Bitcoin Has An Uncertain Future, May Have More Downside To Come
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Bitcoin has plunged 50%, and could plunge 50% more. It’s clearly not as secure as once thought. It seems unlikely this would ever become a legitimate currency. Bitcoin (BTC-USD) prices have fallen 50% from their peak, and the bad news is that it probably has another 50% to fall. There’s no good way to figure out the fundamental value of Bitcoin since it produces nothing, has no yield, and is hardly a store of value. Bitcoin Global Currency? The concept that Bitcoin will someday become a global currency will never happen, never. No country will ever adopt Bitcoin as a standalone legal tender ..read more
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Arte completes the most expensive crypto real estate deal in the US
Cryptocurrency Times
by Cryptocurrency Times
2y ago
The developers sold the penthouse for $22.50 (£15.92 million) in an undisclosed cryptocurrency. Due to the non-disclosure agreement, the buyer of the property remains unknown. The transaction took place on May 27 and only took 10 days to complete. The US developers of Arte Surfside – Alex Sapir and Giovanni Fasciano,, a condominium complex in the Surfside District of Miami Beach, Florida, have set the record Of completing the most expensive crypto real estate deal in the US . The deal involved the sale of a penthouse worth $22.50 million (£15.92 million). Reportedly, the developers sold t ..read more
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Which Is The Biggest Investing Opportunity Of This Decade?
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Each market crash comes with opportunity. Out of the dotcom crash in 2000 came a huge bull run opportunity in precious metals but also the entire commodities complex. Out of the financial crash in 2009 came a decentralized form of money, Bitcoin, which triggered an entire new asset class, i.e. crypto. In 2020 we experienced the fastest and most violent crash in +200 years history of stock markets. The Corona crash may have been short lived, as the crash unfolded fast and the subsequent recovery was powerful. But many investors and traders have lost fortunes. The million dollar question is wh ..read more
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Is this consequence Elon Musk faces over tweets? Anonymous-‘Expect us’
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Elon Musk, once loved and respected across the bitcoin community, now faces a lot of criticism due to the sheer influence he holds over price fluctuations. According to this recent poll on Twitter, 82% voted in favor to ban Elon Musk from Twitter. While many well-known, crypto celebrities have expressed their frustration, the latest development is surely eye-catching. The anonymous hacker movement is well-established as anti-government and has targeted the North Korean Government in the past, as well as PayPal and Mastercard. Now, they have a message for Elon Musk.     ‘G ..read more
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5 Weirdest Moments at the Bitcoin 2021 Conference in Miami
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Loud and proud, Bitcoin ‘ers ran riot at the Bitcoin 2021 conference in Miami. Bitcoin 2021, a two-day conference in Miami devoted to all things Bitcoin (and only Bitcoin), was the scene of some truly bizarre moments. It turns out some of the 50,000 attendees, who traveled from all over the world to discuss the first and largest cryptocurrency, feel really strongly about it, and have no reservations about expressing themselves in the fullest terms possible. In the fight for decentralized finance, tears were shed, bones were bruised and egos shattered. Here ar ..read more
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Elon Musk ’s New Move Against Bitcoin Is Starting to Backfire
Cryptocurrency Times
by Cryptocurrency Times
2y ago
People are pouring scorn on Tesla CEO Elon Musk. That’s according to data analyzed by Awario, a company that tracks sentiments in markets. Apparently, the backlash against Elon stems from his anti-Bitcoin tweets that have so far caused the digital asset a significant price drop. It all started when Elon Musk started bashing Bitcoin, citing its “negative contributions” to the environment due to mining activities. This may be taken to mean that Bitcoin mining contributes to global warming. Elon went on to announce that Tesla would no longer accept BTC payments for its goods. Since then ..read more
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Google Ads only wants crypto firms with FinCEN approval, bank charters
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Google Ads will partly lift its three-year embargo on crypto-related advertisements starting August 3. Earlier this week, the Big G subtly announced changes to Google financial products and services policy to allow crypto wallets and exchanges to advertise to users in the US. In 2018 — just as Bitcoin was falling from its then-record $20,000 peak — Google Ads placed a firm ban “unregulated or speculative financial products,” which included crypto products and services. Google later eased those restrictions allow crypto exchanges to advertise in Japan and the US, provid ..read more
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Russia ’s Central Bank Governor: CBDC Is Future for Country’s Financial System
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Russia ’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.  Russia’s central bank governor, Elvira Nabiullina, believes in the move toward a central bank digital currency. Nabiullina believes cryptocurrency is the future for the country’s financial system Some U.S. officials are worried about CBDCs from Russia, China and Iran. Moscow published a consultation paper back in October on the feasibility of the digital ruble and is looking to launch their central bank digita ..read more
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Coinbase Card users can now shop through Google Pay and Apple Pay
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Coinbase has integrated Apple Pay and Google Pay into its VISA-powered crypto debit card. Card supports 30 different cryptocurrencies and will enable users to earn 4% in XLM and 1% in BTC as rewards. The service is only available to U.S customers presently, but it will be extended to other regions in future. Coinbase Exchange has announced that it has integrated Google Pay and Apple Pay into its Payment card. This will enable online shoppers to pay on both payment platforms with their Coinbase Card, while they earn rebates in the process. The Coinbase Card is powered by VISA deb ..read more
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Dogecoin Spikes After Being Listed on Coinbase Pro
Cryptocurrency Times
by Cryptocurrency Times
2y ago
Coinbase has finally added support for Dogecoin after years of silence,. The coin will be able for trading in three days. Coinbase, the most important regulated cryptocurrency exchange in the United States – and the only publicly traded one – announced that Dogecoin deposits are now available for clients of its Pro platform. Coinbase Pro is a platform developed by Coinbase and oriented to professional investors or those with advanced day trading knowledge. Unlike its “vanilla” service, Coinbase Pro’s interface is more technical —as seen on most crypto exchanges— and has a wider variety of ..read more
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