7 Cryptocurrencies that Surprisingly Outperformed Bitcoin in January

Seven cryptocurrencies performed way better than Bitcoin during January’s market volatility.HOT, the native token of Holochain project, surprised the cryptocurrency community with a 178% price surge. Augur’s REP followed by posting a 51.50% monthly gain. Chainlink’s LINK came third after rising 39%, while Numeraire’s NMR became the fourth most profitable crypto asset after ballooning 35%.…

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7 Cryptocurrencies that Surprisingly Outperformed Bitcoin in January

Seven cryptocurrencies performed way better than Bitcoin during January’s market volatility.HOT, the native token of Holochain project, surprised the cryptocurrency community with a 178% price surge. Augur’s REP followed by posting a 51.50% monthly gain. Chainlink’s LINK came third after rising 39%, while Numeraire’s NMR became the fourth most profitable crypto asset after ballooning 35%.…

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Wall Street is Playing Chicken on Bitcoin Adoption: Hedge Fund CIO

Ari Paul, the co-founder of crypto investment firm BlockTower Capital, says bitcoin adoption is at a standstill because Wall Street is taking a “wait-and-see” approach amid the bear market.In a lengthy tweetstorm, Paul says institutional viewpoints about cryptocurrencies fall into three categories:Venture capital mindset: Is there value creation we can capture with early-stage investment?Passive bitcoin…

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Here’s How Much Nvidia Actually Made from Crypto Mining Sales

Here’s How Much Nvidia Actually Made from Crypto Mining Sales Source: ShutterstockAccording to a report by Markets Insider, Nvidia generated $1.95 billion in revenue from its crypto business.Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times…

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Here’s How Much Nvidia Actually Made from Crypto Mining Sales

Here’s How Much Nvidia Actually Made from Crypto Mining Sales Source: ShutterstockAccording to a report by Markets Insider, Nvidia generated $1.95 billion in revenue from its crypto business.Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times…

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7 Reasons Why That Hot New ‘Bitcoin Stablecoin’ Sounds Like Junk

A new Ethereum token called “Wrapped Bitcoin” just launched Thursday.How Wrapped Bitcoin WorksThe purpose of the new cryptocurrency is to enable Bitcoin users to “participate in Ethereum smart contracts natively on the Ethereum blockchain.”Last October Bitcoin custody company BitGo announced a partnership with Kyber Network and Republic Protocol to launch Wrapped Bitcoin (WBTC), a token…

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7 Reasons Why That Hot New ‘Bitcoin Stablecoin’ Sounds Like Junk

A new Ethereum token called “Wrapped Bitcoin” just launched Thursday.How Wrapped Bitcoin WorksThe purpose of the new cryptocurrency is to enable Bitcoin users to “participate in Ethereum smart contracts natively on the Ethereum blockchain.”Last October Bitcoin custody company BitGo announced a partnership with Kyber Network and Republic Protocol to launch Wrapped Bitcoin (WBTC), a token…

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Wall Street is Playing Chicken on Bitcoin Adoption: Hedge Fund CIO

Ari Paul, the co-founder of crypto investment firm BlockTower Capital, says bitcoin adoption is at a standstill because Wall Street is taking a “wait-and-see” approach amid the bear market.In a lengthy tweetstorm, Paul says institutional viewpoints about cryptocurrencies fall into three categories:Venture capital mindset: Is there value creation we can capture with early-stage investment?Passive bitcoin…

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$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All

$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All Canadian Bitcoin Exchange QuadrigaCX claims it can’t find crypto wallets holding $190 million in funds. | Source: ShutterstockQuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets.An affidavit…

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$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All

$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All Canadian Bitcoin Exchange QuadrigaCX claims it can’t find crypto wallets holding $190 million in funds. | Source: ShutterstockQuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets.An affidavit…

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Kudlow: Ocasio-Cortez’s 70% Tax on Rich Would Turn US into Venezuela

Home – News “Everybody’s poor” in oil-rich Venezuela, and US President Donald Trump’s top economic adviser claims he knows the answer: excessive taxes on the South American nation’s wealthiest citizens. With high-profile Democrats such as Rep. Alexandria Ocasio-Cortez clamoring to raise income tax rates as high as 70%, Larry Kudlow is warning that the US…

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