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What Do Bill Gates and Warren Buffett Have to Say About Bitcoin?

Berkshire Hathaway never bought shares of
Microsoft. They
have many similarities, and they both are bearish on Bitcoin. Well, I understand Buffett’s reasoning, as he has never been into technology. But the founder of the world’s leading PC operating system (OS) is also bearish.
This whole Bitcoin frenzy is a little difficult to digest. BTC is a digital coin that has no physical form, no regulation, is prone to scams, and changes the power play from banks to those who have the digital coin. While the concept is revolutionary, it has both supporters and critics.
What does Bill Gates have to say about Bitcoin? ....

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3 Top Cryptos to Consider in May

3 Top Cryptos to Consider in May
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Image source: Getty Images
The cryptocurrency space witnessed a turbulent April and has continued to build momentum in the mainstream in the month of May. Today I want to look at three of the top cryptos that investors may be considering in the spring. Let’s jump in.
Bitcoin
Last week I discussed whether Bitcoin could bounce back from its April dip. Bitcoin nearly reached an all-time high of US$65,000 in the middle of April. However, it soon fell victim to a perfect storm of technical issues and concerning rumours.
On the weekend of April 17-18, a power outage in the Chinese Xinjiang region was believed to have disrupted the broader crypto market. The computing power behind the network’s security suffered a 33% dive during the power outage. However, some experts contended that this was not a huge factor in Bitcoin’s loss of momentum in the middle of April. ....

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Hive Stock Investors: Company "Slowly" Grows Cryptocurrency Portfolio by 82% in a Month

In a market update provided on Monday, cryptocurrency miner
Hive Blockchain Technologies(TSXV:HIVE) reported that its Bitcoin and Ethereum portfolio value has reached US$109 million. This implies a staggering 81.7% increase in the portfolio’s value in just over a month. However, Hive stock fell 5% on Monday. Investors could have viewed the latest growth rate as too slow.
Hive Blockchain’s coin inventory surges by 82%
Hive’s coin inventory stood at 20,030 Ethereum (ETH) coins and 320 Bitcoins (BTC) on March 31 this year. The portfolio was valued at US$60 million at the time. Since then, management revalued it to US$75 million on April 16 before reporting a US$109 million valuation yesterday. ....

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Ether's Price Doubles in 1 Month: 2 Canadian Stocks to Take Advantage

Ether’s Price Doubles in 1 Month: 2 Canadian Stocks to Take Advantage
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Image source: Getty Images
The cryptocurrency revolution is extremely intriguing to watch unfold. On the one hand, you have high-potential assets like Bitcoin and Ether that offer significant prospects for growth and innovation long term.
On the other hand, you have highly speculative cryptocurrencies, some even created as a joke with little to no use cases.
Nevertheless, there is growth and potential in the industry, so it continues to grow in popularity. These days, institutions continue to jump on the bandwagon and position themselves for the future. ....

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Forget Bitcoin: 3 Cryptocurrency Stocks Below $10

Image source: Getty Images.
If you’re a Canadian investor, then it’s likely you have a Tax-Free Savings Account (TFSA). While the TFSA is great, this year there is a total contribution room of $75,500. Now, if you’re interested in buying Bitcoin, you have a problem. Bitcoin currently trades at around $66,600 as of writing. So, even if you haven’t invested a penny into your TFSA, it means you can only put one solitary Bitcoin in your TFSA. Maybe it’s time to look at the bigger picture of cryptocurrency.
Let’s say you don’t have $66,600 lying around. But you want to get in on the cryptocurrency action. I don’t blame you! Luckily, there are other ways to invest in Bitcoin and cryptocurrency that won’t cost thousands. In fact, you can keep it all under $10 per share. ....

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