Bitcoin Price Chart Shows How Surpassing Gold’s Market Cap Is “Easily” Feasible

Bitcoin, to many, is the digital equivalent of gold – one of the world’s first ever currencies, means of exchange, and stores of value. According to crypto bull Mike Novogratz, one day, Bitcoin’s market cap will surpass that of gold’s. After the lofty prediction was made, crypto analysts took to Bitcoin price charts hoping to

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Microsoft Bing Trashed 5 Million Crypto Ads in 2018: Who Cares?

Microsoft search engine Bing ranked second in popularity in January. The ranking didn’t include YouTube, which by itself processes 3 billion queries per month. This ranking enabled Microsoft to have a severe impact on the dissemination of cryptocurrency advertisements in 2018, according to a “year in review” report published today. Comedy Gold: Microsoft Says 2018 Saw Bitcoin ‘Bull Run’ First, comedy gold. The Bing report wrongly claims that cryptocurrency experienced a “bull run” in 2018. “Cryptocurrency as an asset class saw a bull run in 2018, increasing valuations multi-fold.” As readers are probably well aware, 2018 was the wind-down year.

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Bitcoin Backers Should Be Ticked if SEC Approves Negative-Fee ETF

U.S. crypto investors have been waiting for what seems like forever for a Bitcoin ETF, but the Securities and Exchange Commission keeps scowling at their proposals. However, there’s another innovative exchange-traded fund (ETF) proposal sitting on the SEC’s desk, and while it engages solely with traditional markets, it’s nevertheless based on a scheme that observers must admit is a naked marketing ploy. In the works is what’s supposed to be a low-cost ETF that not only slashes fees to the bone but actually pays investors to purchase shares. If the SEC green lights this fund, Bitcoin proponents would rightfully be

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Bitcoin Blockchain Costs Approx. $7 Million a Day to Stay Secure

It takes an average of $7 million every day to secure the Bitcoin blockchain network, according to Messari. The cryptocurrency data portal published a new screener this Monday which outlined the revenues paid to miners for top proof-of-work coins. The Screener based its figures on new issuance and transaction fees, eventually finding that Bitcoin produced

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Bitcoin is Nothing More Than ‘Bovine Excrement’: Berkeley Researcher

Move over, Jamie Dimon, because there’s a new contender for the coveted title of “king bear of the bitcoin-bashing brigade”: technologist Nicholas Weaver. Technologist Nicholas Weaver Rants Against Bitcoin While he might not have the mainstream name recognition of Jamie Dimon, or Warren Buffett, or even Nouriel Roubini, Weaver – a senior researcher at the International Computer Science Institute at Berkeley – has proven that he can sling bitcoin barbs like the best of them. Speaking during the latest episode of Bloomberg’s Odd Lots podcast, Weaver, who previously said that blockchain and cryptocurrency should both be “burned with fire,” wasted

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Exclusive: Indian Bitcoin Users in the Dark Over Their Tax Liabilities

There is no doubt that India is among the most disoriented country when it comes to bitcoin regulations. When the Reserve Bank of India merely withdrew banking access to entities dealing in cryptocurrencies, the general public opinion misinterpreted it as an outright crypto ban. The ones who realized they could still trade crypto assets outside the

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Twitch Ditches Bitcoin; Crypto Remains a Terrible Payment Method

When Satoshi Nakamoto wrote the historic bitcoin whitepaper, the elusive creator called bitcoin a peer-to-peer electronic cash system. But ten years later, bitcoin is still a terrible way to pay for things. Streaming platform Twitch just proved the point by quietly removing its bitcoin and bitcoin cash payment options. The Amazon-owned streaming platform offered no reasons for the move, but we can read between the lines. There’s no demand. Don’t get me wrong. I would love to see bitcoin become the world’s payment system, but it faces some serious issues. And it’s not because of speed or fees or technology.

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Bitcoin Could 1,000x To Overtake Fiat, Argues Venture Investor

Satoshi Nakamoto, the pseudonymous creator of the Bitcoin protocol, always expressed an inkling of mistrust and cynicism towards centralized institutions, including Wall Street and the incumbent government. And for many years, much of the broader crypto community echoed these thoughts. Over the years, however, the underlying value proposition of Bitcoin and other digital assets have

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Justin Sun Brags About 1M Twitter Followers, Thousands of Which Appear Fake

It’s not just crypto exchange data that’s being manipulated. Tron Founder Justin Sun recently bragged about his popularity on Twitter, saying he was the “first one in crypto world to break through 1 million” followers. Indeed, Sun’s Twitter profile displays 1.01 million followers, which surpasses those amassed by many of his peers, including chief rival Ethereum Creator Vitalik Buterin, who boasts 842,000 followers. As one Twitter bot researcher pointed out, however, a common thread throughout many of Sun’s new follower accounts is that they are suspicious in nature. First one in Crypto world to break through 1 million in

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Exclusive: What Litecoin Founder Charlie Lee Thinks Will Drive Crypto Adoption

After Vitalik Buterin’s stellar keynote about Ethereum 2.0, NewsBTC got the rare chance to sit down with Charlie Lee, a Coinbase director of engineering-turned Litecoin founder. The crypto pioneer told us all about his thoughts on how this ecosystem is developing, along with Litecoin’s plans for global dominance. Related Reading: Exclusive: Why Tron CEO Expects

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