Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators

Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. дальше »

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Bitcoin Energy Concerns Unlikely to Crash Its Long-Term Path, Cathie Wood Says

Cathie Wood, the founder, and CEO of Ark Invest has tossed her viewpoint over Bitcoin’s mining energy consumption, citing it as a minor setback to the asset’s path in the future. She further stated that although the energy problem is a major concern, it is temporary. дальше »

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Ukrainian Monobank plans to offer BTC trading in July

Monobank, a leading electronic bank in Ukraine, is gearing up to launch Bitcoin (BTC/USD) trading in July. A report unveiled this news earlier today, citing the organization’s co-founder, Oleg Gorokhovsky. дальше »

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Flashcoin’s Solution to Tesla’s Bitcoin Environmental Issues

Earlier this year, Tesla announced its plans to accept Bitcoin as a payment method for its products. However, Tesla CEO Elon Musk has reversed this decision, and Tesla has discontinued accepting Bitcoin, citing environmental reasons. дальше »

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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin

Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »

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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele

Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »

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World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues

The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. дальше »

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World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparency Shortcomings”

Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard. дальше »

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El Salvadorian government discusses paying salaries in Bitcoin (BTC)

Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »

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JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors. дальше »

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Elon Musk’s Tesla Can’t Say No To Bitcoin Payments In El Salvador

The past few weeks have seen the price of Bitcoin dwindle after Elon Musk’s announcement that Tesla would no longer accept Bitcoin as payment for its products. Musk, who in March announced that Tesla would accept Bitcoin as payment for its cars and other products, but had to retract the decision citing strong outcry by […] дальше »

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IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. дальше »

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Microstrategy Received $1.6 Billion in Orders For Their Bitcoin Offering

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UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”

The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today. The post UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible” appeared first on CryptoSlate. дальше »

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Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […] дальше »

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Musk's Bitcoin centralization claim: Why this is 'not really a key factor'

It's been a while since Tesla's Bitcoin payments suspension announcement, with the company citing BTC's high carbon footprint and related ESG concerns at the time. But, did things just escalate from tThe post Musk's Bitcoin centralization claim: Why this is 'not really a key factor' appeared first on AMBCrypto. дальше »

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Indian Govt. Backpedddling Bitcoin Ban? New Panel Planned to Study Crypto Regulations

The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated. дальше »

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Mark Cuban to Elon Musk: Accepting Bitcoin Will Actually Benefit the Environment

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has made an argument that accepting cryptocurrencies, including bitcoin, will actually help the environment. He told Elon Musk, whose electric car company Tesla has suspended accepting bitcoin, citing environmental problems. дальше »

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Greenidge to go carbon neutral as BTC adopters pull back citing environment harm

Greenidge Generation Holdings, a renowned Bitcoin (BTC) mining firm, is planning to launch a carbon-neutral BTC mining operation on June 1, 2021. The new facility is based in Upstate New York. Reportedly, the company will achieve carbon-neutral mining by purchasing voluntary carbon offsets from a list of greenhouse gas reduction projects in the US. дальше »

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It Would Be Incredibly Hard to Make Bitcoin Sustainable, Experts Say

Tesla CEO Elon Musk recently announced that the car company will no longer accept Bitcoin as a form of payment, citing the cryptocurrency’s immense power requirements and environmental toll. But Bitcoin won’t magically become environmentally friendly over night. дальше »

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Dogecoin Spikes After Elon Tweets About Helping Its Developers

A day after publicly announcing that Tesla is no longer accepting Bitcoin as a form of payment, citing the currency’s negative impacts on the environment — something we’ve known for years — CEO Elon Musk took to Twitter yet again. дальше »

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Not a Good Look for Tesla, Elon Musk Now Looking for Another Cryptocurrency to Replace Bitcoin

The electric car maker announcing that it will no longer accept Bitcoin citing environmental concerns raises questions about Tesla’s lack of due diligence, DOGE also being a PoW coin, and how Bitcoin’s truth will fight the environmental hazard meme while setting a “very dangerous precedent. дальше »

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Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’

Automotive company Tesla has suspended the use of bitcoin to purchase its vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing the vast amounts of electricity needed to “mine” the cryptocurrency. дальше »

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Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. дальше »

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Palantir CFO claims the firm is mulling adding crypto to its balance sheet

Palantir, an American software firm that specializes in big data, is contemplating adding Bitcoin (BTC) to its balance sheet. A report unveiled this news on May 11, citing the firm’s Chief Financial Officer, David Glazer, who shared this bullish during the company’s Q1 earnings call. дальше »

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Bill Maher Mocks Bitcoin, Citing Warren Buffett, Bill Gates, Nassim Taleb

American comedian and television host Bill Maher mocked bitcoin and other cryptocurrencies, including dogecoin, on his show Friday. He quoted several bitcoin critics: Berkshire Hathaway CEO Warren Buffett, Microsoft founder Bill Gates, and “The Black Swan” author Nassim Taleb. дальше »

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Shark Tank’s Kevin O’Leary Says ‘Bitcoin Will Always Be the Gold,’ Citing Interest From ‘All Kinds of Institutions’

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. дальше »

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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least. дальше »

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Bitcoin’s Time is Done Says Investment Chief, Citing Dated Technology

Bitcoin is now 12 years old. Although it has managed to fend off all newcomers to date, its time at the top may be coming to an end. That’s according to Fahad Kamal, the Investment Chief at private bank Kleinwort Hambros. дальше »

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Google Searches for ‘Bitcoin’ Hits New High in Turkey Following Ban on Crypto Payments

The search for “Bitcoin” on Google has soared to a new all-time high in Turkey following the ban on cryptocurrency payments in the country. A few days ago, the government placed a blanket ban on all use of cryptocurrency for payment in the country, citing concerns over the security of users’ funds. However, the ban […] дальше »

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Another Exit scam? Exchange founder flees the country, while users claim funds have been stolen

Bitcoin tumbled more than 4% on Friday after news broke out that Turkey’s central bank banned the use of cryptocurrencies and crypto-assets for purchases citing possible “irreparable” damage andThe post Another Exit scam? Exchange founder flees the country, while users claim funds have been stolen appeared first on AMBCrypto. дальше »

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Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage

The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. дальше »

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Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC

Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered […] дальше »

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JP Morgan Revises Bitcoin Target To $130,000, Citing Decreased Volatility

The financial giant is gradually becoming more bullish on Bitcoin and institutional adoption. дальше »

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Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons

Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. дальше »

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Ark Invest CEO Makes a Bullish Reveal About Bitcoin’s Market Cap

CEO of asset management company Ark Invest, Cathie Wood, previses a favorable future for Bitcoin, citing its limited supply and increasing demands as major catalysts. The American star stock picker mentions this in a video, stating, “if we add all the potential demand relative to the limited supply, we come up with incredible numbers over […] дальше »

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Leading financial services provider Fidelity set to launch a BTC ETF

Fidelity Investments, a renowned financial services provider, is gearing up to roll out a Bitcoin (BTC) exchange-traded fund (ETF). A report unveiled this news on March 25, citing an official filing with the US securities exchange commission (SEC). дальше »

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US bank Morgan Stanley to launch three Bitcoin funds

Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter. дальше »

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Billionaire Bitcoin investor backs away from California governor bid

Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.

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Anthony Pompliano Calls Trading Halts “Un-American”

Morgan Creek Digital Assets founder Anthony Pompliano recently spoke on CNBC. The Bitcoin maximalist discussed his thoughts on the recent developments within the stock market.   Several stock brokers stopped the trading of certain stocks on Thursday citing extreme volatility. дальше »

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Bitcoin Is Better Classified As A Risk Asset – JPMorgan

Bitcoin hasn’t behaved properly over the last years, says a team of strategists at JPMorgan Chase. Citing this reason, the team opines that Bitcoin is, in fact, more of a risk asset as opposed to the popular belief that it’s a totally safe bet for investors. дальше »

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eToro May Halt Bitcoin Buy Orders, Citing High Demand

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Citibank Downgrades MicroStrategy Stock Rating Over The Firm’s “Excessive” Bitcoin Focus

Citibank downgraded MicroStrategy stock rating on December 8, citing the business intelligence firm’s recent bitcoin allocations as the key factor. Specifically, Citi analyst Tyler Radke lowered MicroStrategy’s stock from a “neutral” to a “sell” soon after the company announced that it was planning to raise $400 million in order to purchase more bitcoin. Radke noted […] дальше »

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Venezuela Traded in Bitcoin with Turkey and Iran, Passes New Anti-Blockage Law

The hyperinflation stricken and heavily sanctioned Latin American country, Venezuela, has been trading in bitcoin with its allies Turkey and Iran according to local media citing sources at the Central... дальше »

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Major Australian Investment Firm Moves From Gold to Bitcoin

A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. дальше »

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Bitcoin analyst gives 4 reasons why BTC price will hit $22,000 next

Bitcoin price is on track to achieve $22,000 says one analyst, citing four main factors that could boost its momentum.

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Fidelity’s Crypto Arm Responds to 6 Common Bitcoin Criticisms

Fidelity Digital Assets has responded to some of bitcoin's most frequent criticisms citing heightened interest in the cryptocurrency. дальше »

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Blockchain Bites: Bitcoin’s Path to $20K, Ethereum’s ‘Unannounced’ Fork and Biden’s Crypto-Friendly Picks

ALSO: ShapeShift delists three privacy coins citing regulatory uncertainty and $3 billion in blockchain bonds come to market on Friday. дальше »

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Analyst: Ethereum Will Explode Past $400 as Key Level Reclaimed by Bulls

Ethereum has undergone a strong drop since peaking at $400 this past weekend. The leading cryptocurrency currently trades for $380, down after Bitcoin dropped from its daily highs. Analysts still think that ETH will move higher, though, citing technical trends. дальше »

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Iran started using Bitcoin as a legal medium of exchange

According to a recent report citing the Islamic Republic News Agency (IRNA), Iran has just become the first country to use Bitcoin (BTC) as a legal means of exchange. The country made this move due to the most recent wave of sanctions by the US’ Treasury Department. дальше »

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