Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has revealed just how bullish they are on bitcoin (BTC), ethereum (ETH), and Web3 more broadly – while laying out their case for how BTC could reach a price of more than USD 1m in the next decade….
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Bitcoin price is showing a few positive signs above the USD 37,000. BTC even climbed above USD 37,500 and is currently (11:30 UTC) eyeing an upside break. A close above USD 38,000 might start a wave towards the USD 40,000 level. Similarly, most major altcoins are slowly rising. ETH was able to clear the USD 2,500 resistance level.
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Neven’s Law, not Moore’s, gives quantum computers about 10 more years before they could ever crack the leading crypto….
Continue reading on https://decrypt.co/91255/researchers-suggest-quantum-computers-only-decade-cracking-bitcoin
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SkyBridge Capital founder and former White House communications director Anthony Scaramucci has some advice for Bitcoin holders….
Continue reading on https://decrypt.co/91251/anthony-scaramucci-says-take-chill-pill-bitcoin-crash
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The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”…Read More: Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises…
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Bitcoin price started an upside correction above the USD 36,000 resistance zone. BTC was even able to clear the USD 37,000 level. It is currently (04:15 UTC) showing positive signs near USD 37,400 but is facing a key hurdle near USD 37,500. Similarly, most major altcoins are also moving higher. ETH is facing resistance near the USD 2,500 level.
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This is at least the third time the organization has publicly warned El Salvador it thinks adopting Bitcoin is a bad idea….
Continue reading on https://decrypt.co/91210/imf-again-calls-el-salvador-drop-bitcoin-legal-tender
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Russia’s central bank last week proposed a ban on Bitcoin mining and transactions. The country’s finance ministry says that’s not what’s needed to “protect citizens.”…
Continue reading on https://decrypt.co/91205/bitcoin-regulation-russia-ban-finance-ministry
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The wits who run the McDonald’s PR machine have been busy – and the firm is now enjoying some free Twitter ad space at the expense of the crypto community, with everyone from bitcoin (BTC) miners and maxis to world leaders indulging in some price- (and burger-)themed gallows humor….Read More: McDonald’s Happily Trolls Crypto Twitter – and the Responses Are (Darkly) Hilarious…
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The Kazakhstan government has shut off the supply of electricity to Bitcoin miners through the end of January….
Continue reading on https://decrypt.co/91204/kazakhstan-powers-down-bitcoin-miners-blackouts-roil-central-asia
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