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Tag Archives: Business Gist

ELon

Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments

One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin. The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon ...

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jp morgan

JP Morgan Launches Bitcoin Fund For Rich Clients After Years Of Bashing Crypto

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin waaaaay back during the heady crypto-rally of 2017 (shortly before we revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a ...

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bitcoin dominance

What is Bitcoin dominance?

Bitcoin dominance currently sits at 61%. On January 13, 2018, Bitcoin dominance hit an all time low of 35% What is bitcoin dominance? Bitcoin dominance is bitcoin’s marketcap dividend by the marketcaps of all cryptocurrencies combined. It shows how much value ...

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Ifa bitcoins

Solving the Economic Puzzle; Is this why Bitcoin was created by a Japanese Poseidon Satoshi Nakamoto?

I was just minding my business as usual, reading random posts on Facebook then someone shared this post about how Japan should be used as a case study. He wrote: ‘Japan is a case in point. No nation uses a foreign ...

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bitcoins in nigeria

French Lawmaker Signs Petition to Allow Central Bank to Buy and Hold Bitcoin.

A French parliament member has signed a petition to amend the laws allow the central bank of France to purchase and hold bitcoin along with other cryptocurrencies. The petition urges lawmakers to urgently consider the situation, warning that not owning ...

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Netflix owner

Netflix ‘might’ be next Fortune 100 firm to buy Bitcoin — Tim Draper

The famous investor picks Netflix among major companies as the most likely to put Bitcoin on its balance sheet. Netflix may just be the next Fortune 100 company to buy Bitcoin (BTC) and Amazon will have to accept it, says ...

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bitcoins

Citibank in its 106 page March report: Bitcoin is at a tipping point

Incredibly BULLISH news Citibank in its 106 page March report: “Bitcoin is at a tipping point and we could be at the start of a massive transformation of cryptocurrency into the mainstream.” #BTC $BTC #Cryptocurrency

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tesla

Is Tesla’s stock a bubble? How the U.S Virtual Economy works

Here is a brief explanation of how the U.S virtual economy works, using Tesla’s stock as a case study. Tesla stock price is the product of the actions of the Fed and other central banks. In 2020, more than $12 ...

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Bitcoin Hits new All time high, Above $50K Pushing Yearly Gains to 69%

Bitcoin reached a new all-time high of $50,601.35 Tuesday morning, just days after breaking above $48,000. The cryptocurrency’s latest pop pushes 2021 gains to 69%.Over $400 million in bitcoin futures have been liquidated over the past 24 hours, according to ...

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Central Bank of Nigeria bans Commercial banks from servicing crypto exchanges

Nigeria’s central bank has prohibited commercial banks from providing account services to crypto exchanges. The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was ...

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