ARK Invest CEO: Bitcoin In “Capitulation Phase,” Still Set For $500k

Visit the original article* https://www.newsbtc.com/wp-content/uploads/2021/08/btc-9-460×307.jpeg Bitcoin is still up in price despite the recent dips and the predictions have not slowed down. If anything, they have become even more prominent. Famed CEO of ARK Invest Cathie Wood has always been bullish on Bitcoin. The CEO earlier in the year had given what some would call an optimistic prediction for the asset. But to Wood, this is not too optimistic. When asked about her prediction, Wood explained that she and her firm still stand by the prediction. Cathie Wood’s earlier prediction…

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Billionaire Simon Nixon Seeks Bitcoin Exposure

Visit the original article* http://bitcoinmagazine.com/.image/c_limit,cs_srgb,fl_progressive,h_1200,q_auto:good,w_1200/MTgzNDIzMDkxOTYyMDI5NDc0/simon-nixon.jpg British billionaire Simon Nixon, co-founder of price-comparison site moneysupermarket.com, is looking to invest more into Bitcoin and crypto, Bloomberg reports. British billionaire Simon Nixon, co-founder of price-comparison site moneysupermarket.com, is looking to invest more into Bitcoin and crypto, Bloomberg reported. Adam Proctor, managing director of Nixon’s Seek Capital, said the London-based firm is set on increasing its “allocation to crypto as we feel it is an important area for the future.” Seek Capital is looking to hire an analyst to focus on Bitcoin and crypto,…

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Shuffling The DEX – Helena Bitcoin Mining

Visit the original article* https://www.newsbtc.com/wp-content/uploads/2021/08/Picture16-460×307.jpg If you walk into a crowded place and shout Binance, there is probably someone who’s going to open their Binance app to check what’s going on. Centralized exchanges like Binance, Coinbase, and HBTC dominate the crypto space. Their reach in the market is an indication that we are already in the crypto future. Statista reported earlier in the year that collectively, Binance, HBTC, and Hydax Exchange process $54 billion worth of transactions every 24 hours, almost a third of the global exchange volume. As crypto…

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Bitcoin is the Future – Interview with Flirt Invest Founder

Visit the original article* https://www.newsbtc.com/wp-content/uploads/2021/08/Picture13-1-460×346.jpg Continuing the section of quick interviews, today we are interviewing Brandon West, a crypto enthusiast, philanthropist, co-owner of Flirt Studio, the largest network of webcam studios in Europe, and founder of the Flirt Invest platform. Reporter: Good afternoon, Brandon, nice to meet you. If you will let me ask you a question right away, I certainly prepared for the interview and collected information about you, tell me why there is so little information about you on the Internet? Brandon: Hello, Katie, I see that you…

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Facebook Ignores Bitcoin, Works on NFTs and Stable Coins Instead

Visit the original article* http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTgzNDAyNDg4MTk4NjA0MTk0/screen-shot-2021-08-25-at-132248.png Novi and Diem (Formerly known as Libra) underline the fact that Facebook simply doesn’t understand Bitcoin, and continues to flounder on delivering even its own stablecoin project, or a single NFT. David Marcus, co-creator and a board member of Diem (formerly known as Libra), which is a centralized cryptocurrency project initiated by Facebook, emphasized in an interview with Bloomberg on Tuesday, that the company simply doesn’t understand Bitcoin, and continues to flounder on delivering even its own altcoin project, or a single NFT. Marcus confidently…

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Blockstream’s $210 Million Raise Is Critical In The Global Bitcoin Arms Race

Visit the original article* https://bitcoinmagazine.com/.image/c_fit,cs_srgb,q_auto:good,w_620/MTgzMzk5ODI2NjYxMDU3OTU0/unnamed-9.png Blockstream’s $210 million raise will play a big role in North American ASIC production and manufacturing. The below is from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As covered yesterday by Bitcoin Magazine’s very own Nik Hoffman, the Bitcoin infrastructure and services company Blockstream has raised $210 million in funding during its most recent seed round, valuing the company…

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TA: Bitcoin Attempts Fresh Increase, Why 100 SMA Is The Key

Visit the original article* https://www.newsbtc.com/wp-content/uploads/2021/04/shutterstock_764448946-460×265.jpg Bitcoin price found support near $47,150 and started a fresh increase against the US Dollar. BTC must settle above the 100 hourly SMA to continue higher. Bitcoin extended its decline and tested the $47,200 support zone. The price is now trading near $48,800 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $48,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its increase if there is…

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Companies Now Hold Over 1.6 Million Bitcoin, Almost 8% Of Total Supply

Visit the original article* https://bitcoinmagazine.com/.image/c_fit,cs_srgb,q_auto:good,w_620/MTgzNDA0MDcxNjk5MzU4NzU4/btc-treasuries-bar-graph.png The amount of bitcoin held by companies worldwide only increases, accounting for nearly 8% of the total 21 million hard cap supply. ​Companies with bitcoin on their balance sheets now hold 1,660,473 BTC, almost 8% of the total bitcoin supply, according to data from Bitcoin Treasuries. MicroStrategy leads the way with 108,991 bitcoin being held, around half percent of the total supply, representing a whopping 75% of the software intelligence company’s total market capitalization. Tesla sits in second place, still holding the 43,200 bitcoin it…

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You Can Use Your Bitcoin To Improve Everyone’s Health

Visit the original article* http://bitcoinmagazine.com/.image/c_limit,cs_srgb,fl_progressive,h_1200,q_auto:good,w_1200/MTgyNzUyNTY0NjIwNTY3OTA0/img_5735.jpg Ideas like soil guardian bitcoin faucets allow Bitcoiners to utilize their accumulated wealth to enact change. I found it interesting that in the early days of bitcoin, people gave this magic internet money away and even set up bitcoin faucets for that purpose. Roger Ver was one of the first to do so and — from what I can tell — was very generous in giving away bitcoin. So was Gavin Andresen. Regardless of how the Bitcoin community feels about these two now, giving away…

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