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Cryptos

How Bitcoin Could Hit $400,000 By 2025

Source: Wave FinancialHow does $400,000 per bitcoin sound? Most likely outlandish, especially if it is expected within the next five years. But that is exactly the price the analysts at Los Angeles-based investment management company Wave Financial believes bitcoin could reach, using the investment analysis model stock-to-flow ratio, by as early…
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Bitcoin Mining Rev. Hits All-Time Highs

Like many providers in the space, international bitcoin mining services company Compass Mining is on a roll. With the success of BTC and rising mining revenues — now at an all-time high of $60 million per day — this rapidly-growing startup finds itself squarely in the middle of a bull run.Founded in October 2020, Compass has been able to…
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FTX Could Sponsor Miami NBA Stadium

The City of Miami is reportedly in the process of finalizing a deal with the FTX cryptocurrency exchange to sponsor the currently named AmericanAirlines Arena, home of the Miami Heat NBA franchise. If finalized, it would be the first major sports stadium to be named after a cryptocurrency business. Since the beginning of the COVID-19 pandemic,…
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Massive Data Leak Shows Danger Of KYC

As much as 8.2 terabytes of personal information data has allegedly leaked from users of India-based MobiKwik mobile payment’s wallet application and onto the dark web, according to a report from India Times. A white hacker who highlighted the breach called it “probably the largest KYC data leak in history,” per India Times. The leak apparently…
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A Deep Dive Into Bitcoin’s Contango

Bitcoin is trading in contango. But what does this mean?“Contango is a situation where the futures price of a commodity is higher than the spot price.” -InvestopediaNow, what’s a futures contract?“A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the…
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