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U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based cryptocurrency exchange, said the U.S. Department of
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Ark Invest increased its Coinbase shares holding via its two ETFs, ARKK and ARKW, spending more than $20 million on COIN since January. ARK Investment Management LLC (Ark Invest) is already enjoying dividends on the Coinbase (NASDAQ: COIN) shares it purchased last week. Between February 13th and 17th, the investment management firm
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Appearing on Peter McCormack's 'What Bitcoin Did' podcast, Cathie Wood said she purchased $100,000 worth of bitcoin (BTC) when it was trading around $250 (which would suggest sometime in 2015). She said she hasn't sold any of that initial investment, meaning her current profit on that $100,000 bet would be
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Chainlink (LINK) managed to trim its week-to-date losses after going down by as much as 10% following massive altcoin price correction a
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Nubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers are
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El Salvador has recently purchased 80 Bitcoins. Nayib Bukele tweeted his support towards Bitcoin during its bear run,adding that Bitcoin is indeed the future. Despite the prices of Bitcoin plunging to new lows, El Salvador’s president Nayib Bukele seems to be unfazed by the ongoing bearish sentiment prevalent in the market. Bukele
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While Terraform Labs is not exactly a bank, it is issuing its own digital cash to make paying for things easier – and it’s about to be backed by bitcoin. This is a big deal for anyone with a vested interest in the Bitcoin system, even if you vehemently reject
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Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million.In a Monday announcement, Bitfarms said it purchased 1,000 Bitcoin (BTC) for $43.2 million in the first week of January, roughly the same amount the company added
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In brief:The first $1,200 stimulus check has appreciated to $10,278 if the recipient invested in BitcoinThe second $600 stimulus check has appreciated to $1,227 if it also bought BitcoinThe third round of stimmy checks is on its way with details of the rollout expected soonChances are, recipients will buy Bitcoin
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