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Kevin O'Leary Responds To Cathie Wood's Bitcoin Prediction: 'The U.S. Economy Would Have To Collapse'
Friday, May 10, 2024 - 9:00am | 659Cathie Wood, CEO of asset management firm Ark Invest, is known for making outlandish projections about the future of cryptocurrencies. While these predictions would make any investor in the tokens much wealthier, there are some very strong assumptions behind the predictions that have a very low...
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'Bitcoin Jesus' Roger Ver Charged With Tax Fraud: How Much Does He Owe From His Bitcoin Gains?
Thursday, May 2, 2024 - 2:45pm | 671Traders often forget about the capital gains taxes they owe on trading profits throughout the year. But even if they did forget, nearly all of them still pay the taxes on what they've earned. Most will pay them without trouble, but some will refuse to pay capital gains taxes. Roger Ver, also...
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9 Out Of 10 Bitcoin Holders Are In Profit: Is It Time to Buy Bitcoin?
Tuesday, April 30, 2024 - 1:33pm | 750Financial analysts rely on the wealth of data available to make informed trading decisions. An options trader can view implied volatility, Greek values and Black-Scholes to make a trading decision. But for nearly all markets, some data is inevitably hidden from traders because it is private...
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Bitcoin Millionaires Revealed: How Many Investors Hold $1 Million Or More In BTC?
Tuesday, April 30, 2024 - 10:37am | 710One of the more interesting data points to look at for any asset is the distribution of holders. The distribution can play a large part in the trading dynamics of the asset as well as broader market sentiment. Additionally, because blockchain technology is entirely public, the distribution of...
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Cathie Wood Raises Her Bitcoin Prediction by $2.3 Million: What $1,000 Invested Could Be Worth By 2030
Tuesday, April 30, 2024 - 8:19am | 567Ark Invest CEO Cathie Wood is known for making outlandish predictions about cryptocurrency. The predictions, which would result in small amounts of money appreciating into millions of dollars, are unlikely to come true, but they are still interesting to consider. Wood spoke at an...
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The 3rd-Largest Bitcoin (BTC) Wallet Bought 1,400 More BTC Last Month
Wednesday, April 24, 2024 - 8:00am | 855The Bitcoin market is notoriously concentrated among the top holders. The largest wallets hold a huge portion of the supply. And with the increase in institutional adoption, information about some of these top holders is becoming more accessible. Firms such as MicroStrategy Inc. (NASDAQ:MSTR...
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Bitcoin's Market Cap Will Eclipse $16T, $800K Per BTC, Says Skybridge Capital's Anthony Scaramucci
Tuesday, April 23, 2024 - 9:00am | 707Well-known hedge fund manager Anthony Scaramucci discussed his views on Bitcoin going forward, why he likes the token and a potential price target during an interview on CNBC. Scaramucci has a long history in the financial sector, starting his career at Goldman Sachs before founding...
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Here's How Much $1,000 Invested During The 1st Bitcoin Halving Is Worth Today
Monday, April 22, 2024 - 1:32pm | 671About every four years, a major event known as halving occurs on the Bitcoin blockchain and decreases the amount of new tokens released each block by half. This lowers the rate at which the supply increases and can decrease the amount of tokens sold each day. In the past, this event has been a huge...
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Holding 0.001 Bitcoin Could Make You A Multimillionaire, According To Fidelity Director
Thursday, April 18, 2024 - 1:08pm | 671Bitcoin has made its name as a deflationary and decentralized asset. These properties are written into the source code and cannot be altered. Many see these characteristics and think about how it could potentially send the price higher and wonder how a small investment in Bitcoin could create...
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Bitcoin Billionaire Predicts $250,000 BTC Price By End Of Year — Is It Possible?
Wednesday, April 17, 2024 - 2:30pm | 684At the end of 2023, venture capitalist Tim Draper predicted that Bitcoin (BTC) would go as high as $250,000 in 2024. At the time, his prediction was seen as unlikely, and many dismissed his claims. However, with nearly one-third of 2024 gone, his prediction may not seem as unlikely anymore. ...
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Cathie Wood's Bullish Ethereum (ETH) Prediction: How Much $1,000 And $10,000 Invested Could Be Worth
Wednesday, April 17, 2024 - 2:00pm | 711While Bitcoin has made headlines in 2024 with the approval of spot exchange-traded funds (ETFs) and the upcoming halving, Ethereum (ETH) is potentially positioned to make waves in the coming months and years, according to Ark Invest CEO Cathie Wood. Ark Invest held its Big Ideas event, an...
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Bitcoin Halving In 3 Days: What To Expect From BTC This Week And In 2024
Wednesday, April 17, 2024 - 1:30pm | 776Approximately every four years, the price of Bitcoin (BTC) undergoes a significant event called a halving. This process, which is written into the source code, is meant to bring anti-deflationary characteristics to the token and has helped the price appreciate in the past. However, this time may be...
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Bitcoin Hinges On This Key Support Level, Says Analyst: 'Could Significantly Boost The Chances Of Reigniting The Bull Run'
Tuesday, April 16, 2024 - 9:33pm | 855Cryptocurrency analyst Ali Martinez has highlighted the critical support levels for Bitcoin (CRYPTO: BTC). This comes amid a period of volatility in the crypto market. What Happened: Martinez took to X to share his insights on the current state of Bitcoin. He noted that the $62,000 level is a...
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Here's How Much Bitcoin You Need To Become a Millionaire, According To Michael Saylor
Tuesday, April 16, 2024 - 11:30am | 716MicroStrategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor says you can never have too much Bitcoin. While this isn't surprising coming from one of the world's largest Bitcoin investors, his comments could influence markets and provide more insights into why he believes Bitcoin (BTC) is a great...
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Here's How Much $1,000 In Bitcoin Will Be Worth In 2025 If Raoul Pal's Prediction Is Correct
Tuesday, April 16, 2024 - 9:30am | 712Raoul Pal has an extensive background in financial markets. He has served as head of European hedge fund sales for equities at Goldman Sachs and a portfolio manager at a hedge fund. More recently, he started his own crypto hedge fund, investment research firm and financial knowledge platform. His...