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3 Signs You Are Ready To Invest In Bitcoin!

3 Signs You Are Ready To Invest In Bitcoin!
by Zack Smith
March 8, 2021
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3 Signs You Are Ready To Invest In Bitcoin! 3 Signs You Are Ready To Invest In Bitcoin! It would be an understatement to say that Bitcoin (CRYPTO: BTC) has skyrocketed in the last few weeks. The leading cryptocurrency was around $ 50,000 at the time of this writing, and despite some fluctuations, it continues to see record highs so far this year. In addition, Tesla made the headlines when CEO Elon Musk announced that he would buy $ 1.5 billion worth of Bitcoin, fueling the rapidly rising price of the cryptocurrency. 1.You Must Be Ready to Take a Higher Level...

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Biden’s $ 1.9 Trillion Incentive Package Is Released, Indices Are Down!

Biden's $ 1.9 Trillion Incentive Package Is Released, Indices Are Down!
by Zack Smith
March 8, 2021
0

Biden's $ 1.9 Trillion Incentive Package Is Released, Indices Are Down!   Treasury yields rose following the Senate transition of the $ 1.9 Trillion Biden incentive scheme, while futures for Dow Jones, S&P 500 and Nasdaq fell on Monday morning. The Senate approved the $ 1.9 trillion Biden stimulus plan on Saturday. Parliament is now ready to pass the law earlier this week. The market correction that came last week offers stocks a chance to prepare on a bullish basis. Just as the world moves out of the coronavirus epidemic to a normal economy, the next stock market boom could cause...

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How Does the Attack on the Saudi Arabian Facility Affect the Oil?

How Does the Attack on the Saudi Arabian Facility Affect the Oil?
by Zack Smith
March 8, 2021
0

How Does the Attack on the Saudi Arabian Facility Affect the Oil?   Brent oil wiped its earnings with the impact of the attack on the world's largest crude oil terminal in Saudi Arabia. Futures in London surged to over $ 71 a barrel, the highest since January 2020. Saudi Arabia reported that the attack on a storage tank in Ras Tanura on Sunday was halted and oil production remained unaffected. Oil has recovered amidst OPEC+ supply cuts and economies emerging from the coronavirus crisis, driven by increased demand. After the producer alliances pledged to keep production steady in April, the...

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Top 3 Tech Shares That Can Make You Rich in March and After – Pinterest

Top 3 Tech Shares That Can Make You Rich in March and After - Pinterest
by Zack Smith
March 5, 2021
0

Top 3 Tech Shares That Can Make You Rich in March and After - Pinterest   3. Pinterest: An alternative social media platform! Facebook has already attracted global attention. And antitrust and regulatory concerns haunt. Without all this drama, investors are turning to Pinterest (NYSE: PINS) to keep up with the growth in social media. The platform functions as a digital repository and a visual discovery engine, allowing users to find, save and organize the things they love on the internet. This digital notebook provides a personal space that allows users to collect things and pin them to virtual boards. Pinterest...

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Top 3 Tech Shares That Can Make You Rich in March and After – Etsy

Top 3 Tech Shares That Can Make You Rich in March and After - Etsy
by Zack Smith
March 5, 2021
0

Top 3 Tech Shares That Can Make You Rich in March and After - Etsy   2. Etsy: Giant e-commerce step for the little guy While e-commerce platforms Amazon and Shopify made headlines last year, both were surpassed by the little engine Etsy (NASDAQ: ETSY). Winds have driven digital retailing by hand-made products as well as retro and classic products. These trends fall into Etsy's comfort zone. The company has turned the once niche markets into a lucrative venture! Etsy closed the year 2020 with a high note, continuing the consecutive triple-digit increase in gross merchandise sales. It resulted in 2020...

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3 Signs You Are Ready To Invest In Bitcoin!

3 Signs You Are Ready To Invest In Bitcoin!

March 8, 2021
US Support Package Will Be Sent to The House of Representatives

US Support Package Will Be Sent to The House of Representatives

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European stocks strengthened significantly, German Dax set a new record

European stocks strengthened significantly, German Dax set a new record

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Hakan Atilla Resigned from Borsa Istanbul

Hakan Atilla Resigned from Borsa Istanbul

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China needs at least another 30 years to become a manufacturing power

China needs at least another 30 years to become a manufacturing power

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Europe has agreed agricultural quotas with the United States

Europe has agreed agricultural quotas with the United States

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Norwegian Oil Giant Prepares to Invest in Bitcoin

Norwegian Oil Giant Prepares to Invest in Bitcoin

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Biden's $ 1.9 Trillion Incentive Package Is Released, Indices Are Down!

Biden’s $ 1.9 Trillion Incentive Package Is Released, Indices Are Down!

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BIST 100: Performances In The First Half

BIST 100: Performances In The First Half

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The Union is stepping up against the importation of dangerous goods

The Union is stepping up against the importation of dangerous goods

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How MicroStrategy Acquired 38,000 Bitcoin?

MicroStrategy CEO made a statement about how they bought 38,000 Bitcoin (BTC).

Eylem Özer by Eylem Özer
September 19, 2020
in Breaking News, Crypto News, Markets
0
How MicroStrategy Acquired 38,000 Bitcoin?

How MicroStrategy Acquired 38,000 Bitcoin?

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How MicroStrategy Acquired 38,000 Bitcoin?

How did MicroStrategy acquired 38,000 Bitcoin? MicroStrategy CEO made a statement about how they bought 38,000 Bitcoin (BTC).

MicroStrategy, a giant company operating in the business intelligence field, has received 38,250 Bitcoin (BTC) since last month. The company, which traded on Nasdaq and has a market value of $ 1 billion 550 million, announced its first Bitcoin (BTC) purchase on August 11, 2020 with 21 thousand 454 BTC, and the second purchase with 16 thousand 796 BTC on September 14. MicroStrategy CEO Michael Saylor made a statement about how the company made these purchases.

Saylor explained that they made the purchase of 21 thousand 454 BTC with 78 thousand 388 off-chain transactions and then secured the BTC received by cold storage method with 18 on-chain transactions. Saylor says, “Bitcoin scales well as a store of value. According to our model, if Bitcoin is considered a treasury reserve asset, 99.98 percent of all transactions will be off-chain and assets at risk will be held by cold storage 99.92 percent of the time. ”

 

Informed About the Second Purchase

The CEO also gave information about the second purchase. Saylor stated that they made purchases of approximately 0.19 BTC every three seconds for 74 hours and made 88,617 transactions, and received approximately $ 39,414 BTC per minute.

 

In fact, CEO Michael Saylor was known for his distaste for Bitcoin. So much so that the CEO made a post on his personal Twitter account in 2013 and the “days of Bitcoin” are numbered. It seems like a matter of time before it shares the same fate as online gambling. ”

 

So Why Is The Company Buying Bitcoin?

MicroStrategy has announced that it sees Bitcoin and other alternative investments as a method of avoiding inflation. The company stated that the US dollar was weakening and that it would make sense to shift treasury assets to deflationary or less inflationary assets. In addition, Saylor said, “It would not be prudent anymore to keep holding large amounts of dollars.”

Tags: 38.000 BTCbitcoinbitcoin newsbitcoin priceBTCCEO Michael Saylorcrypto currency exchangecrypto newsfinancial newshow much bitcoinMicroStrategy
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3 Signs You Are Ready To Invest In Bitcoin!

3 Signs You Are Ready To Invest In Bitcoin!

March 8, 2021
US Support Package Will Be Sent to The House of Representatives

US Support Package Will Be Sent to The House of Representatives

March 8, 2021
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European stocks strengthened significantly, German Dax set a new record

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Hakan Atilla Resigned from Borsa Istanbul

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China needs at least another 30 years to become a manufacturing power

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Europe has agreed agricultural quotas with the United States

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BIST 100: Performances In The First Half

March 8, 2021
The Union is stepping up against the importation of dangerous goods

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3 Signs You Are Ready To Invest In Bitcoin!

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