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Bitcoin surges back above $40,000

Harry Robertson Bitcoin surged as much as 7.5% on Thursday, to $40,094.81. The red-hot cryptocurrency has seen immense volatility in recent days, with thousands of dollars per coin added and wiped out across short periods. Thursday’s surge comes after European Central Bank boss Christine Lagarde called for more regulation the prior day. Morgan Stanley analysts…

Winklevoss-Founded Gemini to Offer Credit Card With Crypto Rewards

Tanzeel Akhtar Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. The company said the introduction of the credit card has been accelerated with the acquisition of the fintech startup Blockrize and will be made available to U.S. citizens in all states. According to…

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Financial Analysts Are Divided On What to Expect From The Bitcoin Halving

By Tony Spilotro / NewsBTC.com Last night, the countdown on the Bitcoin halving reached zero, and the block reward miners receive was cut in half. The event has widely been expected to be bullish, with valuation models suggesting the asset will skyrocket from here. However, some analysts aren’t so sure. We’ve gathered the conflicting thoughts of some…

Bitcoin ‘halving’ could boost its price. Every four years reward is cut in half

Bitcoin 'halving' Bitcoin Real Estate

By Paul R. La Monica, CNN Business Bitcoin ‘halving’ New York (CNN Business)Central banks around the world are printing money to try to prop up the global economy. But for bitcoin, the world’s most popular digital currency, the opposite is happening.  The amount of new bitcoins being issued is starting to slow because of a phenomenon known as a…

JPMorgan Chase Starts Accepting Bitcoin Businesses for Banking Services

by Kevin Helms / News Bitcoin.com JPMorgan Chase & Co. has reportedly started to accept clients from the cryptocurrency industry. The Wall Street Journal reported on Tuesday that two prominent bitcoin exchanges, Coinbase Inc. and Gemini Trust Co., have become banking customers of JPMorgan Chase, citing people familiar with the matter. The two bitcoin exchanges’…

Buying or Selling a home using Bitcoin.

Unless you’ve been living under a rock for the past year, chances are you might have heard of Bitcoin or came across the term ‘cryptocurrency’ at some point. Unregulated by banks, these encrypted digital currencies managed to penetrate almost every market in 2017, including real estate. Despite transactions being considered safe, the crypto market in…

Bitcoin rises after report says early Facebook investor Peter Thiel is buying massive amounts

Peter Thiel’s Founders Fund has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn’t clear whether Founders had sold any of its holdings, the report says. Bitcoin rises more than 11 percent to…