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Bitcoin for dummies

3 reasons why Bitcoin can rally back to $60K despite erasing last week’s gains

Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000. Bitcoin (BTC) plunged to below $38,000 on March , giving up all the gains it had made last week, which saw BTC/USD rally over $45,000. BTC back below $40K as oil soars The losses appeared due, primarily, to selloffs across …

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BITCOIN AND ANNUITIES — HOW CAN WE REVITALIZE THEIR POOR VALUE?

Annuities have suffered greatly over time — bitcoin-based annuities, while not probable any time soon, could reinvigorate the industry. WHAT IS AN ANNUITY, AND WHY DO THEY MATTER? An annuity is generally a fixed sum of money paid to someone each year, often defined as payable for the rest of their life. These have typically …

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LEBRON JAMES TO LAUNCH BITCOIN AND CRYPTO EDUCATION PROGRAM

The NBA legend partnered with Crypto.com to support educational and workforce development opportunities focused on Bitcoin and crypto. NBA star Lebron James and his Lebron James Family Foundation (LJFF) have partnered with cryptocurrency platform Crypto.com to launch a series of educational and job training initiatives about Bitcoin, cryptocurrency, and related technologies. “Through this partnership, I PROMISE students …

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WHAT IS NAKAMOTO-GRESHAM’S LAW, AND HOW DOES IT PERTAIN TO BITCOIN?

We know the idea of Gresham’s law — but it cannot be applied directly to bitcoin without some modification. Bitcoin is money. That means it’s openly competing with the incumbent fiat monetary regime. A co-circulation of two types of money isn’t unprecedented, and the economic principle that describes the outcome is known as Gresham’s law. …

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HOW DOES BITCOIN IMPACT YOUR TAXES? 10 THINGS TO KNOW

A professional tax advisor explains the key things for Bitcoiners to know when filling out their returns for 2021. Yes, it’s that time of year again. The new year is upon us and we all need to start gathering tax documents. Fun stuff, right? And if you’ve invested in bitcoin or sold bitcoin, then things …

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WHY JANUARY IS A HISTORIC MONTH FOR BITCOIN

What makes the first month of the year such an important part of Bitcoin’s history? It’s almost difficult to believe that later in 2022, Bitcoin will celebrate its 14th “birthday.” Over the last 14 years, Bitcoin has made great strides, growing ridiculously and setting itself up to usurp the U.S. Dollar as the world’s reserve …

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SO YOU JUST BOUGHT SOME BITCOIN, NOW WHAT?

There are three primary ways to take your Bitcoin participation to the next level: secure your keys, run a node and start mining from home. Congratulations and welcome to the Bitcoin network! This is the beginning of an exciting adventure full of countless resources, lots of helpful mentors and online friends who can become in-person …

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GOOGLE CARDS TO STORE BITCOIN AND CRYPTO: REPORT

The company has reportedly formed partnerships with Coinbase and BitPay to enable the new functionality. Google’s digital cards might soon enable users to hold bitcoin and spend fiat. The company has formed partnerships with Coinbase and BitPay to enable the functionality. It is still unclear when Google would start accepting bitcoin for transactions. Google is …

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