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What a $1,000 Bitcoin Investment is Worth Today
Since Bitcoin’s inception in 2009, its price has experienced significant volatility, leading to dramatic gains for some investors—and crushing losses for others. Many are left pondering the question, “What if I had invested sooner or held on longer?” One of the most famous examples in Bitcoin history occurred in 2010, when a man made the…
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U.S. Judge Sentences Man to 5 Years for Orchestrating $20 Million Crypto Fraud
Chirag Tomar, a 31-year-old man from India, has been sentenced to five years in prison by U.S. District Judge Kenneth D. Bell for his role in orchestrating a $20 million cryptocurrency fraud scheme that spanned the globe. Tomar’s sentencing took place in a federal court in North Carolina, where he had earlier pleaded guilty to…
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BlackRock Approaches 2% of Total Bitcoin Supply Amid Rising Institutional Investment
The future of Bitcoin is a hot topic, especially with the influence of factors like the upcoming U.S. election, advancements in technology, and increasing institutional interest. Recently, Rob Nelson, anchor of Roundtable, sat down with Armando Pantoja, a futurist and the founder of Quant Index, to discuss these influences on Bitcoin’s potential trajectory. During the…
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Why Bitcoin Will Rise Regardless of the U.S. Election Outcome
As the U.S. presidential election approaches, speculation is swirling about its potential impact on financial markets. But for cryptocurrencies, the outcome might not be a game-changer. According to experts, a significant “reflation” could be on the horizon, fueled by liquidity and global monetary policies. This suggests that asset prices, including bitcoin, may rise regardless of…
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How the FBI Created a Cryptocurrency to Trap Scammers
In a bold move against crypto fraud, the Federal Bureau of Investigation (FBI) has used scammers’ own tactics against them by creating a fake cryptocurrency as bait. This marks the first time the FBI has disclosed such a strategy, aimed at catching fraudsters in the act. The FBI reports that this sting operation has led…
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Sam Bankman-Fried’s FTX Granted Approval to Return $1 Billion to Customers
In a rare and unexpected outcome, cryptocurrency firm FTX has received court approval to fully repay customers whose digital assets were frozen on the platform after its collapse nearly two years ago. This decision might also allow shareholders of the Sam Bankman-Fried-founded exchange to benefit from up to $1 billion in seized assets. On Monday,…
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Top 5 Key Risks You Should Understand Before Investing in Bitcoin
Bitcoin has been one of the best-performing assets over the past decade, increasing in value approximately 185 times since its early days. Today, Bitcoin boasts a market cap of around $1.2 trillion, positioning it alongside some of the world’s most valuable companies. With Bitcoin currently trading about 18% below its all-time high, many investors may…
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HBO Claims to Unmask Satoshi Nakamoto in New Documentary
HBO Claims to Know Satoshi Nakamoto’s True Identity In a bold move, HBO is set to release a documentary titled Money Electric: The Bitcoin Mystery on Tuesday, claiming it will finally reveal the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin. The documentary is directed by Cullen Hoback, known for his investigative work…
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Who Is Satoshi Nakamoto? The Mysterious Creator of Bitcoin
The identity of Satoshi Nakamoto has remained one of the most fascinating mysteries in the world of cryptocurrency since Bitcoin’s inception. Satoshi Nakamoto is the pseudonymous entity credited with creating Bitcoin, the world’s first decentralized cryptocurrency, and authoring its foundational whitepaper. Despite extensive efforts to unmask Nakamoto, the person (or group of people) behind this…
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Geopolitical Tensions Could Weigh on Bitcoin, but Dip Seen as Buying Opportunity, Says Standard Chartered
Geopolitical risks stemming from the ongoing conflict in the Middle East are expected to put downward pressure on Bitcoin (BTC), potentially pushing its price below the $60,000 mark by the weekend, according to comments from investment bank Standard Chartered on Thursday. Despite this short-term volatility, the bank suggests that any dips in price should be…
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