‘Pennies: Going In Raw’ Talk Bitcoin’s Surge, SPAC Opportunities

"Pennies: Going in Raw" is one of the most popular finance and investment themed podcasts. On Monday, hosts Hughe Henne and Dan Deity talked about Bitcoin's rise to new highs and SPAC opportunities. Bitcoin's Two Catalysts: Bitcoin's rise to new all-time highs was aided by two stock market-related…

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Twitter looking into Bitcoin payments for employees, says CFO

Twitter may be the next major company to purchase Bitcoin, according to the tech firm's chief financial officer.In an interview on CNBC’s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter would react to Tesla’s recent…

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Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors

Source: Adobe/Dušan ZidarBitcoin (BTC) and ethereum (ETH) transaction fees have spiked by 89% and 260% in the past month, as growing demand for BTC and ETH has overburdened both blockchains with unprecedented traffic. Moreover, Ethereum’s issues are seemingly boosting its competitors. Bitcoin’s median transaction fee currently sits at…

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Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition – Economics Bitcoin News

After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store…

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Rhode Island Lawmakers Hope to Boost State Economy With Blockchain-Friendly Legislation

The Rhode Island General Assembly is to consider draft legislation aiming to harness blockchain technology as a means to stimulate growth, create jobs and diversify the U.S. state’s economy.The “Rhode Island Economic Growth Blockchain Act” aims to to nurture a “welcoming business environment” for technology and blockchain companies.…

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Consumers Acceptance of Digital Currency Explodes as Cryptocurrency Continues to Rise

PALM BEACH, Fla., Feb. 10, 2021 /PRNewswire/ -- With advanced technological developments, virtual currency exchange methods have been invented and evolved rapidly in past few years, and have emerged and commonly known now, all around the world as 'cryptocurrencies". Prior to then, virtual currencies were initially limited for…

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Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars

A global chip shortage is affecting various sectors of industry from gaming to automotive and cryptocurrency mining.Amid Bitcoin's (BTC) ongoing bull run, the crypto mining industry became massively profitable. Many miners started aggressively stacking mining hardware —by sometimes unconventional methods— which led to shortages in other sectors.The COVID-19 fueled surge…

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Bitcoin, Ethereum Fluctuate While Smaller Altcoins Rally

Bitcoin price extended its decline below USD 45,000, but downsides were limited. BTC is back above USD 45,000 and it is currently (13:00 UTC) showing positive signs. If the price stays above USD 45,000, there are chances of a steady rise towards USD 47,000.Besides, most other major altcoins…

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Indian Finance Minister Answers Questions on Cryptocurrency Plans and Ban Proposal – Regulation Bitcoin News

India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament. The questions include measures the government plans to impose on the crypto industry. Finance Minister Nirmala Sitharaman Answers Crypto Questions in Parliament The Indian finance minister answered four…

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