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Syrian Central Bank Devalues Local Currency by Nearly 50% – Economics Bitcoin News
The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will…
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Bitcoin and Ethereum Trade Flat in Early 2023
The top two digital assets, Bitcoin and Ethereum, started 2023 essentially unchanged as the crypto space tries to recover from the record-high bear market of 2022.
CoinMarketCap data showed that Bitcoin and Ethereum traded flat during the…
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Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes.
Although the firm later purchased more bitcoins, the sale defied its promise of…
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Bitcoin stays put with yearly close set to seal 60% YTD BTC price loss
Bitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent from the market.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price: Where's the volatility?Data from…
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Insurance Giant Tokio Marine to Offer Its Services in the Metaverse – Metaverse Bitcoin News
Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and…
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Peter Schiff Mocks Hodlers After MicroStrategy Sells 700 BTC
Peter Schiff says that 2023 will test the staying power of Bitcoin hodlers after Michael Saylor sells 700 BTC for tax relief.
Bitcoin critic and gold bug Peter Schiff mocked Bitcoin hodlers optimistic about 2023 despite the cryptocurrency…
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Will Fiji Legalize BTC Next as its New Pro-Bitcoin PM Steps Into Office?
Sitiveni Rabuka became Fiji’s 12th Prime Minister after winning the country’s elections earlier this month. The 74-year-old, commonly known by his nickname “Rambo,” is a proponent of bitcoin.
Former member of Parliament of…
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‘Crypto winter’ won’t end in 2023 — Bitcoin advocate David Marcus
Bitcoin (BTC) and crypto will need until at least 2024 to "recover from the abuse of unscrupulous players," says one of the industry's best-known names.In a blog post released on Dec. 30, David Marcus, CEO and founder of Bitcoin firm…
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Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network – Finance Bitcoin…
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and…
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The 8 Worst Bitcoin ‘$5 Wrench Attacks’ of 2022
Bitcoin and the crypto space still have much to overcome regarding security and protection in order to flourish. However, cyberspace is not the only place where security threats exist.
Forbes identified last year that while physical…
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