[Forbes, Getty Images] Bitcoin and cryptocurrencies have surged over the last couple of months, with the bitcoin price hitting highs of around $52,000 per bitcoin—up from under $30,000 just a few months ago. The price of top ten cryptocurrencies ethereum, cardano, Binance’s BNB, Ripple’s XRP, solana and dogecoin have also rocketed in recent […]
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[Forbes, Getty Images] Bitcoin and cryptocurrency prices have soared this weekend, with the bitcoin price making significant gains over $40,000. The bitcoin price climbed to almost $43,000 per bitcoin last night, its highest since mid-May and almost $10,000 higher than its price this time last week. Meanwhile, the ethereum price has […]
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(Reuters) – Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its monthslong range as short sellers bailed out and traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors. Bitcoin was last up 1.7% at $40,149 while rival cryptocurrency ether rose […]
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[CNBC, Getty Images] In May, Beijing called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.” Texas is an ideal destination for miners, thanks to its abundance of solar and wind power, its unregulated market, and its […]
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[CNBC, Intel] Within a decade, quantum computing is expected to be able to hack into cell phones, bank accounts, email addresses and bitcoin wallets. “The National Institute of Science and Technology (NIST) has been working on a new standard for encryption for the future that’s quantum proof,” said Fred Thiel, […]
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[Forbes] Nayib Bukele, the President of El Salvador, instructed the country’s geothermal electrical company, LaGeo, to put together a plan for establishing Bitcoin mining facilities: El Salvador made a splash this week by becoming the first country to make Bitcoin legal tender. Last night on a Twitter Spaces room hosted by […]
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[Reuters] The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record. Deputy Attorney General Lisa Monaco said investigators had seized 63.7 bitcoins, now valued at about $2.3 million, paid by […]
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[CNBC | Bloomberg | Getty Images] El Salvador President Nayib Bukele plans to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender. Bukele broadcast his intentions on a video at the Bitcoin 2021 conference in Miami. Bukele said the country is partnering […]
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[CNBC | Bloomberg | Getty Images] Starting Tuesday, Coinbase Pro will accept inbound transfers of dogecoin. Trading will begin on or after 9 a.m. PT Thursday June 3, if liquidity conditions are met. Coinbase (COIN) is finally getting into dogecoin. Starting Tuesday, the crypto exchange is offering its Pro users the […]
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[Yahoo! Finance, Getty] After watching bitcoin prices fall through a trapdoor over the past month, the bulls invested in the space have only one good option: stay long. “From here on out you are going to have to be a bit more discerning [in crypto], find projects that are adding value […]
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