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Tether's Market Valuation Grows 144% in 2020, USDT Market Cap Worth…

The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion.

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Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M C…

Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed.

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Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year,…

A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and will keep rising to almost $400K by 2030. The researchers have also predicted the future prices of several other major cryptocurrencies, including bitcoin cash, ethereum, and litecoin.

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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From B…

U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc.

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Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of E…

Crypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers.

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Popular Analyst Reveals New Bitcoin Pricing Model: Prediction Sugge…

The popular bitcoin analyst Willy Woo told his 132,000 Twitter followers that he’s working on a new pricing model that suggests a bull run is imminent. In fact, Woo says the model suggests bitcoin is close to “another bullish run” with “maybe another month to go.”

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CBDC Issuance Is ‘Not a Reaction’ to Libra, Says Central Bank Body

The Bank for International Settlements (BIS), the so-called bank for central banks, rejected the popular narrative that private-sector stablecoin proposals (read: Libra) have been key in spurring the issuance of central bank digital currencies (CBDC).

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Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Openin…

Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals.

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Jim Rogers Discusses Bitcoin as Money and Why Governments Will Stop…

Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments’ response to the growing use of cryptocurrency. He predicts that central banks will not let uncontrolled money be used.

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Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Ba…

On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.”

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New Zealand Police Seize $91 Million From Russian Bitcoin Exchange…

Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik.

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Satoshi Nakamoto Kidnapped, Tortured by NSA to Destroy Crypto in Ne…

Decrypted, a new crypto movie about Satoshi Nakamoto, the mysterious creator of Bitcoin, is in production. In this “outrageous and provocative dark comedy,” Satoshi Nakamoto is kidnapped by the NSA and tortured for information that could help the government destroy cryptocurrency.

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