Bitcoin

Altcoins
Bitcoin
Cryptocurrency
Ethereum

10 Important Cryptocurrencies Other Than Bitcoin

Bitcoin has not only been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, but also has become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. Key Takeaways A cryptocurrency, broadly defined, is a form of digital tokens or “coins” that exist on a […]

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Bitcoin
Inflation
Super Rich

The rich get richer: Rethinking Bitcoin's power as an inflation hedge

From turkeys to gasoline, clothes to dollar stores, nearly every avenue of human activity has been hit by the specter of inflation. Across the globe, rising inflation rates are disrupting purchasing plans and spending. In the face of this inflationary inferno, consumers and institutions holding devaluing fiat currency have sought out alternatives to hedge against. […]

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Bitcoin
Gold
Inflation

Goldman Says Bitcoin $100,000 a Possibility by Taking on Gold

(Bloomberg) — Bitcoin will continue to take market share from gold as part of broader adoption of digital assets, making the often touted price prediction of a $100,000 by advocates a possibility, according to Goldman Sachs Group. Goldman estimates that Bitcoin’s float-adjusted market capitalization is just under $700 billion. That accounts for 20% share of […]

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Bitcoin
Cryptocurrency
Inflation Hedge

Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?

This morning, the U.S. Bureau of Labor Statistics released updated numbers for its inflation-tracking Consumer Price Index (CPI), showing U.S. inflation has hit a 6.8% annualized rate. That adds up to the highest year-over-year inflation rate since 1982, which is decidedly not great. Among other implications, the number is another nail in the coffin of […]

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Bitcoin
Warren Buffett

Buffett stays buoyant as Bitcoin plunges 20% — here are the top 3 stocks he's holding instead

Buffett stays buoyant as Bitcoin plunges 20% — here are the top 3 stocks he’s holding instead As a value investor, Warren Buffett loves to buy quality assets on the cheap. But there’s one beaten-down asset he won’t be picking up anytime soon: Bitcoin. The price of the world’s largest cryptocurrency dropped more than 20% […]

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Bitcoin
Cryptocurrency

How Much of All Money Is in Bitcoin?

After its launch in 2009, Bitcoin ushered in a new era of blockchain technology and digital currencies. Given all the talk about Bitcoin, you’d think it would be everywhere. Is that really true? How much is Bitcoin worth? Perhaps more importantly, how much of the world’s money is in bitcoins? With the price of BTC […]

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Bitcoin
Bitcoin Mining
Crypto Mining
Cryptocurrency
Cryptocurrency Mining

Bitcoin Needs to Drop 80% Before Marathon Loses Money on Mining

(Bloomberg) — Bitcoin has a long way to drop before mining the digital token becomes unprofitable for North America’s largest crypto mining company. After factoring in energy and hosting costs, the breakeven rate on Bitcoin for Marathon Digital Holdings Inc. is roughly $6,500, according to Fred Thiel, the Las Vegas-based company’s chief executive officer. Even […]

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Bitcoin
Federal Reserve

Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020

Bitcoin’s October rally appears to have put the cryptocurrency on a firm footing ahead of central bank meetings in the U.S., U.K., and Australia to assess the stickiness of inflation and determine policy response. The top cryptocurrency rallied nearly 40% in October, hitting a fresh record high of $66,975 as investors cheered positive seasonality and […]

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Bitcoin
Cryptocurrency

Cathie Wood's $500K Bitcoin call is already happening — how to ride the wave to half a million

Cathie Wood’s $500K Bitcoin call is already happening — how to ride the wave to half a million Cathie Wood isn’t afraid to make bold predictions. Back in early 2018, the owner of Ark Invest said Tesla shares would go from $300 to $4,000 within five years — a potential upside of around 1,200%. Yet […]

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Bitcoin
Cryptocurrency

7 Cryptos You’ll Wish You Bought in 2021 as Bitcoin Surges

There’s a very compelling case to be made that cryptocurrency will move even higher in 2022. In short, that means now is the time to buy. Overall demand for cryptos will rise, bringing prices up for the entire market. Although that suggests prices will move up for most individual cryptocurrencies, there will obviously be winners […]

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Bitcoin
Cryptocurrency
Ethereum

Why Bitcoin-Related and Ethereum-Related Stock Marqeta Is Rising

Marqeta Inc (NASDAQ: MQ) shares are trading higher after the company, and Amount, announced the first virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later space. The partnership alleviates the digital tools gap that prevents many banks from entering the BNPL (buy now pay later) space, allowing them […]

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Bitcoin
Walmart

200 Bitcoin ATMs installed in Walmart stores

Walmart has teamed up with coin-cashing company Coinstar and digital currency exchange CoinMe to install 200 Bitcoin ATMs in stores across the US. To buy Bitcoin, customers must insert a banknote into the ATM before receiving a voucher with a code that can be redeemed through a CoinMe account, following a background check. Sam Doctor, […]

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Bitcoin
Cryptocurrency

Why Do Bitcoins Have Value? Bitcoin Explained

Bitcoin (BTCUSD) is often referred to as digital currency and as an alternative to central bank-controlled fiat money. However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy. Bitcoin’s network is decentralized, and the cryptocurrency is not used much in retail transactions. However, it can be […]

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Bitcoin
Cryptocurrency
Ethereum

Bitcoin vs. Ethereum: Which Is a Better Buy?

It’s no surprise that investors are interested in cryptocurrencies. They’re among the best performing asset classes this year. And the crypto community has rallied around the emerging asset class, stirring hype that cryptocurrencies are the next big thing in finance. Bitcoin was first traded in 2009. Back then, you could buy one of the new […]

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Bitcoin
Bitcoin Mining
Crypto Mining

Jack Dorsey says Square is ‘considering’ building a Bitcoin mining system

Jack Dorsey says that Square is “considering” building its own Bitcoin mining system using custom silicon and open source software. “Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide,” Dorsey wrote in a Twitter thread Friday. He added that such a project would follow […]

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