Day: March 13, 2021

Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer – Mining Bitcoin News

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According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing hardware. Norwegian Hedge Fund Giant Dips Into the Crypto Economy Norwegian news reports detail that the billionaire hedge fund manager Ole Andreas Halvorsen is dipping his toes into the cryptocurrency space. A report from Trijo explains that the…

Cryptocurrency Exchange Binance May Regulate Before Getting Regulated

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Ah, the wonders of the internet. A free and vast open space of almost limitless potential and perversion. But unbeknownst to many Americans, in parts of the world, access to certain corners of the web is either restricted, censored or outright blocked, except when it comes to cryptocurrency exchanges, where the roles are sometimes reversed. On the world’s largest cryptocurrency exchange by volume Binance, an American IP address is a surefire way to get rejected for trading. But Americans have long used VPNs or virtual private networks to circumvent such restrictions.…

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Bitcoin Hits $60,000 With Institutional Demand Still on the Rise

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Bitcoin has reached a new all-time high of $60,310 this Saturday, finally breaking out of its consolidation zone between levels of $56k-$58k. The recent increase in price came shortly after Michael Saylor, CEO of MicroStrategy Incorporated (NASDAQ: MSTR), announced his company bought 262 additional Bitcoins – approximately $15 million. Institutional Demand for Bitcoin Still on the Rise Not only MicroStrategy helped to boost BTC’s price.  Currently, the institutional demand for Bitcoin has not lowered since January. Several institutions in the finance industry are currently seeking ways of embracing BTC for its…

What is the Crypto Market AND how can you make money?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to Your Stocks & Crypto Quick Start Course! We’re super excited to launch our FREE YouTube Training Course, so you can learn how to profit from the financial markets, no matter your situation or economic climate! Every Monday & Friday we’ll be uploading a series of videos, giving you a step-by-step guide on how to go from beginner to intermediate – from the comfort of your own home. This is the perfect opportunity to get all your questions answered! Don’t miss…

long-dormant MoonCats project rides NFT mania to the moon

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As the profusion of new algorithmically-generated nonfungible toke projects drives down the premium on digital rarity, digital history and being among the “firsts” has become a more reliable source of value. As a result, long-forgotten projects are being unearthed by on-chain sleuths, and yesterday they might have struck gold on their biggest find yet.  At 7 AM UTC March 12, Twitter user and NFT collector “ETHoard” posted a short thread on what may be the second-ever nonfungible collectibles project launched on Ethereum, MoonCats. While maybe not as eye pleasing as…

Tom Lee: Too much scared money on the sideline

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s “Power Lunch” team discusses the bull case for stocks and investment strategies for the current economic environment with Tom Lee of Fundstrat. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith…

Analysts say $60K Bitcoin price signals BTC has ample ‘room to run’

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Bitcoin (BTC) bulls finally mustered enough strength to push the top-ranked cryptocurrency through the $60,000 level and citing key on-chain metrics, analysts believe the bull run has a ways to go before reaching any considerable resistance. Since pushing back above $50,000 on March 9, every dip in Bitcoin price has been quickly purchased by institutional investors and the BTC balance of whales has also continued to grow over the past few months. BTC/USDT 4-hour chart. Source: TradingView What’s next for Bitcoin price? A recent report from Ben Lilly, an analyst…

Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi in 2021 – Finance Bitcoin News

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A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year. 70% of the Respondents Already Invested in Bitcoin According to Xangle, who surveyed 379 accredited investors, 67% of them have some knowledge about defi. Overall, such respondents claimed to have developed a significant interest in the cryptocurrency industry over the past year. But the higher interest goes beyond the respondents, as 72.2% of…

Blockchain can stamp out fake news and rebuild trust in mass media

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Fact-checking agencies are in charge of verifying facts and claims in the news that may be distorted in the process of rewriting or for any political purposes. The news text may consist of truthful information written in a neutral format peculiar to the news, but one sentence may contain a false fact or claim whose origin is unknown. In addition, the state itself has begun to produce false information, as was the case with former U.S. President Donald Trump’s famous Twitter account. The main strength of fake news is the…