Stimulus Checks and Hedge Funds, Why Bitcoin (BTC) is headed to $8,000

Stimulus Checks and Hedge Funds, Why Bitcoin (BTC) is headed to $8,000

In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering around $7,200 and looks set to start a climb up to $8,000. For the last 72 hours, Bitcoin

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3 Reasons Why Binance Coin (BNB) Has its Eyes Set on $21

3 Reasons Why Binance Coin (BNB) Has its Eyes Set on $21

In brief: The team at Binance has completed one of the largest coin burns of BNB to date.  The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March.   In December of 2018, Ethereum World News hinted that Binance

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How Stablecoins are Harmful to the Price of Bitcoin (BTC)

How Stablecoins are Harmful to the Price of Bitcoin (BTC)

In brief: Stablecoin market capitalization has reached a whopping $8 Billion.  This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC).  With central banks minting fiat, stablecoins are backed by currencies prone to inflation. An ideal future is where all trading is denominated in Satoshis. Recent news has highlighted that the…

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