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    Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants

    According to a report from Business Insider, Red Balloon sends the hard drives to certain candidates for cybersecurity research positions at the firm. Anyone who has the “the skills and passion” to crack the encryption would be able to claim 0.1337 Bitcoin (BTC), or roughly $4,800 at the time of publication. Applicants who are able to access the coins are told to purchase a ticket to New York City for the next step.Continue Reading on Coin Telegraph More

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    Grayscale is the key to Bitcoin reclaiming $40k, JPMorgan says

    In recent comments regarding the short-term price outlook of Bitcoin, strategists from JPMorgan Chase (NYSE:JPM) said that Grayscale could be the key to Bitcoin hitting $40k once again. The strategists led by Nikolas Panigirtzoglou told Bloomberg that Bitcoin could lose its momentum and appeal in the short-term if it fails to breakout about $40k.Bitcoin has broken the $40k benchmark twice this year. The first being when it hit its new all-time high and approached $42k, and the second just last week.Panigirtzoglou and his team of strategists believe that Grayscale’s Bitcoin Trust, which currently has nearly $23 billion worth of Bitcoin is crucial if the digital asset will return or even surpass $40k. They wrote:Continue reading on BTC Peers More

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    Ruffer Investment hails Bitcoin, claims adoption is just beginning

    In a recent note to investors, cited by Portfolio Adviser, Ruffer noted that its Bitcoin purchase was a “small allocation to an idiosyncratic asset class which we think brings something significantly different to the portfolio.”It can be recalled that the asset manager had earlier exposed 2.5% of its portfolio to Bitcoin. Ruffer in its note gave several reasons why Bitcoin is becoming an attractive investment class. According to them:Continue reading on BTC Peers More

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    After alleged hack, Russian crypto exchange Livecoin shuts down

    According to Livecoin’s main page, the exchange is unable to continue operations due to financial and technical damages caused by an alleged attack on its servers in late 2020. Livecoin announced the shutdown on Jan. 16 on Twitter, linking to its new domain “Livecoin.news.” Livecoin’s previous domain Livecoin.net is not available at publishing time.Continue Reading on Coin Telegraph More