“The fabric of society is frayed,” said the former Facebook exec. Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is a hedge against global uncertainty, according to venture capitalist and billionaire Chamath Palihapitiya. Citing a possible five or 10-year…
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Bitcoin has ridden a tremendous price rally so far in 2021, but such growth cannot go on forever. Bitcoin’s (BTC) price momentum recently pushed the asset to almost $42,000 per coin. It has more than doubled in price over the past two months, breaking the previous record highs that it set back in 2017. Podcaster Nathaniel…
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The likelihood of such a scenario is tenuous but not impossible. Famous for its volatility, Bitcoin’s price constantly waffles both north and south. While it recovered quickly from its pandemic-induced drop in March 2020, going on to break record highs, that doesn’t mean the asset is bulletproof against a similar event in the future. The…
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Not many crypto search terms have come close to their peaks in spite of the new bull market, but Ethereum is a notable exception. More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at…
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These are 2020’s most important events in crypto that will have a lasting effect on the adoption of blockchain and digital currencies. The year gone by had many ups and even more downs, mainly due to the global outbreak of a devastating virus that has crippled nations and killed millions. But for those in the…
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A hospital in Cyprus is now utilizing the VeChain blockchain to store vaccination records. The Mediterranean Hospital of Cyprus, one of the country’s largest private health facilities, is storing its COVID-19 vaccination records on VeChain — offering another compelling use case for the supply chain logistics platform. As of Monday, 100 doctors and personnel had received…
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The publication explores whether Bitcoin will become the new gold standard. Newsweek, one of the largest American weekly news magazines, has taken a positive spin on Bitcoin (BTC) in a recent article that explores whether the digital asset can become the new gold standard. The article, which appeared on Wednesday, dissects the digital gold narrative…
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Will institutions hold Bitcoin for years as initially thought, or sell for a quick profit? An increasing number of mainstream giants have put their money into Bitcoin in recent months. While some speculate that these firms intend to hold their Bitcoin investments for years, Bitpay’s chief commercial officer isn’t so sure. He thinks that these…
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What’s going on with Ether’s and Bitcoin’s recent price moves? A number of mainstream companies have picked up massive piles of Bitcoin (BTC) since summer 2020. Meanwhile, the asset surged past its 2017 record high near $20,000, recently cracking $34,000 before pulling back toward $27,700. The dip, however, has created some serious buying pressure, according…
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Stellar’s development arm will work with the Ukrainian government on several digital asset initiatives. The Stellar Development Foundation has signed an agreement with the Ukrainian government to facilitate the creation of a digital asset ecosystem, including a framework for a central bank digital currency, or CBDC. Ukraine’s Ministry of Digital Transformation announced Monday that it…
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