Anthony Scaramucci says GameStop rally is evidence of Bitcoin “proof of concept” | CryptoSlate

Former White House Director of Communications Anthony Scaramucci says the GameStop rally shows why Bitcoin, as a concept, will succeed.
Bitcoin’s bright future
The GameStop rally has come to symbolize individual power exceeding the might of Wall Street.

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Bitcoin bull Mike Novogratz: GameStop (GME) rally is an “endorsement of DeFi” | CryptoSlate

If you’ve been following the news at all over the past week, you know of the story of GameStop.
The GameStop stock, which trades under the ticker GME, has undergone an extreme rally of over 1,000 percent in the past two weeks, which is somewhat of an unforeseen event in financial markets.

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Bitcoin drops below $30k with $450 million in futures liquidated—what’s next? | CryptoSlate

The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum.
On Binance, the price of Bitcoin dropped to as low as $29,500, retesting a critical support level.

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The fourth industrial revolution and crypto | CryptoSlate

Cryptocurrency will be a major piece of technology in the so-called ‘Fourth Industrial Revolution’, also called ‘The Great Reset.’ The World Economic Forum (WEF) foresees it benefiting supply chains. But, we’ve also seen early implications for the Internet of Things and Smart Cities.

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Binance CEO: We’re in the early stages of a multi-year crypto bull cycle | CryptoSlate

Binance CEO Changpeng Zhao (CZ) predicts this current crypto bull cycle may run up until 2024. Speaking to Ran Neuner, the co-founder of On-Chain Capital, Zhao shared his predictions for the future, including a call that several bull years lay ahead.

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