bitcoin

Rio De Janeiro Invests 1% of its reserves in bitcoin

eduardo paes

The mayor of Rio de Janeiro, Eduardo Paes, follows Miami’s example and will invest 1% of the city’s reserves in bitcoin. The mayor of Rio de Janeiro is working to put a chunk of the famous Brazilian city’s reserves into bitcoin, according to reports on Friday. “We will launch Crypto Rio and invest 1% of …

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Mark Yusko: Bitcoin will reach $250k in The Next 5 Years

Mark Yusko

After reaching an all-time high of $69,044 in November 2021, Bitcoin lost more than 30% of its value and is now trading at over $46k. Mark Yusko, head of the hedge fund at investment firm Morgan Creek Capital Management, insists that the ‘turbulence” in Bitcoin does not affect its long-term growth prospects. The investor insists …

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Bitcoin defeated China – How it Fully Recovered the Hashrate losses

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The upward momentum of the hashrate can omen for the price of the most popular cryptocurrency in the world, which has fallen by 30% in the last month The data shows that Bitcoin mining has fully recovered since the Chinese… suppression, with which in May literally in one evening more than half of the miners …

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Niantic Is Building an Augmented Reality Game to Collect Bitcoins

Augmented Reality App

You probably know Niantic. Yes, it’s the company that developed the Pokemon Go mobile game which it was a huge success back in 2016. Now Niantic has a new idea. Together with Fold, the company developed the game Fold AR. Through it, as covered by The Verge, the user will have the opportunity to collect …

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Virus “threw” Bitcoin to $8,200 from $63,000 in minutes

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Bitcoin plummeted from $63,000 to $8,200 on Thursday at the Binance exchange, recording an incredible 87% plunge in just a few minutes. According to Bloomberg, the sudden drop in the price of the cryptocurrency was due to a virus that penetrated into an algorithm, so the price is not similar in other exchanges, while in …

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JP Morgan: Institutions Are leaving Bitcoin for Ethereum- What are the reasons

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Institutional investors are on the road to quitting Bitcoin, says JP Morgan. Institutional investors are on the road to abandoning Bitcoin, opting for Ethereum, according to a report by us JP Morgan, which points out that this development was expected for a number of reasons. To start with, the investment bank prefers Ethereum as a …

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Honduras Gets Its First Bitcoin ATM Installed.

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The first Bitcoin ATM in Honduras began operations this week, with the aim of spreading cryptocurrencies in the Central American country. The ATM is located in an office tower in the country’s capital, Tegucigalpa, and is operated by the TGU Consulting Group. The ATM, called ”la bitcoinera”, allows citizens to purchase Bitcoin and Ethereum with …

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Iran: Scammers use SpaceX’s Starlink to trick users

Screenshot of fake Iranian Starlink Website

The site asks users in Iran to pay via Bitcoin to access SpaceX Starlink’s satellite internet. Desperate to get Starlink? Beware of fake websites pretending to offer the service. The huge demand for SpaceX’s satellite internet system is starting to attract scammers who want to take advantage of the need for high-speed internet. A website …

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One of Netherlands Largest Soccer Team Will Pay Player Fees With Bitcoin

AZ-Alkmaar

AZ Alkmaar – one of the top teams of the Dutch league – announced its partnership with Bitcoin Meester. AZ Alkmaar, officially announced that its player’s fees will be made through Bitcoin! The agreement will be in effect until 2024. Alkmaar’s commercial director stressed that “the cryptocurrency market is booming, increasing rapidly in recent years”. …

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BBVA: Starts offering Bitcoin transactions to customers in Switzerland

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Spain’s BBVA announced yesterday that it will start providing bitcoin trading services for private clients in Switzerland who are interested in investing in the digital currency, Reuters reports. Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one …

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