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Category Archives: Cryptocurrency

Bitcoin spikes to $66k amid ‘Uptober’ sentiment

Bitcoin price broke to above $66,000 for the first time in nearly three weeks Cypto analysts at QCP say ‘Uptober’ and the US election sentiment could push bulls higher Bitcoin’s (BTC) price rose more than 6% to break above $66,000 on Monday, October 14, 2024,

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MicroStrategy’s endgame is to be the leading Bitcoin bank: Michael Saylor

MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests borrowed funds in Bitcoin, expecting 29% annual returns. Saylor’s goal is to grow MicroStrategy into a trillion-dollar bitcoin-driven entity. Michael Saylor, founder and executive chairman of MicroStrategy, in an interview

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Mt. Gox delays repayment deadline, pushes it to October 2025

The defunct exchange had an original repayment deadline of October 31, 2024 Mt. Gox said the delay was down to creditors not completing the repayment steps and issues arising from the repayment process In 2024, Mt. Gox collapsed following a security breach, resulting in the

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Bitcoin firm Blockstream secures $210m to drive layer-2 growth

Blockstream will use the $210 million debt funding to boost adoption of its layer-2 solutions The company will also utilise the funds to add to its mining operations and treasury. Blockstream, a Bitcoin infrastructure company founded by industry OG Adam Back, has announced it raised

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Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’

October, known as “Uptober,” historically boosts Bitcoin prices significantly. Bitcoin Dogs (0DOG) could surge alongside BTC, with predictions of 100X growth. Upcoming catalysts include a Telegram game and NFT collection driving demand. As October unfolds, the cryptocurrency market is buzzing with excitement, and Bitcoin Dogs

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Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses

Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy. Tesla, the electric vehicle giant led by Elon Musk, has recently

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