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After buying 4,167 more bitcoin for about $190.5 million, MicroStrategy now owns 129,218 coins worth more than $6 billion.
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According to the DOJ, this is one of the largest bitcoin forfeiture actions ever filed.
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The significant announcement on Internet Computer's NFT platform serves as a catalyst.
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Even if it's hovering at its all-time high, there are no signs of a breakout in the price of bitcoin. Furthermore, there doesn't appear to be any skewedness in the data. Ethereum and Ripple both have significant challenges that must be cleared before they can continue to rise.
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For the second quarter and beyond, we'll take a look back at Bitcoin's performance, as well as an outlook for the next.
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Theoretically, the US might avoid inflation and avoid a recession by achieving massive productivity improvements. However, do not count on it.
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Thanks to the idea of 'effective altruism,' which he studied in college, Sam Bankman-Fried, the wealthy founder of crypto exchange FTX, has plans to give away the great bulk of his money.
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Teslas will always be in demand. Perhaps space rockets will as well. Petrol vehicles will be discreetly phased away. And if you acquire enough likes and followers, you could win a spot on Mars' planned space colony. With the announcement today that Elon Musk, the founder of Tesla and one of the world's richest men, has purchased a 9.2 percent interest in Twitter, there will be plenty of jokes about how he may transform the social media site. But by far the most important is this. He may be able to shift it to the libertarian right. That would be quite big.
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According to an SEC filing issued Monday, Tesla CEO Elon Musk purchased a 9.2 percent interest in Twitter Inc.
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This morning, the price of Ripple (XRP) dropped below $0.8390, which is where it was this time last week. This is a problem for new investors and traders as the rally fades a little by little.