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Tag: Bitcoin

markets bleeding

Extra Markets bleeding: Bitcoin plunged as investors cut their exposure to cryptocurrencies

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Bitcoin fell 8.6 percent on Thursday to under $36,000. The cryptocurrency is down more than 30 percent over the past two weeks and has fallen roughly from its recent highs. [ccpw id=”11234″] For comparison, Facebook’s market cap was $753 billion on Thursday afternoon, while Apple Inc.’s was $702 billion—both significantly higher than Bitcoin’s current worth. The widespread unwinding of risk assets has hit the...

Bitcoin, Cryptocurrencies, Front page, News

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microstrategy

If Bitcoin Falls Below $21,000, Microstrategy Will Be Forced To Sell Some Of Their Bitcoin

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The company’s CEO said that if the bitcoin price drops below $21,000, they would have to sell some of their holdings because they cannot afford to buy back the shares using only cash. MicroStrategy (NASDAQ: MSTR) has been around for three decades. Over that time, the company has developed and deployed a series of business intelligence software solutions to help its customers gain insight into their businesses. The company’s...

Bitcoin, Cryptocurrencies, ETF, Front page

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fidelity investments

Fidelity is Now Allowing Bitcoin Investments In Its 401k Plans

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Fidelity will allow its retirement plan clients to invest in Bitcoin, the company announced on Monday. The move is a historic moment for Bitcoin and cryptocurrency as a whole. Americans saving for retirement will now be able to allocate up to 20% of their 401(k) accounts to Bitcoin. Fidelity was quick to point out that the new policy is not an endorsement of the cryptocurrency, but more of a reflection of their customer’s needs....

Bitcoin, Front page, Trading

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Bitcoin Today - Block solar power - Sociopathic grandpa - Bitcoin whispers

Bitcoin Today: Miami solar power; Sociopathic grandpa; Bitcoin whispers

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Tesla, Block, and Blockstream team up to mine bitcoin off solar power in Texas A solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla has been announced by Blockstream, in partnership with Jack Dorsey’s Block. This is an exciting development for the companies involved, as well as for the future of cryptocurrencies like bitcoin. The ability to mine these currencies without relying on...

Bitcoin, Cryptocurrencies, Main, News

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This could be you: how it is to live with high inflation

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A Spanish tourist visited Argentina and was surprised by the country’s inflation, exchange rate, and saving habits. He opened a long Twitter thread to share his thoughts on how Argentina’s economy works. After the Spanish tourist Javier López finished his visit to Argentina, he began to write a thread on Twitter that would be liked and shared more than 10,000 times. In it, he explains how the inflationary Argentine economy works, according...

Bitcoin, Cryptocurrencies, Featured

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