July 23, 2024
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El Salvador’s President Nayib Bukele Slams Critics As Bitcoin Investment Profits Exceed $3 Million

El Salvador’s Bitcoin Investment Profits Exceed $3 Million, President Nayib Bukele Says. Nayib Bukele slams critics, especially journalists, who thought he would lose. El Salvador’s President Nayib Bukele has announced on the X platform (formerly twitter) that the country’s Bitcoin investment has now generated a profit of over $3 million, following the cryptocurrency’s rebound to

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El Salvador President Losses Approximately $8M in Bitcoin Investment

The El Salvadoran president has invested over $126 million in bitcoin since 2021. The current value of the president’s holdings is around $118 million, translating to a loss of over $8 million. The president’s most expensive batch purchase consisted of 420 BTC priced at $60,345 each, which has independently incurred a loss of $9,354,937. President

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Bitrue Introduces Two New Features to Assist Crypto Investors in Making the Most of Their Crypto Assets

Bitrue has announced the launch of two new investment features on its platform to help investors. These features will not only help users increase their crypto holdings, but will also give them more control over what happens on the platform. Users are practically taking matters into their own hands with relation to their crypto investment

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Mike Novogratz believes Bitcoin can test the $38,000 bottom

Mike Novogratz, a well-known crypto investor and former Goldman Sachs management, believes Bitcoin has a good possibility of falling below $40,000 and testing a new bottom below $38,000 before finding any upward momentum. Bitcoin, the world’s most valuable cryptocurrency, has dropped another 3% in a savage sell-off that has pushed the BTC price below $42,000.

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Khaldoon Khalifa, $243 Billion Investment Fund CEO Grows Confident On The Crypto Market

Khaldoon Khalifa, the chief executive of a $243 billion sovereign wealth fund, reveals his firm will consider moving into the crypto industry. Furthermore Khaldoon Khalifa Al Mubarak, CEO of the Mubadala Investment Company explains to CNBC. Then, states he believes that crypto “is real.” “I think this is a business that had what, $200 billion

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Carl Icahn, Billionaire investor Sees Bitcoin As The Best Hedge For inflation

Carl Icahn comments go in line with Federal Reserve Chairman Jerome Powell’s. Notably, He notes that inflation is rising along with supply issues. Furthermore, Carl Icahn warns that the next market crisis may be close. Then, He goes on to state that Bitcoin may be the best hedge against inflation. Additionally, as the United States

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Tesla Sees $1 Billion Gain on Its Bitcoin ($BTC) Investment

Electric car maker Tesla reveals sometime earlier this year of $1.5billion BTC investment. Of course, this is through a filing with the U.S. Securities and Exchange Commission (SEC). Despite the short time, The investment is currently up $1 billion. Then also, Tesla starts accepting Bitcoin payments but drops them immediately after due to environmental concerns.

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CNBC’s host Jim Cramer reasons his investments in Bitcoin

In a YouTube video of The Street Live, CNBC's host and former hedge fund manager, Jim Cramer, states his possible investments in bitcoin and gold.

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