Author: admin-crypto

Here’s what 6 crypto experts said about Tesla’s $1.5 billion bitcoin investment. By Shalini Nagarajan Tesla on Monday made its biggest endorsement of bitcoin, saying it invested $1.5 billion in the token. It helps to bring bitcoin further into the mainstream, as both a form of payment and an investment. Insider compiled quotes from six experts on what this could mean for new buy-in from large investors. Tesla on Monday revealed a $1.5 billion investment in bitcoin that pushed the digital currency to a record high of $47,889. The electric-car maker also said it would soon begin accepting bitcoin as payment for its products. Some…

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Bitcoin price hits record high amid Elon Musk’s US $1.5bn crypto move. By Jessica Yun Bitcoin’s price (BTC) hit a new record high after electric vehicle maker Tesla announced it had purchased US $1.5 billion (AU $1.95 billion) of the digital currency and that it would start accepting it as payment in the future. The move sent the popular cryptocurrency to a new high, breaching US $44,000 on Monday, a spike of 14 per cent following the announcement. Meanwhile, Tesla (TSLA) shares rose by 2 per cent. In a filing to the US Securities Exchange and Commission on Monday, the company wrote that its…

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Winklevoss twins say bitcoin will soar to $500,000 and surpass gold as a store of value. By EMILY GRAFFEO Tyler and Cameron Winklevoss told CNBC on Monday that bitcoin will skyrocket to $500,000 within the next decade and surpass gold as a store of value. “Our thesis is that bitcoin is gold 2.0, that it will disrupt gold, and if it does that, it has to have a market cap of 9 trillion, so we think it could price one day at $500,000 of bitcoin,” Tyler Winklevoss said. The cofounders of Gemini explained that Bitcoin is a better store of value than gold and offers higher returns. Bitcoin…

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Bitcoin is now Worth more than Visa and Mastercard Combined. By WILLIAM SUBERG The largest cryptocurrency also recently beat the world’s three biggest banks by market cap, data confirms. Bitcoin (BTC) did more than hit $60,000 per coin last week — it also became worth more than the world’s three biggest banks combined. According to publicly available data, the largest cryptocurrency surpassed the three highest-valued global banking giants by market capItalization. Bitcoin market cap blasts past financial stalwarts At its all-time highs of $61,700, Bitcoin’s market cap was roughly $1.15 trillion. The combined market cap of JPMorgan Chase, Bank of America and the…

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The Number of Bitcoin ATMs Surged by 70% in Six Months and hit 16,500 in March. By Jastra Kranjec As one of the quickest and most convenient ways to transfer physical cash into Bitcoin or other cryptocurrencies, Bitcoin AMTs continued their impressive growth in 2021. According to data presented by Trading Platforms, the total number of Bitcoin ATMs surged by 70% in the last six months and hit 16,500 last week. Almost 2,600 New BTMs in Three Months, More Than in the Entire 2019 Bitcoin ATMs, also known as BTMs, enables users with quick access to cryptocurrencies like Bitcoin. Developed countries like the…

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The son of ‘gold bug’ and bitcoin critic Peter Schiff moved 100% of his portfolio into the cryptocurrency. By SHALINI NAGARAJAN Bitcoin critic Peter Schiff’s son has moved all of his portfolio investments into the cryptocurrency. Schiff called his son “brainwashed” and said he needs to “disinherit” him, or his money would be wasted. The wealth manager regularly clashes with crypto advocates over his bitcoin predictions. Spencer Schiff, the son of bitcoin detractor Peter Schiff, has decided to move 100% of his portfolio investments into the world’s most popular cryptocurrency. “My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k,” the outspoken CEO and…

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Billionaire Mark Cuban praised Dogecoin, trumpeted DeFi and NFTs, and dismissed bitcoin as an inflation hedge. By Theron Mohamed Mark Cuban championed Dogecoin and blockchain in an interview this week. The “Shark Tank” star argued bitcoin isn’t a currency, or hedge against inflation. Cuban also touted decentralized finance (DeFi) and non-fungible tokens (NFTs). Tech billionaire Mark Cuban trumpeted decentralized finance (DeFi), dismissed bitcoin as a hedge against inflation, and explained why he loves dogecoin on Cointelegraph’s “Blockchain & Booze with Adam Levy” show this week. The “Shark Tank” star and Dallas Mavericks owner – who sold his audio-streaming startup to Yahoo during the dot-com frenzy…

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Who wished they had bought Bitcoin almost 10 years ago when I told my clients to? By Jamie McIntyre I have many friends that wish they’d listen when I told them to buy bitcoin almost a decade ago. It’s good to know many of my clients who had little money but did invest are today millionaires. Most through property and businesses they have bought and grown and many from Bitcoin. What am I predicting now ? See the latest McIntyre report on Australian National Review. It’s estimated my clients collectively have made over $2.5 billion and most were not wealthy when they…

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Bitcoin surging to a record high on Tuesday, a day ahead of Coinbase Global’s public stock listing and Bitcoin 2.0 is timing its listing to perfection May 28th By CNBS News Bitcoin surging to a record high on Tuesday, a day ahead of Coinbase Global’s public stock listing (https://www.barrons.com/articles/huge-coinbase-first-quarter-sets-stage-for-ipo-next-week- 51617975060?mod=article_inline) — the latest coming-out party for cryptocurrencies spells good news for Bitcoin 2.0 April 28 listing. The price of Bitcoin rose as high as $63,209 before giving back some of those gains, according to Coindesk. It was more recently trading at $62,892, up 4.4% in the past 24 hours. “I think…

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Bitcoin Hits New High. Why This Isn’t 2017 All Over Again. By Avi Salzman The price of Bitcoin rose as high as $63,209 before giving back some of those gains, according to Coindesk. It was more recently trading at $62,892, up 4.4% in the past 24 hours. “I think obviously this week’s hugely important,” Richard Byworth, CEO of crypto company Diginex (ticker: EQOS), said in an interview on Monday. “On a technical level Bitcoin has been bumping up against that all-time high of about $62,000 for some time. I think this is going to be the catalyst that helps drive the…

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