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Bitcoin (BTC) To $50,000 – Hayes, Bernstein And Tampax Validation

Arthur Hayes says bitcoin will go to $50,000. That’s actually a fairly conservative target, as Hayes himself suggests, if he takes to the logical conclusion the arguments he employs to justify his bullish pronouncement. At the root of BitMEX chief executive Hayes’s thinking is a much-noted investment super theme, found to be in use by Read more…

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NEO Founder: Blockchain Infrastructure Not Ready for Mass Adoption

Bitcoinist spoke with NEO founder Da Hongfei at NEO DevCon in Seattle, who gave a detailed vision of the road ahead. Blockchain technology is still ahead of its time. Despite NEO’s evolution mirroring that of the wider Crypto market over the past 12 months, charismatic founder Da Hongfei assures an attentive audience at NEO DevCon Read more…

Bitcoin [BTC] now accepted by 14,000 businesses; global acceptance up by 702% since 2013
Bitcoin Cryptocurrency News Market

Bitcoin [BTC] now accepted by 14,000 businesses; global acceptance up by 702% since 2013

Bitcoin, the largest cryptocurrency in the world has been under the spotlight from various financial institutions and social media trends recently. Whether it is the SEC involved in the approval of an ETF or Jack Dorsey, CEO of Twitter, terming it as “internet’s native currency,” BTC has been on the bright side of a bearish […]

The post Bitcoin [BTC] now accepted by 14,000 businesses; global acceptance up by 702% since 2013 appeared first on AMBCrypto.

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How Chinese New Year Celebrations Could be Affecting Bitcoin (BTC)

Chinese history and culture cannot be summarized in this brief article for it dates back several millennia. Our window into the great past of China has been provided through timeless books such as ‘the Art of War’ and the majestic Wall of China that can be viewed from space. When it comes to Bitcoin (BTC) Read more…

4500 Stores Worldwide Now Accept XRP for Goods And Services
Cryptocurrency News Market Ripple

4500 Stores Worldwide Now Accept XRP for Goods And Services

Ripple keeps growing at a dizzying rate, demonstrating that they not only have the blockchain technology preferred by large banks and financial institutions, but they have also developed a token that works perfectly as a cryptocurrency that grows in use and acceptance faster than any other altcoin in the ecosystem. Despite the skepticism of many, Read more…

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Bitcoin Cryptocurrency News Market

Visualizing Bitcoin Adoption Across the Globe

Bitcoin remains the most popular cryptocurrency in the world today with a network that spans across the globe. But just what the distribution of Bitcoin nodes tell us about the rate of adoption of the top-ranked cryptocurrency on a global scale? Global Distribution of Bitcoin Nodes According to a 2019 study by Themetafriend, there are 36 Read more…

‘We Have to Spend Money Carefully’ – Huobi Confirms Lay Offs Despite Profits
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‘We Have to Spend Money Carefully’ – Huobi Confirms Lay Offs Despite Profits

The prolonged bear market hasn’t yet managed to throw one of the leading cryptocurrency exchanges, Huobi, in the negative. However, despite still being profitable, the company is letting people go in an attempt to “spend money carefully.” Huobi Tightens Belt Huobi is a China-based cryptocurrency exchange with around $300 million in daily traded volumes, making Read more…

Bitcoin Cryptocurrency News Market

How $400 Billion Tencent Might Soon Acquire Two Major Bitcoin Exchanges

Chinese gaming giant Tencent could acquire Nexon, which owns multiple bitcoin exchanges. | Source: REUTERS/Kim Kyung-Hoon/File Photo Tencent might soon be the proud owner of two major bitcoin exchanges, as the $400 billion Chinese tech conglomerate is weighing a bid for the South Korean holding company that controls them. Tencent Mulling Bid for Owner of Read more…

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China Injects Record $83 Billion to Counter Economic Decline

China’s economy is facing some of its toughest challenges in years. On Wednesday, a day after several Chinese government institutions vowed further stimulus to aid its financial sector, the People’s Bank Of China injected a net $83 billion (560 billion yuan) into open market operations via reverse repo operations — to counter its declining economy.

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