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Bitcoin Price Drop Causes HUGE Loss for Bitcoin Mining Revenue

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15,562 Total views After the halving, crypto exchanges selling Bitcoin, which they collected in trading fees, may pose the biggest threat to the ongoing Bitcoin rally as miners earn less BTC. Following the Bitcoin (BTC) halving on May 12, traders generally expect the price of the top-ranking cryptocurrency by market capitalization to drop. According to a prominent on-chain analyst, … Read more

Warren Buffett Expects Market Doom

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Warren Buffett has no intention of spending Berkshire’s $137 billion cash pile and, if stocks plummet, Bitcoin may see another significant correction. Warren Buffett and Berkshire Hathaway remain reluctant in spending its $137 billion cash pile. Their cautious stance towards the abrupt recovery of the U.S. stock market may spoil the recent Bitcoin (BTC) rally. … Read more

Act Seeks 1c Coin and $1 Note Elimination; 5c Composition Change

Legislation reintroduced in the U.S. Senate seeks to save taxpayers money by suspending production of the 1-cent coin, changing the 5-cent coin’s composition, and replacing $1 notes with $1 coins. Numbered S.759, the Currency Optimization, Innovation and National Savings (COINS) Act of 2017 was introduced by Sen. John McCain and Sen. Enzi on March 29, … Read more

Thian Album to Bring in $50,000 at Auction

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A rare copy of Raphael Thian’s “The Currency of the Confederate States of America: Its Issues, Types and Series” is expected to bring in excess of $50,000 in Kolbe & Fanning’s 2017 New York Book Auction. The sale will be held on Jan. 14 beginning at 12:30 p.m. EST at the Waldorf-Astoria Hotel in conjunction … Read more