Bitcoin Holds Tight in Range as Fed Decision Looms

Bitcoin is staying the same price while people wait for Wednesday. This is when the Federal Reserve will tell us what they are going to do about money, and this might make Bitcoin’s price go up or down. The cryptocurrency has been trading in a range of $39,400 – $41,300 since Monday’s European trading hours. The market is not moving ahead of the Fed meeting. People are waiting...

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11 Reasons Why Warren Buffett Is Anti-Bitcoin

A man named Andrew Yan who works for SAIF Partners (which has over $4 billion in assets) said he has been holding Bitcoin for six years. He also shared some tips about the currency, such as why Warren Buffett is against it. Here’s why Buffett does not buy BTC Andrew Y. Yan is a managing partner at SAIF Partners. The company holds almost 6 billion yuan ($937,895,400) and $4 billion of investor...

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Value of Bitcoin Cash (BCH) Falls on Weak Upswing

Bitcoin Cash has been going up for the past three days. It reached $640 and is now going down because bulls, or people who want it to go up, are not able to break through the previous lower high of $640. Since the 27th of May, the price for the crypto has been falling. Sometimes it goes up and sometimes it goes down. But if people buy the cryptocurrency for more than $640, then it will try to go...

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El Salvador’s El Dorado: Bitcoin, the New Official Currency

A small country in Latin America, El Salvador, has made history by making Bitcoin an official form of payment. At the same time, Bloomberg’s writers are not sure that the country will be able to profit from this change. Bedazzled fanatics’ eyes Bloomberg’s authors say that El Salvador’s president Nayib Bukele doesn’t know anything about Bitcoin and is only doing...

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Crypto’s Issues with Regulatory Agencies: Is it Illegal to Trade Bitcoin?

The head of Italian stock market regulator Consob, Paolo Savona, thinks that if cryptocurrencies are not regulated then it will cause problems and may bring damage to the way the market works. The head of the Dutch regulator CPB made a statement that Bitcoin needs be banned. “Crypto can prevent central banks from conducting monetary policy” Paolo Savona believes that digital currencies in...

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Tesla and Bitcoin are Back: Conversion Rate Optimization Strategies

Yesterday, the CEO of Tesla announced that his company will start accepting Bitcoin again. This is if and when people who mine cryptocurrencies use enough clean energy to make it worth Tesla’s time. People who want to use clean energy should use it more. Some people think that the number of people who can use clean energy should be 50%. Other people say that lots of Bitcoin is already made...

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Institutional Bitcoin (BTC) Investors to Watch: Price Volatility Predicted

Institutional investors are in the spotlight as they make an upcoming cashout date. This could cause new price volatility for Bitcoin. As noted by people on Twitter, people are talking about the Grayscale Bitcoin Trust (GBTC) as Bitcoin hovers near $40,000. July means BTC price volatility GBTC is a company that has a lot of money. It has over $24 billion dollars in its account. This investment...

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New Carbon-Neutrality Share Class: One River Digital, a Crypto Fund Offering Exposure to Bitcoin and Ether (ETH)

Institutional investors have been showing a stronger appetite for investments in Bitcoin that can be carbon-neutral. They want such an investment solution to come from One River Digital Asset Management. One River Digital, a company that focuses on Bitcoin and Ether (ETH), announced Wednesday that most people in their fund with money have chosen to switch to a new share class. This new share...

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Bitcoin (BTC) Tests Resistance after Near 13% Rise on Wednesday

Bitcoin (BTC) had a big jump on Wednesday and so far it is up 13%. The next level of resistance is $40,000. It has stopped Bitcoin from going up a lot in the past two weeks. The short-term trend is looking better. Prices are going up after a series of lower high prices. The weekly chart is showing signs that the price might go back up soon. This could help stabilize the monthly price that has...

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Bitcoin Traded on PayPal Went from Zero to $300 Million in One Day!

On Wednesday, May 19th, 2021, there was a new all-time high in bitcoin trading volumes on PayPal. $300m #Bitcoin traded on PayPal last Wednesday. A new all-time high for the app! 🙌 pic.twitter.com/IZz70jWSYH — Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) May 29, 2021 In just one day, more than $300 million worth of Bitcoin was traded on the app. This was more than even that of...

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Bitcoin’s (BTC) Massive Drop: 11 Reasons Behind the Fall

Bitcoin, the word for a digital currency, is down in May 2021. It has had one of its worst monthly performances. Some people think it is a good time to buy because it will go up in value while other people worry and are selling their Bitcoins. People who have been HODLing Bitcoin for a long time are buying more of it now because the price is lower. This means that people who’ve been...

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Bitcoin Struggling Ahead of Memorial Day Weekend

Guggenheim CIO Scott Minerd has taken to Twitter to warn about the dangers of using cryptocurrency. He says that people should be careful in the upcoming Memorial Day weekend because prices might change a lot. Bitcoin is not doing well right now. Bitcoin had a drop and traded at $35,154. It is now trading at $36,211 on the Bitstamp exchange. The largest cryptocurrency is 37% less than it was...

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