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Bitcoin

Roger Huang on how Bitcoin could one day be the

You’d think early entrants to the Bitcoin space were a faceless group of super coders armed with powerful mining rigs and algorithms that sought to accumulate as much of the asset as possible via mining and trading. But while such

Bitcoin

Binance limits daily withdrawals to $2,000 for basic accounts amid

Major cryptocurrency exchange Binance today announced that users who passed only “Basic” verification soon won’t be able to withdraw more than 0.06 Bitcoin (roughly $2,000) worth of funds per day—down from the previous limit of 2 BTC (around $80,000 currently).

Bitcoin

After El Salvador warning, IMF says accepting Bitcoin as national

The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability. In their official blog post, written by monetary and capital markets department

Bitcoin

Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled

Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter of 2021—which was “partially offset” by a “Bitcoin-related impairment of $23M.” “Operating income increased [year-over-year] mainly due