...And Bitcoin Breaks $57,000… Then Falls 😕
 | Total Market Cap $1.73T (+0.57%) | | 24 Hour Volume $131.42B (+2.15%) |  | Notable Movers Theta Fuel (TFUEL) (+21.44%) | | | | Bitcoin Dominance 61.16% (+0.38%) | | Bitcoin Price $57,002.76 (+1.76%) | | | | |
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| | Today's Top Stories 📰 | Learn all about crypto at Alexandria, your new online crypto source! | | | |  | | The rumor was abuzz that Oracle was on the cusp of investing $4 billion into Bitcoin. Alas, Wednesday came and went with no announcement. This may have contributed to BTC slipping away from highs of $57,258.25 on Thursday to lows of $54,484.59. It isn't all doom and gloom though: One Bloomberg analyst thinks Bitcoin is headed to $80,000. Read more here.
| | | | One in three British investors won't buy Bitcoin because they think they've "missed the boat" after the recent price surge, a survey suggests. Despite this, the Parliament Street report found that 18% of those polled think BTC will hit $140,000 this year. Some crypto heavyweights, such as Cameron Winklevoss, think this mentality is short-sighted. Read more.
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| Crypto was designed to take the world away from fiat, but one startup appears determined to make Bitcoin more like old-fashioned money. Noteworthy says that it is planning to design banknotes that are backed by Bitcoin — adding a "level of trust" and familiarity. But as our article explains, such a product could create more problems than it solves. Read more. | | | | | In a big milestone, Joe Biden's $1.9 trillion stimulus package has been approved by the House of Representatives. Eligible Americans will receive a check of up to $1,400. Many think that the financial relief could be a good thing for Bitcoin. That's because the cryptocurrency can serve as a hedge against inflation when new dollars flood the market. Read more here. | | |
| Grayscale has halted inflows into its Bitcoin trust after the fund started trading at a 15% discount to the value of the cryptocurrency it actually holds. It comes as Digital Currency Group, Grayscale's parent company, announced it would be buying up to $250 million of shares in the trust. Read more here.
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