Bitcoin Price Crashes Below $50k In Largest Single-Day Drop Since September — Possible Reasons Why

On Saturday, Bitcoin’s price saw yet its largest drop in a single day in more than three months, dipping to $45,063. This is after fresh concerns of the new Covid variant suppressing markets and fears of Mt Gox creditors dumping their Bitcoins gripped market participants, sending them into a selling frenzy. In less than four […]

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Bitcoin On Course to be World’s Largest Transaction Network

Bitcoin has gotten off to a great start this year. The largest digital coin on the market has already seen many remarkable feats this year, setting different all-time highs, and now trades at over $47k.

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Bitmain CEO Steps Down From World’s Largest Bitcoin Mining Manufacturer

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Pornhub’s Premium Services Now Default to Crypto Payments, 13 Digital Assets Supported

During the first week of September, the world’s largest adult web portal Pornhub expanded its payment options by adding bitcoin and support for three other cryptocurrencies. However, after Mastercard and Visa severed ties with Pornhub last week, the company’s premium services payment processor now defaults to cryptocurrency only.

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Bitcoin Adoption has Achieved Another Milestone; Primed for Additional $600 Billion Demand: JPMorgan

According to JPMorgan Chase, Massachusetts Mutual Life Insurance Co. 's recent investment in Bitcoin means there is potential for additional institutional demand for the largest cryptocurrency in coming years.

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Bitcoin Closes in on JPMorgan’s $364 Billion Market Cap

Bitcoin is closing in on its all time high price and is closely being tracked across the entire financial space. The largest cryptocurrency is now getting ready to pass and contend with some of the largest non blockchain-related companies in the world.

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What part are Ethereum-only portfolios playing?

With Bitcoin’s price dropping below $19,000, the focus has shifted from the world's largest cryptocurrency to Ethereum and the rest of the market's altcoins. Institutions that dabbled in Bitcoin sinThe post What part are Ethereum-only portfolios playing? appeared first on AMBCrypto.

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Bitcoin price analysis: 13 December

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Bitcoin, the world's largest cryptocurrency, was hovering in the $The post Bitcoin price analysis: 13 December appeared first on AMBCrypto.

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Fidelity CEO Abigail Johnson takes rare interview, expresses excitement about Bitcoin

The chief executive of one of Wall Street’s largest firms, Fidelity Investments, recently took a rare interview with Barron’s Magazine. The post Fidelity CEO Abigail Johnson takes rare interview, expresses excitement about Bitcoin appeared first on CryptoSlate.

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Microstrategy Ready to Buy $650M of Bitcoin

MicroStrategy is already one of the largest corporate holders of the digital currency. However, the more than 40,000 BTC it holds is clearly not enough for CEO Michael Saylor. MicroStrategy’s bond sale raises $150 million more than expected MicroStrategy and its CEO Michael Saylor have quickly become one of the cryptocurrency industry’s biggest talking points.

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Bitcoin Exchanges See Largest BTC Outflow in 3 years

A record single-day Bitcoin (BTC) outflow from crypto exchanges is triggering renewed optimism for further parabolic price advance for the largest cryptocurrency by market capitalization. Bitcoin is currently up more than 150 percent year-to-date (YTD) and recently set a new all-time high (ATH) less than three years to the date of its previous ATH.

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Best Coinbase Alternatives 2021 – Better Exchanges than Coinbase

There are plenty of options out there when it comes to buying Bitcoin. However, the options become fewer and fewer when it comes to buying Bitcoin in your home country’s fiat currency. When most people think of purchasing Bitcoin using fiat currency, they think about one of the largest exchanges – Coinbase.

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Ethereum May Surpass Bitcoin’s Market Cap in the Next 10 Years, Says Economist Raoul Pal

Economist Raoul Pal says Ethereum’s (ETH) probable adoption as programmable money may see it becoming the largest cryptocurrency by market capitalization, overtaking Bitcoin (BTC) within the next ten years.

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Whales Sell Down Bitcoin Rally: Why This Is Fundamentally Bullish For Crypto

Bitcoin price is now below $18,000 and the distance from the all-time high set just weeks ago is increasing by the day. The incredible rally of 2020 might have now come to an end, with the tipping point caused by some of the largest cryptocurrency whales offloading their coins.

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CleanSpark Acquires ATL Data Centers; Now One of the US’ Largest Publicly-Traded BTC Producer

Everyone wants to take a bite of cryptocurrencies. Every day a new big-name announces their digital asset investment. Just this week, Southeast Asia’s biggest bank, DBS Group Holdings, announced its digital exchange and insurance behemoth MassMutual purchased $100 million in Bitcoin in the long line of mainstream herd jumping on the crypto bandwagon.

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Bitcoin Drops Under $17,600 Despite ‘Ample Monetary Stimulus’ From The European Central Bank (ECB)

Today, Bitcoin went down to as low as $17,570 in the Asian and European trading session before making its way above $17,900 with a mere $3. 37 billion in ‘real’ trading volume. With the latest round of losses came the largest drop in the Bitcoin exchange balance in more than 3 years of 1.

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Fidelity Digital to Accept Bitcoin (BTC) as Collateral for Cash Loans

Asset manager Fidelity continues to embrace the premier cryptocurrency. Fidelity Digital to Hold BTC as Collateral for Cash Loan In what comes as the latest impetus for the adoption of the world’s largest cryptocurrency, Fidelity Digital recently announced that it would be accepting BTC as collateral for cash loans.

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Founder of World’s Largest Hedge Fund Ray Dalio Sees Bitcoin as Gold Alternative in Portfolios

Billionaire hedge fund manager Ray Dalio, a long-time bitcoin skeptic, is warming up to the cryptocurrency. The founder of Bridgewater Associates, the world’s largest hedge fund, now says that bitcoin “could serve as a diversifier to gold and other such storehold of wealth assets.

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Singapore bank DBS Group no longer considers Bitcoin a pyramid scheme

A few months after the launch of DBS Digital Exchange, Singapore’s largest financial services provider has announced plans to launch a crypto trading platform. Investment holding Singapore Exchange has already shared that it will own 10% of the shares of the new trading platform.

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Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange

DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’ crypto trading platform supports four fiat currencies and four cryptocurrencies, including bitcoin.

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ChangeNOW Integrates Uniswap, Traders Can Now Swap ERC-20 Tokens with Bitcoin, Monero, and More

ChangeNOW, a Seychelles-based instant crypto-to-crypto, fiat-to-crypto non-custodial exchange, is integrating Uniswap—the Ethereum-based decentralized exchange and one of the largest in the world. They are now the first instant crypto exchange service to integrate Uniswap into its platform.

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Spain’s Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerland

BBVA, the second-largest bank in Spain, has announced the launch of its bitcoin trading and custody service through its Swiss subsidiary. Beginning with bitcoin, BBVA plans to expand its services for other cryptocurrencies.

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World’s Largest Hedge Fund Is Warming Up to Bitcoin; Ray Dalio says BTC is an ‘Interesting Gold-like Alternative’

In his latest Reddit Ask-Me-Anything (AMA) session, the founder of the world's largest hedge fund Bridgewater Associate, Ray Dalio, touched upon Bitcoin, in which there have been tons of questions.

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Mike Novogratz Says Put 5% of Your Net Worth in BTC

He also claims that he has up to 50% of his own money in crypto. This comes after the largest correction in weeks. Fortune Telling Novogratz In an interview on CNN with Julia Chatterley, Billionaire Mike Novogratz has once again made the bullish case for bitcoin.

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Grayscale: 62% of new investors are now “very familiar” with Bitcoin

Grayscale Investments, arguably the world’s largest and most influential crypto fund, published results of a survey conducted last month that measured public sentiment, knowledge, and adoption of Bitcoin among new accredited and institutional investors.

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Bridgewater’s Ray Dalio Softens Stance on Bitcoin, Says It Has Place in Investors’ Portfolios

The founder of the world's largest hedge fund says bitcoin can for part of a diversified portfolio, though he may still prefer gold.

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Foxconn Ransomware Attackers Demanded $35 Million Payment In Bitcoin (BTC) to Decrypt Files

According to reports from BleepingComputer, Foxconn, one of the largest electronic companies in the world, was faced with a ransomware attack by a popular hacking group, DopperPaymer. The report confirms the hack was first noticed on November 29th when the hackers gave the company 3 days to make a ransom payment to an unknown wallet […] The post Foxconn Ransomware Attackers Demanded Million Payment In Bitcoin (BTC) to Decrypt Files first appeared on BitcoinExchangeGuide.

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MicroStrategy Can’t Get Enough Of Bitcoin; Ready to Bet $400 Million More

MicroStrategy has already invested in the largest digital asset three times, bringing its total investment to $475 million representing 40,824 BTC in total. But the company is not done and is planning to go another $400 million deeper into Bitcoin.

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Bitcoin short-term Price Analysis: 07 December

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin, the world's largest cryptocurrency, briefly tested the $The post Bitcoin short-term Price Analysis: 07 December appeared first on AMBCrypto.

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Why HODLers are increasing Bitcoin's utility

It's been a good few weeks for Bitcoin, the world's largest cryptocurrency. Not only did BTC climb to a new ATH recently, but it has also emerged to become the world's fastest adopted asset. This was The post Why HODLers are increasing Bitcoin's utility appeared first on AMBCrypto.

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Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit

One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC).

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Ethereum, Cosmos, VeChain Price Analysis: 05 December

Thanks to Bitcoin's performance over the past 10 days, many of the market's altcoins noted sharp upticks recently. However, that wasn't to last as the world's largest cryptocurrency continued to consoThe post Ethereum, Cosmos, VeChain Price Analysis: 05 December appeared first on AMBCrypto.

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Bitcoin is now the 7th largest currency in the world

Bitcoin is the asset with the highest ROI when stacked against Gold, US Real Estate, US Stocks, Emerging currencies, and Oil, based on Willy Woo’s Bitcoin adjusted returns chart. This is a significaThe post Bitcoin is now the 7th largest currency in the world appeared first on AMBCrypto.

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Cardano, BAT, Dash Price Analysis: 04 December

The past few days have been understandably bullish for the crypto-market. Not only did Bitcoin, the world's largest cryptocurrency, climb to a new ATH on certain exchanges, but the past week also saw The post Cardano, BAT, Dash Price Analysis: 04 December appeared first on AMBCrypto.

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Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market

The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market. ” Moreover, the cryptocurrency has a “real impact on the U. S. dollar,” making the need for the USD “less relevant.

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See what billionaires holding Bitcoin have to say about the world’s largest cryptocurrency

Bitcoin’s end of the year rally has brought in more people than ever into the space, and that includes some of the richest people in the world. The post See what billionaires holding Bitcoin have to say about the world’s largest cryptocurrency appeared first on CryptoSlate.

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Bitcoin Institutional Adoption Is Flashing Green; Money Is Flowing from Gold into BTC

As Bitcoin continues to rally hard to its new all-time highs, more and more people and institutions have come out in support of the largest cryptocurrency. “Bitcoin’s moment has arrived,” said Guy Hirsch of eToro US, according to whom institutional involvement is one of the reasons for the recent advance.

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Bitcoin Could Evolve Into A Global Market, Says Head Of The World’s Largest Asset Firm

2020 will go down as the year that powerful bitcoin narratives changed especially among traditional financiers and institutional clients who have long had reservations about cryptocurrencies. The likes of Paul Tudor Jones and MicroStrategy’s Michael Saylor are two of many who have become staunch bitcoin advocates.

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Crypto Buying App Ziglu Bags Largest Raise of 2020 on UK Crowdfunding Site Seedrs

U.K.-based bitcoin app Ziglu raised over $8 million in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year.

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CEO of World’s Largest Asset Manager Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset

The head of the world's largest asset manager has provided a bullish take on the world's first cryptocurrency.

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Bitcoin price surges to new all-time high

On December 1, the largest cryptocurrency by market capitalization surpassed the previous all-time high reached in 2017.

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Bitcoin (BTC) price corrects after hitting a new all-time high

Bitcoin (BTC) price touched an all-time high on Monday to continue its impressive rally this year thanks to a surge in demand from retail and institutional investors. Fundamental analysis: Increase in institutional demand The world’s largest cryptocurrency surged over 170% year-to-date, boosted by an increase in demand for safe-haven assets as a result of unprecedented fiscal and monetary stimulus from central banks around the world, and thanks to its appeal as a hedge against inflation.

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Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020

One of the largest Bitcoin purchases in 2020 took more than five days to complete.

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Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row.

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Crypto Community Rejoices As Bitcoin Sets A Fresh All-Time High; What Next?

After almost three years of patiently waiting, investors of the world’s largest cryptocurrency have celebrated a new record high on Monday after the price soared past $19,800, topping the previous all-time high registered in December 2017.

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Chinese Province to Curb Electricity for Miners

One of the largest Chinese mining hubs has banned power stations from supplying energy to Bitcoin miners

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Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run

Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed its 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone on Monday […] The post Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run appeared first on Bitcoin News.

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First Mover: You Call That a Record? Bitcoin’s November Gains Are 3x Stock Market’s

It's no longer really news when bitcoin outperforms traditional markets, but November could prove a crucial month for the largest cryptocurrency. 

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CME Now the World’s Largest Bitcoin Futures Market

The Chicago Mercantile Exchange (CME) has overtaken OKEx to become the largest market for Bitcoin futures in the world. Traditionally, CME’s BTC futures figures are seen as the closest thing that exists to a metric that gauges institutional involvement in Bitcoin.

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