“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki.
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“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki.
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Bitcoin’s drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder.
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Investor Bill Miller is betting big on Bitcoin, allocating 50% of his personal net worth to BTC and related equity.
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The warning appears against the U.S. Federal Reserve’s intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022.
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While recent bearish crossovers between Bitcoin’s 50-day and 200-day exponential moving averages failed to push prices lower, this time could be different.
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In a dramatic week for Bitcoin price action, traders are keen to capitalize, hitting a new all-time high for the leverage ratio.
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Panic sellers hold your horses because dips are still for buying, according to data from Santiment behavior analysis.
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The FOMC minutes on Wednesday revealed that policymakers intend to step up their fight against inflation in 2022.
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Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload.
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“I think there’s a reasonable chance of this being a $250 trillion asset class, which is 100x from here,” said Raoul Pal.
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