Tag: News

Robert Kiyosaki Predicts Gold Price Soaring to $3,800 While Silver Rises to $75 in 2023 – Markets and Prices Bitcoin News

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will soar to $3,800 this year while silver will hit $75. He also shared why he became “a gold bug” and “a silver nut.” Robert Kiyosaki’s 2023 Gold and Silver Price Predictions The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his prediction on how high he thinks the prices of gold and silver will reach in 2023. Rich Dad Poor Dad is a 1997 book co-authored by…

Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News

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A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages. Authorities in Iran Give Confiscated Mining Rigs Back to Their Owners Iran’s Organization for Collection and Sale of State-Owned Property (OCSSOP) has started to return to miners some of the mining devices seized in raids on underground crypto farms. It was ordered to…

A Look Back at the Birth of Cryptocurrency – Bitcoin News

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14 years ago on Jan. 3, 2009, Satoshi Nakamoto launched the Bitcoin network and block zero at approximately 1:15 p.m. (ET) on a Saturday afternoon. Satoshi’s technology allows “online payments to be sent directly from one party to another without going through a financial institution.” Since Bitcoin was born it changed the financial system significantly, and it sparked an entire cryptocurrency economy worth more than $800 billion in value. The History and Significance of Bitcoin’s Genesis Block: 14 Years Later Today is the 14th anniversary of the genesis block, otherwise…

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks – Market Updates Bitcoin News

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After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value Loss After Launch Since their launch in September 2022, the two newly introduced Ethereum forks that use a proof-of-work (PoW) consensus algorithm have seen significant value loss. Ethereum itself made the transition from PoW to proof-of-stake (PoS) on Sept.…

SOL Surges 8%, as ATOM Nears 1-Month High – Market Updates Bitcoin News

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Solana was up by almost 8% on Tuesday, as the token rose for a fifth consecutive session. Recent moves have come despite the Christmas and New Year period, where market volumes were somewhat muted. Cosmos was also in the green, as prices rose to a multi-week high. Solana (SOL) Solana (SOL) was one of the notable gainers on Tuesday, as the token climbed by as much as 8% in the day. Following a low of $11.05 on Monday, SOL/USD surged to an intraday peak of $12.02 during today’s session. The…

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert – Bitcoin News

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Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675 billion to Genesis. Silbert, however, responded on social media, denying the claim. Gemini Co-Founder Publishes Open Letter to DCG Chief Executive Barry Silbert Demanding He Resolves Liquidity Issues by Jan. 8, 2023 Gemini co-founder Cameron Winklevoss shared an open letter on Twitter on…

Syrian Central Bank Devalues Local Currency by Nearly 50% – Economics Bitcoin News

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The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will take steps to end activities that undermine the stability of the exchange rate. Currency Collapse Worsens the Plight of Syrians The Syrian central bank said on Jan. 2 that it has adjusted the official exchange rate from 3,015 pounds for every dollar, to 4,522. Yet, despite the nearly 50% devaluation, the new official…

BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes – Market Updates Bitcoin News

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Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up following the New Year’s celebrations. This comes as traders turn their attention to tomorrow’s Federal Open Market Committee (FOMC) minutes report. Ethereum also continued to trade above $1,200 in today’s session. Bitcoin Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24 hours after trading at a low of…

Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik – Bitcoin News

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According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 Million in Losses On Dec. 31, 2022, Certik tweeted that the last month of the year saw the least amount of exploits, hacks, and scams. All the incidents combined added up to roughly $62.2 million,…

Revolutionary 3D Mapping is Now Available – Sponsored Bitcoin News

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sponsored OVER has launched the Map2Earn Beta program: revolutionary 3D mapping is now available to everyone. It is an innovation that solves the geo-location problem in Augmented Reality (AR). Over Map2Earn Is Now Live in Its Beta Version OVER Map2Earn has launched its program for geo-location in Augmented Reality (AR) in its Beta version. Specifically, it is geo-locating with 20 cm accuracy outdoors and indoors, compared to GPS, which offers above 6 meters outdoors, allowing immersive experiences in the metaverse to be increasingly perfect. And indeed, the Map2Earn program of…