Thursday, May 26

Tag: Bitcoin

Bitcoin’s rise reflects America’s downfall 2021
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Bitcoin’s rise reflects America’s downfall 2021

As the value of Bitcoin and other cryptocurrencies rapidly increased, a remarkable analysis was published in the British Financial Times. According to the analysis, the rise in cryptocurrencies is a sign of the foam created by the FED and the fall of the US and the dollar. A remarkable analysis of the rise in the value of cryptocurrencies, especially Bitcoin, was published in the British Financial Times newspaper. In the analysis signed by Rana Foroohar, "Cryptocurrencies have a place in a new world order where the leading role of the dollar is weakened". Bitcoin Fluctuations The article found a similarity between the sharp price movements in Bitcoin and the fluctuation in the price of gold, which was priced in marks in Germany in the 1920s, and it was argued that Bitcoin ...
Bill Gates drops sharply after sending Bitcoin to Elon Musk
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Bill Gates drops sharply after sending Bitcoin to Elon Musk

Bill Gates, one of the richest people in the world, made statements about Bitcoin, one of the favorite topics of the last period, at Bloomberg. Regarding Elon Musk's investment in Bitcoin, Gates said, "Be careful if you have less money than Elon." Bill Gates, the founder of Microsoft, who released his new book "How to Avoid a Global Catastrophe", became the agenda by speaking to the American press. Speaking to Bloomberg, one of the leading media organizations in the USA, Gates gave a meaningful answer when asked about Elon Musk's Bitcoin investments. "Elon Musk earned more money by investing in Bitcoin than any vehicle Tesla sold in 2020," Bloomberg reporter said. To the question "What do you think about this?", "Elon has tons of money and knows this subject. I am not concerned with...
Bitcoin fell, Elon Musk lost the world’s richest title
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Bitcoin fell, Elon Musk lost the world’s richest title

Elon Musk, the founder of the electric car manufacturer Tesla, lost his title as the richest man in the world with the fall of the company's shares. The sharp depreciation in Bitcoin was effective in the decline of Tesla's shares. Tesla shares, which make up most of Tesla's founder Elon Musk's fortune, fell more than 20 percent after peaking at $ 880 in January. After the company decided to buy $ 1.5 billion in Bitcoin in a risky move, the value of the cryptocurrency had declined for two days after reaching an all-time peak on the weekend. Tesla shares have declined a little in recent months, but in 2020, they increased from $ 90 to $ 700, making an extraordinary increase. The 8 percent drop in Tesla stocks on Monday was the biggest drop since September. Shares also lost 2 per...
Rally warning from the institution that estimated 146 thousand dollars for Bitcoin
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Rally warning from the institution that estimated 146 thousand dollars for Bitcoin

Stating that Bitcoin can reach $ 146,000 in the long term, JP Morgan stated that the current rally is not sustainable unless the volatility in the crypto currency decreases.JP Morgan said that the volatility of cryptocurrencies must decrease so that the Bitcoin rally does not end badly. According to the note released by JP Morgan strategists, if the price fluctuations do not decrease, the biggest cryptocurrency cannot continue to be traded at current prices. JP Morgan emphasized that the market value of Bitcoin has increased by $ 700 billion in the last 5 months, but only $ 11 billion of this comes from institutional investors. Stating that limited supply and individual demand may still push prices up, strategists said, "The increases since January have been more affected by spec...
What if Apple buys Bitcoin? Bitcoin Goal $ 1 million
CRYPTO COINS, TECHNOLOGY

What if Apple buys Bitcoin? Bitcoin Goal $ 1 million

Apple, the world's largest publicly traded company, was claimed to be in an exceptionally good position to raise cryptocurrencies to a point of no return in the US. RBC Capital Markets, the world's largest global investment bank, has published a new report on the subject. Apple can add a lot to cryptocurrencies Apple's premium encrypted software can solve the problem of acquiring crypto assets due to changing regulatory requirements such as licensing and KYC by providing instant trading services in a closed and secure environment. It can also choose to develop an open system using a banking service and a Bitcoin wallet or Bitcoin scaling network (lightning) to reduce the transaction cost of converting cash into Bitcoin. Can make good use of customer base and lead the USA to th...
Woman Holding a Murderer with Bitcoin on Dark Web Arrested!
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Woman Holding a Murderer with Bitcoin on Dark Web Arrested!

A woman who hires a hitman with Bitcoin on the Dark Web could face up to 10 years in prison if convicted. Here are the curious details! A woman residing in the United States was arrested on the grounds that she was looking for a murderer on the Dark Web. The woman who hired a hitman with Bitcon could face up to 10 years in prison if found guilty. Bitcoin money is valid on the Dark Web A federal court in Wisconsin, the United States, revealed that a woman named Kelly Harper was paying in cryptocurrency to hire a hit man online. Harper allegedly entered the Dark Web, known as the Dark Web, and paid using Bitcoin to kill an anonymous man known to have resided in Wisconsin between October 2020 and December 2020. According to the information on the website of the Ministry of Justic...
European Central Bank Governor Lagarde Concerned About Bitcoin
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European Central Bank Governor Lagarde Concerned About Bitcoin

European Central Bank (ECB) President Christine Lagarde expressed that they are thinking about acquainting another guideline with crypto resources, for example, Bitcoin. Lagarde, a visitor of BFMTV, said about Bitcoin, which has been sought after as of late, "Crypto-resources are not a cash. It is a profoundly theoretical resource." In any case, focusing on that some crypto resources 'look like cash', Lagarde said, "If the private area is occupied with cash related movement, it should be dependent upon the very same principles and a similar control systems as different monetary forms." Underlining that Bitcoin doesn't represent an issue for itself, Lagarde said, "What is required is that buyers ought to never be plundered, and they ought to be completely educated about the idea o...
Tesla’s announcement breaks new record in Bitcoin
CRYPTO COINS, TECHNOLOGY

Tesla’s announcement breaks new record in Bitcoin

Tesla, in a statement to the American capital markets regulator, reported that he bought $ 1.5 billion of Bitcoin. After the news, Bitcoin reached its new historical record level. Electric vehicle manufacturer Tesla announced that it has purchased a total of $ 1.5 billion of Bitcoins "in order to increase the flexibility of its cash assets, to diversify it and to maximize its returns". According to the company's statement to the US Securities and Exchange Commission (SEC), the company will start accepting Bitcoin in vehicle sales at the next stage. The statement came after Tesla CEO Elon Musk's social media campaign, which reflected a high increase in value in many popular cryptocurrencies, especially Bitcoin, Ether, Ripple's XRP. After the announcement of this operation, the ...
Janet Yellen: I’m worried about bitcoin and cryptocurrencies
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Janet Yellen: I’m worried about bitcoin and cryptocurrencies

Janet Yellen, who is expected to become the new US Treasury Secretary, spoke at the Senate. “We have to rebuild the economy,” said Yellen and emphasized more financial support. Saying that the USA should not target a weak exchange rate, Yellen stated that the low interest rate will continue for a long time. Touching on cryptocurrencies, Yellen stated that these coins are a source of concern in terms of terrorist financing and money laundering. Former Fed Chairman Yellen, who is preparing to become the country's first female treasury minister, said in his speech at the Senate's Finance Committee that if no further measures are taken against the economic effects of the new type of corona virus (Covid-19) epidemic, there is a longer and painful recession risk. Emphasizing that more hel...
Thousands of cryptocurrencies, including Bitcoin, are used for money laundering
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Thousands of cryptocurrencies, including Bitcoin, are used for money laundering

Venezuela started paying with Bitcoin to third countries with which it traded against American sanctions. So, are thousands of cryptocurrencies widely used in cross-country trade? What are the limits to this? Economist Enver Erkan told Sputnik. It has been reported in country media that Venezuela pays countries with trade relations in Bitcoin to reduce the effects of US sanctions on its economy. This move of the Caracas administration raised the question of "can trade between countries be done through thousands of cryptocurrencies including Bitcoin". Tera Investment Economist Enver Erkan evaluated the issue to Sputnik. “After Bitcoin emerged as a market phenomenon and increased in popularity, it also gained popularity as a money laundering tool. The fact that crypto money exchanges ...