Tag: btc

Number of Bitcoin Holders Shoots to Record High, Data Shows

The number of bitcoin (BTC, -4.55%) addresses in accumulation has risen to a record high as investors with long-term horizons take advantage of the recent price drop to boost their coin stashes. The count of accumulation addresses climbed to a record for the seventh consecutive day on Monday, taking the total to 545,115, according to…
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SEC Warns Mutual Fund Investors of Bitcoin Futures Risks

The U.S. Securities and Exchange Commission (SEC) warned investors in mutual funds that invest in bitcoin (BTC, +1.02%) futures products to monitor risks around the digital asset and the funds investing in the sector.   Bitcoin is a “highly speculative” asset, the staff statement, published Tuesday, said. The note warned that investors may be taking…
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65% Returns on ETC Trade

MoonshotX Team signaled on 5/3/21 that ETC is moving in tandem with ETH and recommended a strong buy!  Since the original signal, ETC has reached an ATH of $175!  Although we missed out on some profits by selling ETC a bit early, we are still satisfied with our 65% return.  Remember, always take gains if…
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Bitcoin’s Drop on Biden’s Proposed Tax Hike Just Temporary, BCB CEO Says

“While the shock may be sustained in stock markets, the nature of cryptocurrency will see straight through this dip,” Landsberg-Sadie told CoinDesk. Bitcoin (BTC) has slumped more than 8%, over a 24-hour period, a drop attributed to U.S. President Joe Biden’s proposed tax increase on capital gains on those earning above $1 million. But the…
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WeWork Accepting Crypto as Form of Payment

Office-sharing provider WeWork said Tuesday it is accepting some kinds of cryptocurrency as a form of payment. The office-sharing provider will hold the cryptocurrency on its balance sheet and pay landlords and third-party partners in crypto In its announcement, WeWork said Coinbase (NASDAQ: COIN) will be its first member company to use cryptocurrency as payment…
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