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Tag Archives: Bitcoin

Bitcoin Price Analysis: BTC Could Slide Below $36K

Bitcoin price extended decline below the $37,800 zone against the US Dollar. The price is now trading below $38,500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $39,380 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,000 level. Bitcoin price is struggling below $39,000 against the US Dollar. BTC might extend losses if...

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Bitcoin Is Doing Great Things in Foreign Nations

Bitcoin is often touted as something that can potentially move the world in the right direction. It allegedly offers people financial freedom and more control over their monetary decisions, and the world’s number one digital currency by market cap appears to be producing solid results in foreign markets and nations. How Is Bitcoin Helping People Around the World? One case where the currency is performing acts of good is in both China and North Korea. Not long ago, North...

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Switzerland City Lugano Gets Tons of Attention Following BTC Legalization

El Salvador has been the subject of news ever since it declared bitcoin legal tender last September. What a lot of people don’t know is that a town in Switzerland called Lugano decided to follow in the country’s footsteps. The region has made bitcoin official money for its Italian-speaking residents, and while the journey may be slow, bitcoin is reaching the future it was destined for gradually. Lugano Is Headed for Bitcoin Greatness The area didn’t get much publicity...

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SFL Maven Says “Yes” to Crypto Payments

SFL Maven Corp – a firm that sells luxury goods – has announced it will soon accept bitcoin and other assorted cryptocurrencies as payments. Digital assets can now be utilized to purchase high-end vintage jewelry and other expensive items that are sure to make their owners feel rich. SFL Maven Will Accept BTC for Goods SFL Maven is bringing the initial goals of the crypto world closer to reality. While many of these assets have become rather speculative in recent years,...

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Brad Garlinghouse Suggests the Crypto World Is “Polarized”

Brad Garlinghouse, the man behind major altcoin and payment system Ripple, says that “tribalism” is preventing the $2 trillion crypto space from getting any further. Brad Garlinghouse On Crypto: There’s Too Much “Tribalism” In a recent interview, Garlinghouse stated: Polarization isn’t healthy in my judgement. I own bitcoin, I own ether, I own some others. I am an absolute believer that this industry is going to continue to thrive. All boats can rise. Garlinghouse is a...

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The IMF Is Worried About Ongoing Crypto Use

The International Monetary Fund (IMF) is worried about all the bitcoin love and adoption that’s occurring all over the world. The agency feels that all this bitcoin usage bears some level of danger to the world’s standard financial systems. The IMF Warns About Further Bitcoin Usage Interestingly, the IMF recently expressed this concern directly to El Salvador, a Central American nation that declared bitcoin legal tender back in September of last year. Now in its seventh...

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Bitcoin Falls Following Crypto-Related Tax Sales

Bitcoin has hit another low point. The currency is trading for under $39,000, hitting what is arguably its lowest point this month. Bitcoin Is at Its Lowest Point This Month Cryptocurrencies like bitcoin have been undergoing a bit of a slump as of late. There have been many reasons for this, a big one being that they are largely correlating with stocks which have been slowly moving south. However, one of the other big reasons is because tax season has come and gone, and...

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Ukrainian Refugees Are Turning to the Lightning Network to Obtain Funds

Alena Vorobiova is a Ukrainian immigrant who says that bitcoin is a true savior. She recently had crypto transferred from the United States to her phone in Poland through what’s known as the Lightning Network. She received it very quickly, which proved useful given the lack of electronic banking in the area now that Russia has allegedly invaded Ukraine. The Lightning Network Is Being Put to Good Use The battle between Russia and Ukraine has been occurring for the past...

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Thiel Vs. Buffett; What BTC Analysts Are Saying

Not long ago, tech investor Peter Thiel – who is known for his role in the creation of PayPal, one of the largest and most popular digital payment systems in the world – took aim at Warren Buffett, calling him a “psychopathic grandpa from Omaha.” This was in response to Buffett’s repeated attacks on bitcoin. Buffett has referred to BTC “rat poison squared” in the past. Peter Thiel and Warren Buffett Fight It Out Over BTC Thiel also hit out at Jamie Dimon, the man behind...

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Bitcoin Price Analysis: BTC Struggle Continues Below $40K

Bitcoin price extended decline below the $38,000 zone against the US Dollar. The price is now trading below $39,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $39,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,400 level. Bitcoin price is struggling below $40,000 against the US Dollar. BTC might extend losses if...

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