“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht.
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“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht.
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Sanchan Saxena, the Vice President of product at Coinbase said yesterday that the “insane” amount of traffic from signing up to waitlist temporarily broke the site.
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Bitcoin remains strong above its recent breakout level, but several major altcoins are still under pressure until BTC reveals its next move.
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ETH price is lagging behind BTC’s recent gains, but data signals that traders are confident in the altcoin breaking through $4,000 in the short-term.
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Speaking on Bitcoin: “In some ways, the number of critics matters much less than the strength of the supporters.”
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ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.
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Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.
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