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August 1, 2021

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MicroStrategy CEO defends debt-financed bitcoin buys, compares it to investing early in Facebook

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CNBC – For more and to sign up click here MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion......

Binance CEO says he’s willing to step down as world’s biggest crypto exchange welcomes regulation

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CNBC – For more and to sign up click here Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018. Akio Kon | Bloomberg | Getty Images The boss of cryptocurrency exchange Binance says he’s willing to step down from his role......

Stocks making the biggest moves after hours: Tesla, F5 Networks, Coinbase and more

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CNBC – For more and to sign up click here The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Check out the companies making headlines after the bell:  Tesla — Shares of Tesla edged more......

Bitcoin extends gains, climbing above $32,000 as cryptocurrencies rebound from sell-off

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CNBC – For more and to sign up click here A bitcoin sign with a graph pictured in the background. STR | NurPhoto via Getty Images Bitcoin and other cryptocurrencies recovered Wednesday after a brief sell-off, with the world’s biggest digital coin climbing back above $30,000. The price of bitcoin......

NFTs may outlast physical art galleries, says famed British artist Damien Hirst

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CNBC – For more and to sign up click here Famed contemporary artist Damien Hirst told CNBC on Wednesday he believes in the staying power of nonfungible tokens, or NFTs, the blockchain-based digital collectibles that soared, then sank, in popularity this year. “You look at what’s happening in NFTs, and......

Watch these key levels for bitcoin next after its break below $30,000, traders say

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CNBC – For more and to sign up click here Bitcoin fell again on Tuesday, this time breaking below the critical $30,000 level. That price has been highlighted by institutional investors as a key level of support. Despite the market rebounding slightly on Tuesday, this move in bitcoin comes as......

It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns

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CNBC – For more and to sign up click here The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street. From the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period”......

As China leaps ahead on digital currency, a top central bank group is calling for global cooperation

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CNBC – For more and to sign up click here LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between......

As bitcoin breaks down, two traders share key levels to watch

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CNBC – For more and to sign up click here Cryptocurrencies were in the crosshairs Thursday. Bitcoin, ether and litecoin all tumbled as investors soured on riskier assets in favor of safe havens such as bonds. Craig Johnson, chief market technician at Piper Sandler, is watching the charts closely for......

Why tether, the world’s third-biggest cryptocurrency, has got economists worried

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CNBC – For more and to sign up click here The Tether price displayed on cryptocurrency exchange Kraken’s website. Tiffany Hagler | Bloomberg via Getty Images Tether is the third-biggest cryptocurrency in the world by market value. And it’s got some economists — including an official at the U.S. Federal......

The SEC should have approved a bitcoin ETF a long time ago, regulator Peirce says

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CNBC – For more and to sign up click here Hester Peirce, commissioner of the U.S. Securities and Exchange Commission (SEC), center, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 24, 2019. Andrew Harrer | Bloomberg | Getty Images Hester Peirce is perplexed.......

Bitcoin had a wildly volatile first half. Here are 5 of the biggest risks ahead

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CNBC – For more and to sign up click here Chris Ratcliffe/Bloomberg via Getty Images Bitcoin had a solid start to 2021, hitting an all-time high of nearly $65,000 in April. But the digital coin closed out the first half of the year down about 47% from its record —......

Binance, the world’s largest cryptocurrency exchange, gets banned by UK regulator

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CNBC – For more and to sign up click here Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018. Akio Kon | Bloomberg | Getty Images LONDON – Cryptocurrency exchange Binance has been banned from operating in the U.K. by the......

Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July

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CNBC – For more and to sign up click here Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tech billionaires Elon Musk and Jack Dorsey have agreed to discuss bitcoin with each other......

Mining bitcoin could be about to get a whole lot easier after China’s crypto crackdown

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CNBC – For more and to sign up click here LAN network cables plugged into a Bitcoin mining computer server are pictured in Bitminer Factory in Florence, Italy, April 6, 2018. Alessandro Bianchi | Reuters With China cracking down on cryptocurrencies, it may soon become much easier — and more......

Bitcoin bounces back after a wild day that briefly took the cryptocurrency below $30,000

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CNBC – For more and to sign up click here The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images Bitcoin continued to rebound from its lows for the year on Wednesday. The cryptocurrency sank below the key $30,000 threshold Tuesday, at one point......

Crypto selling is an opportunity, two traders say. What they would be buying

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CNBC – For more and to sign up click here Cryptocurrencies are in for another volatile week. The price of bitcoin swung below the psychologically important $30,000 mark and briefly went negative for the year on Tuesday before mounting a significant rebound, the latest in a series of wild moves......

Crypto selling is an opportunity, two traders say. What they would be buying

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CNBC – For more and to sign up click here Cryptocurrencies are in for another volatile week. The price of bitcoin swung below the psychologically important $30,000 mark and briefly went negative for the year on Tuesday before mounting a significant rebound, the latest in a series of wild moves......

Bitcoin falls again, breaking below key $30,000 level that traders say could lead to more losses

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CNBC – For more and to sign up click here Bitcoin falls again, breaking below key $30,000 level that traders say could lead to more losses Source – Click here for more To Return to the Main Aggregate News Page – click here...

China’s renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slides

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CNBC – For more and to sign up click here GUANGZHOU, China — China’s renewed crackdown on the cryptocurrency industry has wiped off nearly $300 billion in value from the total digital currency market since Friday, when a major bitcoin mining hub ordered miners to shut down operations. Bitcoin was......

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