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Square making real-world wallet for cryptocurrency

Square making real-world wallet for cryptocurrency
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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Coinbase Stock Keeps Falling – Is it a Sell Signal for Bitcoin?

Coinbase Stock Keeps Falling – Is it a Sell Signal for Bitcoin?
Last Updated: 18 May 2021
Despite what was a strong earnings performance for crypto exchange Coinbase (COIN) in its first report as a publicly-traded company, the stock hasn’t stopped falling since its direct listing.
In its Q1 2021 earnings report, the Bitcoin exchange revealed a total revenue of $1.8 billion, compared with $585 million in Q4 2020. In addition, Coinbase reported that its total trading volume stood at $335 billion, with institutional investors trading the most, at $215 billion. Retail investors contributed $120 billion in the first three months of the year.
Bitcoin is a Double-Edged Sword for Coinbase ....

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Bitcoin, Musk & the great Tesla U-Turn

Elon Musk, eh? His influence on cryptocurrency seems total. Even his smallest tweet can cause seismic price movements. He’s been at it again, this time with a major statement that has wiped billions off Bitcoin’s market cap. Musk voices big Bitcoin concerns On Wednesday, Musk announced Tesla will no longer be accepting payment in Bitcoin. […] ....

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Tesla and Bitcoin: 7 Reasons Why Elon Musk is Wrong, Is It Time to Buy?

Tesla and Bitcoin: 7 Reasons Why Elon Musk is Wrong, Is It Time to Buy?
Last Updated: 13 May 2021
On May 13, Elon Musk tweeted that Tesla will no longer accept Bitcoin (BTC) payments. According to Musk, Bitcoin mining is degrading our environment because of the high amounts of fossil fuels used, especially coal.
Following Musk’s announcement, the price of BTC crashed from $55,000 to below $47,000. However, the coin has since recovered slightly and is now trading around the $50,000 mark.
Staunch Bitcoin supporters have strongly criticised Musk’s abrupt turnaround, stating that the CEO is totally wrong on this issue. Here’s their reasons: ....

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Is the bull run over? BTC loses $50,000 as transaction fees surge

Is the bull run over? BTC loses $50,000 as transaction fees surge
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