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Posts Tagged ‘bitcoin’

Tim Draper: ‘Everyone’ Will Buy Coffee With Bitcoin In 2021

Billionaire Bitcoin investor Tim Draper believes the world will be buying coffee with Bitcoin (BTC) in just two years – but does not plan on selling any. 2 Years To The ‘Coffee Standard’? In an interview with FOX Business February 18, the well-known Bitcoin advocate delivered the latest in his series of buoyant predictions for…

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Inside Nvidia’s Difficult Relationship With Mining

On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units (GPU), among others, which became widely purchased by miners during…

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Bitcoin Price Yet To Bottom Out, Says Crypto Hedge Fund Manager

Alex Sunnarborg of Tetras Capital says that Bitcoin has bottomed out yet. The hedge fund manager also believes that the cryptocurrency industry needs a comprehensive cleanup to remove ‘bad actors’ and enhance mainstream investor confidence in the fledgling market. Bitcoin Price Yet to Bottom Out Since falling from an all-time high of $19,700 in mid-December…

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Canadian Judge Appoints Legal Representatives for QuadrigaCX Customers

The Supreme Court of Nova Scotia has ordered Canadian law firms Miller Thomson and Cox & Palmer to represent customers of cryptocurrency exchange QuadrigaCX in upcoming proceedings. The ruling was announced in a court filing published on Feb. 19. On Tuesday, Justice Michael Wood rendered a decision that Miller Thomson and Cox & Palmer will…

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Bitcoin Has ‘Quite Brilliant’ Structure, Paper Money is Going Away

Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to transfer value than pieces of paper.” Musk made his remarks during an interview on advisory services firm ARK Invest’s podcast on Feb. 19. In response to a question about whether…

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Google Introduces Bitcoin Symbol on iOS Keyboards

Google now enables the Bitcoin symbol on keyboards for iOS mobile devices, suggesting that the IT giant recognizes Bitcoin as a mainstream currency. Google’s Legitimization of Bitcoin Users of iOS mobile devices can now use the capital letter serif B, traversed with two vertical lines.  Crypto journalist Tim Copeland explains, “To access it, make sure…

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Ethereum Mining Pool Receives Mysterious $300K Blockchain Payout

Ethereum mining pool Sparkpool received a payout of over 2,000 ETH (worth $300,000) just for mining one block on the ethereum blockchain Tuesday – a figure that’s about 600 times the network’s standard block reward. Miners who secure blocks are programmed to be awarded 3 ETH (about $500) for every new transaction block added to…

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Judge Appoints Law Firms to Represent QuadrigaCX Customers

Canadian law firms Miller Thomson and Cox & Palmer will represent as many as 115,000 customers of Canadian crypto exchange QuadrigaCX in the coming weeks. Nova Scotia Supreme Court Judge Michael Wood ruled Tuesday that the firms would get the nod after nearly a week’s worth of deliberations. The firms vied for the position against fellow Canadian…

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