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Articles for Bitcoins, search results for value

Governments and banks once mocked Bitcoin. Now they want in on it
3 weeks ago

Governments and banks once mocked Bitcoin. Now they want in on it

Al Jazeera  

After topping $100,000, Bitcoin supporters see the cryptocurrency soaring even higher. Despite once labelling Bitcoin “a scam”, Trump has emerged as arguably the world’s most powerful advocate for the asset. “There’s now this growing feeling that the 21st century will be the century of Bitcoin.” Keiser spotted Bitcoin’s potential early on and advised people to buy it when its value …

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Gold vs Bitcoin: Here's what you should know before investing in these rising assets
1 month, 3 weeks ago

Gold vs Bitcoin: Here's what you should know before investing in these rising assets

Firstpost  

Gold is seen as a traditional, stable choice for wealth preservation, while Bitcoin offers high-risk, high-reward potential. Unlike gold, Bitcoin’s future is uncertain, with questions about its regulatory environment and potential adoption as a global financial tool Gold is a time-tested investment asset, while Bitcoin is a volatile, new-age asset. Some analysts that Bloomberg has spoken to have argued Bitcoin …

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Bitcoin Halving: Charting The Course For Crypto's Future Amidst Institutional Evolution
8 months, 3 weeks ago

Bitcoin Halving: Charting The Course For Crypto's Future Amidst Institutional Evolution

ABP News  

By Sumit Gupta As the Bitcoin halving approaches, the crypto landscape stands at a pivotal moment filled with potential. Post-2024 Halving: Miner Rewards To Decrease To 3.125 From 6.25 The initial Bitcoin halving in November 2012 saw the block reward decrease from 50 BTC to 25 BTC. Following the July 2016 halving, where the reward dropped from 25 BTC to …

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Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
10 months ago

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

Associated Press  

NEW YORK — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. Institutional demand for bitcoin show “no signs of slowing down,” H.C. Wainwright’s Mike Colonnese and Dylan Scales wrote Tuesday — adding that bitcoin’s popularity “is likely to accelerate in …

Crypto Price Ftx Etfs Bitcoin Halving
Bitcoin reaches record high amidst investor interest, global market dynamics
10 months ago

Bitcoin reaches record high amidst investor interest, global market dynamics

India TV News  

Bitcoin, the world's most popular cryptocurrency, soared to a new all-time high on Tuesday, reaching a staggering price of $69,202. Market resilience and economic outlook Bitcoin's remarkable climb, witnessing a surge of nearly 160% since October and a notable 44% increase in February alone, reflects its resilience amidst challenging market conditions. Global market dynamics The cryptocurrency market has also received …

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Crypto currencies have no underlying value, says RBI official
10 months, 3 weeks ago

Crypto currencies have no underlying value, says RBI official

The Hindu  

Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central bank official said. "Crypto currencies cannot be called currencies as they don't have any underlying value," P Vasudevan, an executive director at the RBI, said during a panel discussion organised by IIM-Kozhikode here. Ultimately it is a call that the government has to take …

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Investigators transferred bitcoins during probe, destroyed proof: SIT
11 months ago

Investigators transferred bitcoins during probe, destroyed proof: SIT

Hindustan Times  

The Special Investigation Team of the Criminal Investigation Department, in its probe into the Bitcoin scandal in Karnataka, said that police inspector Prashanth Babu and tech expert Santosh Kumar transferred bitcoins into a cryptocurrency hardware wallet. “They erased the important details related to Sriki’s bitcoin wallets in the Amazon Cloud server and deleted the bash history with the sole intention …

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BTC Price Rally: What BlackRock's ETF Move Has To Do With Bitcoin's Sudden Boost
1 year, 6 months ago

BTC Price Rally: What BlackRock's ETF Move Has To Do With Bitcoin's Sudden Boost

ABP News  

In a significant development for crypto investors, Bitcoin has surpassed $28,000, reaching its highest point this month, fueled by BlackRock's bid to establish a US exchange-traded fund. "The BlackRock ETF application seemed to have sparked the rally, but there are certainly other factors at play," remarked Aaron Brown, a crypto investor and Bloomberg Opinion contributor. Simultaneously, a new cryptocurrency exchange …

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Michael Saylor steps down as CEO of MicroStrategy as losses widen
2 years, 5 months ago

Michael Saylor steps down as CEO of MicroStrategy as losses widen

The Hindu  

The American business intelligence company MicroStrategy has announced that Michael Saylor, will be stepping down as CEO and taking up the role of Executive Chairman in order to focus on acquiring more cryptocurrency. “As Executive Chairman I will be able to focus more on our bitcoin acquisition strategy and related bitcoin advocacy initiatives, while Phong will be empowered as CEO …

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Bitcoin energy use suddenly drops after price collapse
2 years, 6 months ago

Bitcoin energy use suddenly drops after price collapse

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Separate figures from the Cambridge Bitcoin Electricity Consumption Index estimate a 25 per cent decline in energy …

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Why regulating cryptocurrencies is a big challenge for govt | OPINION
3 years, 1 month ago

Why regulating cryptocurrencies is a big challenge for govt | OPINION

India Today  

Much has been debated over the cryptocurrencies that has posed a significant regulatory challenge to policymakers. As free people of free nations, one is free to buy anything that they want with their tax-paid money, and hence people are free to buy cryptos. But why did the rest of the world give credence to such a currency, to the extent …

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What’s driving Bitcoin’s ride to new highs? More FOMO or inflation fears?
3 years, 2 months ago

What’s driving Bitcoin’s ride to new highs? More FOMO or inflation fears?

Live Mint  

A “validating moment” for Bitcoin — that’s how some have described its fresh all-time high, fueled by the successful launch of an inaugural U.S. exchange-traded fund for the cryptocurrency. And it’s a far cry from China’s recent blanket ban on crypto, which sent the Bitcoin mining industry on a mission to set up shop in states like Texas. Today’s hype …

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Crypto-Savvy U.S. Senator Sees the Future in Wyoming
3 years, 4 months ago

Crypto-Savvy U.S. Senator Sees the Future in Wyoming

Bloomberg  

In 2013 then-Representative Cynthia Lummis first heard about a new form of currency from her daughter and son-in-law, who helped Lummis buy her first Bitcoin for $330. Eight years later the first-term Republican senator from Wyoming has become one of Capitol Hill’s most ardent supporters of cryptocurrencies and the blockchain technology that powers them. Driven by curiosity about the subject …

Lummis
Could Elon Musk’s Bitcoin U-turn destroy the cryptocurrency market?
3 years, 7 months ago

Could Elon Musk’s Bitcoin U-turn destroy the cryptocurrency market?

The Independent  

Elon Musk performed a neck-snapping U-turn on Bitcoin this week. Yet on Thursday Musk conceded on Twitter that the environmental damage that is a by-product of the “mining” and transactions in Bitcoin was a serious concern and said that Tesla would be “suspending” allowing people to purchase Teslas with Bitcoin. The Bloomberg commentator Joe Weisenthal argues that limiting regulated financial …

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Column: Coinbase had a great public stock offering. That doesn’t make bitcoin legit
3 years, 8 months ago

Column: Coinbase had a great public stock offering. That doesn’t make bitcoin legit

LA Times  

All eyes in the bitcoin world and beyond were on Coinbase on April 14 when the firm became the first cryptocurrency platform to go public. — Coinbase Another called the firm’s Nasdaq listing a sign of “the growing mainstream adoption of bitcoin and crypto for the coming years.” Or maybe not. Business A timely warning from the feds: Bitcoins are …

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The dark side of Bitcoin’s meteoric rise
3 years, 9 months ago

The dark side of Bitcoin’s meteoric rise

Al Jazeera  

Bitcoin may be making some investors rich — at least for now. If FOMO is getting the best of you, consider this: Bitcoin may be making some investors fabulously rich, right now at least, but at what cost to people, and the planet? In this episode: Guest host Patricia Sabga, managing business editor for Al Jazeera Digital; Ben Piven, journalist …

This Episode Rise Bitcoin
Bitcoin surges above $US47,000, driven by Elon Musk and Tesla's $US1.5b cryptocurrency bet
3 years, 11 months ago

Bitcoin surges above $US47,000, driven by Elon Musk and Tesla's $US1.5b cryptocurrency bet

ABC  

Bitcoin, the infamously volatile cryptocurrency, has surged to its most expensive levels ever thanks to the world's richest man. Key points: The price of bitcoin has surged by more than 330pc in the past year PayPal, Square and Tesla are some of the big companies that have invested in cryptocurrencies Tesla plans to accept bitcoin as a payment method "in …

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$60 Million Worth of Bitcoins Seized from Fraudster Who Refuses to Give Up the Password
3 years, 11 months ago

$60 Million Worth of Bitcoins Seized from Fraudster Who Refuses to Give Up the Password

News 18  

German prosecutors have confiscated more than EUR 50 million worth of bitcoin from a fraudster. The man was sentenced to jail and has since served his term, maintaining his silence throughout while police made repeated failed efforts to crack the code to access more than 1,700 bitcoin, said a prosecutor in the Bavarian town of Kempten. “Perhaps he doesn’t know.” …

Bitcoin
Can You Buy Bitcoin in India? Is It Legal? How to Make a Profit?
3 years, 11 months ago

Can You Buy Bitcoin in India? Is It Legal? How to Make a Profit?

The Quint  

How did the value of bitcoin increase so dramatically? Even though bitcoin is a virtual currency, the production of it incurs real cost. The limited supply has fueled the bitcoin hype, which has led to a sharp increase in its price. Not only the supply and demand chain, but the market competition has increased the price of the bitcoins as …

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Key reasons why Bitcoin's popularity is growing among global investors
4 years ago

Key reasons why Bitcoin's popularity is growing among global investors

India Today  

The value of popular digital currency Bitcoin has been touching new highs every day as many favourable investors are betting big on the cryptocurrency to become a mainstream asset. Global investment bank and financial services provided JP Morgan Chase and Co has said that in the long-term, Bitcoin’s value may see a sharp rise, provided volatility remains under control. While …

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Explained: Reason behind Bitcoin's meteoric rise in 2020
4 years ago

Explained: Reason behind Bitcoin's meteoric rise in 2020

India Today  

In a year when currency valuations across the world have suffered due to the coronavirus crisis, one digital currency has managed to register a meteoric rise and a surprising comeback. Bitcoin’s meteoric rise in Covid-hit 2020 Most analysts believe that the Covid-hit year is responsible for the revival and meteoric rise of the digital currency. The fact that interest rates …

Cryptocurrency Bitcoin Digital Currency Investors Rise Meteoric Rise
Stablecoins gain traction amid volatility in bitcoins
5 years, 7 months ago

Stablecoins gain traction amid volatility in bitcoins

Live Mint  

Cryptocurriencies such as bitcoins have always been both the joy and bugbear of investors. According to a March 2019 report ‘‘State of Stablecoins’ released by Blockchain.com, the total market value of all stablecoins more than doubled in the past 12 months—up from $1.4 billion at the start of 2018 to $3 billion currently. The total market value of all stablecoins …

Blockchain Currencies Stablecoins According Hileman Stablecoins
Will stablecoins upstage bitcoins?
5 years, 7 months ago

Will stablecoins upstage bitcoins?

Live Mint  

On 30 May, investors witnessed a sharp $1,000 decline in the price of bitcoin. Stablecoins, according to the report, are already an important part of the digital assets ecosystem--Tether is the second-most actively-traded cryptocurrency at approximately 75% of bitcoin daily trading volume in 2019--up from 57% in 2018. According to Garrick Hileman, Head of Research, Blockchain, while asset-backed stablecoins reduce …

India Market Blockchain Indian Bitcoins Tether Fiat Currencies