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Monthly Archives: May 2021

Bitcoin price is recovering after China new cryptocurrencies ban

Old soap: China has banned Bitcoin 5 times since 2013

From 2013 until today, China has already announced the banning of Bitcoin and other cryptocurrencies in its territory on at least 5 occasions. The most recent case occurred last week when the Asian country said it would act to crack down on mining and Bitcoin

Data indicates that majority of Bitcoin investors are still in profit

Data indicates that 76% of Bitcoin investors are still in profit

Although Bitcoin (BTC) has corrected about 50% against its historic high of almost $65,000, most investors continue to profit. According to a recent report by Glassnode, even with the drop to the $30,000 zone, about 76% of bitcoin holders are profiting. According to Glassnode, veteran

Washington prosecutor accuses Amazon of anti-competitive practices

Washington prosecutor accuses Amazon of anti-competitive practices

” Amazon behavior and market share prove its intention to build a monopoly and indicate a dangerous likelihood of success, ” said attorney Karl Racine, in his complaint. Racine criticized the e-commerce conglomerate for preventing companies from selling their cheaper products somewhere other than on

Amazon is close to buy Hollywood studio MGM for $9 billion

Amazon is close to buy Hollywood studio MGM for $9 billion

The e-commerce conglomerate Amazon is close to reach an agreement to acquire Hollywood MGM film studios for $9 billion, as the Wall Street Journal (WSJ) said today. The newspaper, which cites knowledgeable sources on the subject, estimated that, if the purchase proceeds, it will be