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Michael-novogratz:-bitcoin-is-for-everyone-and-you-should-have-2-3%-of-your-net-worth-in-it

Michael Novogratz: Bitcoin Is for Everyone and You Should Have 2-3% of Your Net Worth in It

Amidst the excitements of BTC hitting an all-time high, Bitcoin bull and ex-hedge fund manager Mike Novogratz said, in an interview with Yahoo Finance, that Bitcoin was designed for every investor.  “Bitcoin is for everyone,” he said, adding that “Everyone should put 2% to 3% of their net worth in bitcoin and look at it…
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Paypal-suspends-user-for-crypto-trading-using-paypal’s-own-service

PayPal suspends user for crypto trading using PayPal’s own service

The user’s funds are reportedly under a 180-day hold. 1721 Total views 13 Total shares A PayPal user reports their account has been restricted after they traded crypto too frequently using the platform.According to U.S.-based Reddit user TheCoolDoc, PayPal sent them a message stating that it had permanently limited their account “due to potential risk.”…
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Biden-considering-gary-gensler-for-deputy-treasury-secretary

Biden considering Gary Gensler for Deputy Treasury Secretary

The former CFTC chairman is currently working as a financial advisor for the Biden-Harris transition team. 244 Total views 3 Total shares With 55 days until his inauguration as President of the United States, Joe Biden is reportedly considering the former chairman of the Commodity Futures Trading Commission for a permanent position in his administration. According…
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Us-spy-chief-reportedly-worried-about-china’s-crypto-dominance

US Spy Chief Reportedly Worried About China’s Crypto Dominance

With China making significant strides in crypto and blockchain development, the US Intelligence apparatus is reportedly worried about the US falling far behind its current economic rival. From crypto mining to central bank digital currencies (CBDCs), there is a popular narrative that Beijing controls vast swaths of the emerging digital economic landscape. A dismissal of…
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Gary-gensler-under-consideration-for-deputy-treasury-secretary-role:-report

Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report

Nov 25, 2020 at 10:51 p.m. UTCGary Gensler Under Consideration for Deputy Treasury Secretary Role: ReportPresident-elect Joe Biden may name former Commodity Futures Trading Commission Chair Gary Gensler to become Deputy Treasury Secretary, CNBC reported Wednesday.Gensler, who is currently heading up Biden’s financial oversight transition team, would report to former Federal Reserve Chair Janet Yellen,…
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Paypal-reportedly-restricted-a-user’s-account-for-trading-cryptocurrency

PayPal Reportedly Restricted a User’s Account for Trading Cryptocurrency

PayPal users who use the service for high-frequency crypto trading should be cautious about having their accounts banned. One Redditor reportedly learned this lesson recently with the payment giant placing a 180-day hold on his purse that still has about $462. Apart from the likelihood of users facing account closures for trading crypto on PayPal,…
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Market-wrap:-bitcoin-loses-momentum-at-$19.4k;-ethereum-fees-increasing

Market Wrap: Bitcoin Loses Momentum at $19.4K; Ethereum Fees Increasing

Nov 25, 2020 at 9:31 p.m. UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Loses Momentum at $19.4K; Ethereum Fees IncreasingThe number of billion-dollar spot volume days in the bitcoin market is increasing, pushing prices higher. Ethereum’s transaction fees are also increasing as general cryptocurrency interest fuels demand.Bitcoin (BTC) trading around $18,883 as of 21:00 UTC…
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Galaxy-digital-ceo-recommends-investing-up-to-3%-of-one’s-net-worth-into-bitcoin

Galaxy Digital CEO recommends investing up to 3% of one’s net worth into Bitcoin

“Look at it in five years, and it’s going to be a whole lot more," opined Novogratz. 2272 Total views 18 Total shares With the price of Bitcoin continuing to test support around $19,000, Galaxy Digital founder and CEO Mike Novogratz recommends HODLing until 2025.In a Yahoo Finance Live interview published on Wednesday, Novogratz said…
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Galaxy-digital-bitcoin-funds-raise-$59m-as-institutional-cash-flows-in

Galaxy Digital Bitcoin Funds Raise $59M as Institutional Cash Flows In

Nov 25, 2020 at 8:09 p.m. UTCMichael Novogratz of Galaxy Digital (CoinDesk archives)Galaxy Digital Bitcoin Funds Raise $59M as Institutional Cash Flows InGalaxy Digital’s bitcoin funds raised $58.7 million in their first year as predominately high-dollar buyers staked their claim to the surging cryptocurrency. As reported in two form D filings, Galaxy Institutional Bitcoin Fund…
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