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The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy by gathering exposure to over $300 million worth of the cryptocurrency. Skybridge Capital Cofounder Says Gamestop Stock Activity Bolsters the […]

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Cryptocurrency exchange Coinbase announced its plan to become a publicly-traded company via a proposed direct listing of its Class A common stock, according to a post on its corporate blog. As one of the largest and longest-standing cryptocurrency exchanges, a public listing for Coinbase would mark a significant step toward mainstream financial inclusion for the […]

The post Coinbase Plans To Go Public With Direct Listing – Bitcoin Magazine appeared first on TechFans.

Crypto enthusiasts often talk about bitcoin as a hedge against inflation. Why? The argument is that central bank money printing will lead to inflation or the decrease in the value of money over time. Bitcoin, by contrast, has a fixed limit of 21 million coins that can ever be created. This limited supply allows bitcoin […]

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MOSCOW, January 29. /TASS/. Bitcoin grew by 10.03% to the level of $33,456, according to CoinDesk web portal data. Bitcoin has demonstrated record-breaking growth over recent months. On January 8, the bitcoin price was at all-time high level, above $41,000. Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. It can […]

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Bitcoin and cryptocurrency prices have climbed after stock trading app Robinhood stepped in to restrict users from GameStop and other stocks that have surged in recent days. The famously volatile bitcoin price has rallied some 5% over the last 24 hours, breaking a downward trend that saw bitcoin fall under $30,000 yesterday (down from over […]

The post After Robinhood Restricts GameStop, Bitcoin And Crypto Market Suddenly Soars Toward $1 Trillion—Dogecoin Price Rockets 200% appeared first on TechFans.

Bitcoin’s (BTC) violent price swings could become a thing of the past as institutional buyers with stronger hands continue to push the asset higher, according to a prominent crypto whale.  Eric Peters, the founder and CEO of One River Asset Management, told Bloomberg Thursday that Bitcoin’s path to maturity should help stabilize its price. “There […]

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