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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Cryptocurrency Pairs to Watch: BTC, ETH, XRP

Bitcoin (BTCBTC) has reached the $41,250 resistance area.  Ethereum (ETH) is trading inside a symmetrical triangle. XRP (XRP) is following a descending resistance line. Curve DAO Token (CRV) and SHIBA INU (SHIB) have broken out from descending resistance lines. Chiliz (CHZ) is attempting to reclaim the $0.38 resistance area. Monero (XMR) is following an ascending support line. BTC Yesterday,...

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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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Chia Network: Crypto’s Long-Awaited Hype Cycle Might Be Starting

Hoffman hopes that by Chia going public and keeping XCH as a separate token, investors will not get hit with the wild price swings. Chia coin has been trading at about $407.00, up 6.6%. It had a low of $380.93 and a high of $425.48 in the last 24 hours. Gene Hoffman, the president and COO at Chia Network said that his network takes volatility and regulation very positively This man says that the...

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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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Join the NFT Craze with These Physical Exhibitions

The NRFT craze is getting better. If you have already visited the NFT Metaverse, it’s time to stop looking at pictures and start visiting galleries that show NFT art. There are new art galleries that people should go to. They are called NFT galleries. With vaccinations, the restrictions put in place by the pandemic have lessened and this gives more people a chance to go see these...

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Compound Prices in Tight Range: Comparison of BAT/USDT

The prices for Basic Attention Token and Compound are close to each other. There is a chance that the price of COMP/USDT will go up to $330. And BAT/USDT might find support at the spot rate, which could bring it back up to $0.95. Compound (COMP) Compound is a platform in Ethereum where people can borrow and lend. Past Performance of COMP The most important thing is that the price of COMP tokens...

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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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JPMorgan Strategists Reveal Concerns about Bitcoin’s Backwardation

Despite recovering some money in a few days, JPMorgan still has concerns about bitcoin’s price. In their most recent note, they said the difference between the spot and futures markets is their biggest worry for bulls. Backwardation is Still a Threat The price of a cryptocurrency that is a type of money has changed. It went up, then down. It went up, then down again. After the slump, some...

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