Tag: Bitcoin
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Bitcoin vs. Gold: A Divergent Path to Wealth Preservation
The age-old debate of whether to invest in Bitcoin or gold continues to captivate the financial world. Each asset class has its fervent proponents, with passionate arguments on both sides. In this article, we will dissect the key aspects of both Bitcoin vs gold as investment vehicles to help you make an informed choice. Bitcoin:…
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Blockchain Mining and Staking of Crypto Nodes
Crypto Nodes and MasterNodes Crypto Nodes and masternodes are essential components of many blockchain networks. While not all cryptocurrencies have nodes and masternodes, there are several that do. Here are some examples: Bitcoin: Bitcoin nodes are computers running the Bitcoin software that validate transactions and maintain the network’s blockchain. However, Bitcoin does not have masternodes.…
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Open AI on Quantum Computers, Mt. Gox Hack and Bitcoin Security and Integrity
Did Mt. Gox Exchange theft corrupt Bitcoin forever? The Mt. Gox Exchange theft was a major event in the history of Bitcoin and the cryptocurrency space. In 2014, Mt. Gox, which was once the largest Bitcoin exchange, filed for bankruptcy after losing approximately 850,000 Bitcoins (around 6% of all Bitcoins in circulation at that time)…
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Is the Silicon Valley Bank crisis a major springboard event for Bitcoin?
The Silicon Valley Bank and Signature Bank collapses are a “springboard event” for Bitcoin as investors around the world look for safe havens, alternative currencies, and weigh the likelihood of a period of lower interest rates. This is the assessment from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent…
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Bitcoin hits $21k: the ‘bulls are ready to run!’
The Bitcoin price rally demonstrates that cryptocurrency investors are pricing in more favorable market conditions in 2023 as inflation looks set to peak, affirms the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. Nigel Green of deVere Group, a high-profile crypto entrepreneur, is commenting after Bitcoin…
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Hut 8 Mining Production and Operations Update for December 2022
161 Bitcoin Mining in December 3,568 Bitcoin mined throughout 2022 100% of Bitcoin mined added to balance sheet, increasing reserves by 65% in 2022 to 9,086 BTC TORONTO, Jan. 6, 2023 /PRNewswire/ – Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 161…
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Bitcoin investors have no plans to sell despite ‘crypto winter’
More than two-thirds of Bitcoin investors have no plans to sell their holdings in the next five years, reveals a new global poll. A survey of cryptocurrency clients of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organizations, finds that 68% of those questioned said they would “hodl” for…
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Which African and Latin American countries next to adopt Bitcoin as legal tender?
Bitcoin will be adopted as legal tender in at least one more African and one Central or Latin American country in 2022, predicts the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The prediction from Nigel Green of deVere Group comes as the Central African Republic…
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THREE more countries to adopt Bitcoin as legal tender in 2022?
Bitcoin will be adopted as legal tender in three more countries in 2022, predicts the CEO of a game-changing global financial giant. The ultra-bullish prediction from Nigel Green of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organisations, doubles down on one made on Sunday by the President of…