has been consistent in suppressing the crypto trade business in the region and has accelerated the regulatory pressure on existing trading units in the country to
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Even as the bitcoin market shows signs of bullish exhaustion after logging a 1,500-percent-plus upside move in the previous 13 months, all is not lost. Investors with a long-term growth outlook still want to hold onto the flagship digital asset, iterating their expansive bullish stance on it. The analogy appears out
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According to a technology strategist at investment bank Baird, Ted Mortonson, the new tech dynamic is FOGK (fear of getting killed).Tech stocks are under pressure due to recent rising yields. In the last five days, the Nasdaq Composite Index has declined nearly 5%. In the past year, tech stocks were
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On Tuesday, Bitcoin price collapsed over 15% leading to the first sharp price correction this year in 2021. However, this happens after Bitcoin surged over 90% year-to-date hitting its new all-time high above $58,300.On Tuesday, February 23, Bitcoin (BTC) price tanked over 20% moving sub $50K levels from its all-time
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Big bitcoin balance holders, or "whales," are moving less crypto onto exchanges, signaling some reduction of sell-side pressure, according to CryptoQuant. Source
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Bitcoin has been on a wild ride throughout the past few weeks, and its parabolic growth trend is
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Bitcoin’s price action has been choppy to say the least, with its recent rally to fresh all-time highs
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Bitcoin is slipping lower despite the rally earlier today. BTC is down another 2% since the trading session
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