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Latest Bitcoin News

Bitcoin Hit All-Time High a Year Ago, Though It Now Faces Steep Declines

Bitcoin has discovered gravity, after just a year of riding high in the cryptocurrency universe. As of Monday morning, Bitcoin was down 83% to $3,391 from its peak on Dec. 17, 2017 of $19,870, according to Coindesk. Bitcoin’s plummet is just a hair better than the S&P 500’s 86.1% loss …

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The Next Major Obstacle For BTC

Following yesterday’s analysis and after breaking up the falling wedge pattern, Bitcoin had made a significant bullish move. It doesn’t mean it’s over yet. The next day or two will be critical to determine if the correction can continue or else, lose momentum back to the $3000 area. As mentioned …

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Deplatformed by mainstream tech but welcomed by bitcoin: Rubin Report, Sam Harris, Gab.ai

As Sam Harris leaves Patreon, should deplatformed individuals turn to cryptocurrency? The year of 2018 has been a year of increased social media scrutiny as platforms like Twitter, YouTube, Google, PayPal, Patreon clearly decided to take on a more active role in policing public opinion.  As a direct result of …

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The bitcoin bust, one year on

A year ago this week, the price of bitcoin peaked at almost $20,000. Since then, the biggest bubble in financial history has burst spectacularly, with the cryptocurrency losing 80 per cent of its value in a bloodletting that has taught a new generation of investors a painful lesson. Bitcoin’s 2017 …

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Traditional Investors Shift to Over-The-Counter Bitcoin Markets

In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets. Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange Coinbase. According to the report, Coinbase outperformed Grayscale’s Bitcoin …

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BTC Eyes Short Term Reversal Above $3,350

Bitcoin price traded towards the $3,150 support recently against the US Dollar. BTC/USD is currently recovering and it may trade past the $3,400 and $3,490 resistances. Important Points: Bitcoin price formed a decent support base near the $3,150 level. BTC surpassed a major bearish trend line with resistance at $3,250 …

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Iranian Students in UK Choose Bitcoin as US Sanctions Threaten Survival

The US sanctions against Iran have cut the global economic corridors for the Western Asian country. And the latest victims of this ongoing political mishap are students. According to the Guardian, hundreds of Iranians students in the United Kingdom have been denied banking services. As a result, they are falling …

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