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Nearly 70000 synthetic bitcoins now exist on ethereum

INVESTING

Tuesday, 8 September, 2020 at 05:36 GMT
Synthetic Bitcoins have been growing significantly for use in the decentralized finance (DeFi) space. Recent data has shown that there are almost 70,000 synthetic Bitcoins existing in Ethereum. The number is expected to surge accordingly, as the DeFi industry continues to gain...
Longterm bitcoin investors hold steady despite $2000 plunge

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Saturday, 5 September, 2020 at 05:19 GMT
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation.This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point...
Kazakhstan looks to crypto mining with a $700m investment

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Friday, 4 September, 2020 at 11:21 GMT
Kazakhstan is anticipating drawing in 300 billion tenges (around $715 million) worth of investments for its rising cryptographic money mining industry, as uncovered by the previous Minister for Digital Development, Innovation, and Aerospace Industry Askar Zhumagaliyev in a Senate...
How to start thinking about investing in digital currency

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Wednesday, 29 July, 2020 at 05:06 GMT
There are a few business models that completely fit the product. IBM is a genuine case of a tremendous organization that shows up as a tech business, yet truly is a consulting firm that simply happens to deal with technology. The winning digital currency may not be chosen on...
Americans to receive a second stimulus check amid the surging pandemic

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Monday, 27 July, 2020 at 09:17 GMT
The US residents who invested their first stimulus checks in Bitcoin have seen a 45.5% return, from $1,200 in April to roughly $1,746 at the time of writing, when the leading cryptocurrency is surging past $10,200. Now the US residents are set to receive the second stimulus check...
Are institutional investors not buying bitcoin anymore

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Wednesday, 22 July, 2020 at 05:38 GMT
Grayscale Bitcoin Trust Fund (GBTC), a cryptocurrency management fund, has slowed down significantly on buying Bitcoin over the past three weeks. This comes as a surprise, considering how rapidly it was increasing its cryptocurrency holdings before the Bitcoin halving. In May,...
Tips and tricks for crypto trading

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Friday, 10 July, 2020 at 11:33 GMT
While HODLing cryptocurrencies have been generally a good investment for those who bought in at the early stages of Bitcoin’s price development, there is no guarantee that Bitcoin or any other cryptocurrency will grow in value forever. ...
Lithuania to launch its own central bankbacked digitial token

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Friday, 3 July, 2020 at 03:33 GMT
The first digital coin produced by a central bank will soon be issued in the Euro Zone, according to media reports, with Lithuania set to launch its own digital token – LBCOIN. ...
Top 5 explosive cryptos to buy

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Wednesday, 17 June, 2020 at 17:29 GMT
The third Bitcoin halving took place in May 2020. But before we delve into the cryptos to buy after the last halving, let’s understand why crypto assets have a bright future as an investment. ...
How to use a bitcoin investment calculator

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Wednesday, 13 May, 2020 at 16:22 GMT
When using an online calculator to determine bitcoin calculator profit, you will need to input a start date, end date, your starting investment, and then the calculator will adjust for inflation. Trading in bitcoin can be much more volatile than other commodities, with no close...

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