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CNBC Talks Bitcoin's Blistering Rally

Written by:
Aaron Goldstein
Published on:
Feb/16/2021

Bitcoin has seen a 70% rise in its price since January 1. The cryptocurrency hit a peak just over $50,000 Tuesday morning.  This got CNBC's Andrew Ross Sorkin and Joe Kernen talking about escape velocity.

 

Large firms like Tesla, Mastercard and BNY Mellon have shown support for cryptocurrencies.

Many crypto investors believe the current bull run is different to a late 2017 bubble.

“I think bitcoin is a much more stable asset class today than it was three years ago,” Michael Saylor, CEO of enterprise software firm MicroStrategy, told CNBC’s “Street Signs Asia” program on Tuesday. “It used to be dominated by leveraged retail traders … on international markets with a lot of leverage.”

- Aaron Goldstein, Gambling911.com

 

Business/Financial News

You Can Bet on the Price of Ethereum

You Can Bet on the Price of Ethereum

If you feel it's too risky to own some Ethereum due to price fluctuations, no worries.  Now you can simply place bets on where the price of Ethereum will be at various time frames.  You can also use Ethereum to place bets on BetOnline.

Granath v Wright Trial Concludes: Ruling Forthcoming

Magnus Grath vs. Dr. Craig Wright was set to determine if Grath's hateful tweets against Wright can be deemed as lawful in a Norway court.  Proving slander is not enough to have an individual held liable for their actions in the Nordic nation.  Those actions include allegedly mocking a man with autism, including the use of hashtags.

Friends Testify That Wright Talked About Bitcoin Before the Digital Currency Existed

Friends Testify That Wright Talked About Bitcoin Before the Digital Currency Existed

One witness claims to have seen the Bitcoin white paper provided by Dr. Wright prior to its launch. “It was like I’d seen a ghost," he testified after seeing the white paper years later when Bitcoin was already becoming all the rage.

Is the US Congress Pro Proof-of-Work When it Comes to Crytpo Mining?

Is the US Congress Pro Proof-of-Work When it Comes to Crytpo Mining?

Canadian accounting firm MNP published a report in November 2021 titled “The Search for a More Efficient Blockchain,” found that BSV was the most efficient network of those it investigated. This was due to BSV’s unbounded transaction processing capacity and the network’s use of more up-to-date hardware.

Blockchain and Metaverse Expert Agency CoinPoint Sign a Strategic Partnership

Blockchain and Metaverse Expert Agency CoinPoint Sign a Strategic Partnership

Plus EU’s new AML watchdog spells trouble for ‘crypto’ crooks

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