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Tag Archives: Bitcoin

Kraken: BTC Could Shoot Up Another 200 Percent

A report issued by San Francisco-based cryptocurrency exchange Kraken says that bitcoin’s volatility is at an all-time low, and that the currency could potentially shoot up another 200 percent in the coming months.Kraken Says Bitcoin’s Volatility Is Super LowAt the time of writing, the world’s number one cryptocurrency by market cap has surged into the $11,800 range after spending the last few days trading for approximately $11,500. This marks a $300 surge in just 24 hours. The currency was...

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U.S. Agents Get in the Way of Bitcoin Terrorist Financing

The U.S. has seized roughly $2 million in bitcoin units said to be used for funding terrorist groups such as Al Qaeda, ISIS and others.Terrorist Groups Are Stopped Ahead of TimeOne of the big worries centered on bitcoin is its use in criminal circles. News has emerged that bitcoin is still widely popular on dark web markets, and the currency is frequently the subject of hackers and cyber thieves. Among the most recent – and most prominent – cases as of late are a Twitter BTC hack that saw...

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Chainlink Is Now the Fifth-Largest Cryptocurrency By Market Cap

Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...

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Bitcoin and Gold Appear to Be More Correlated Than Ever

Recently, bitcoin took a nasty dive of approximately $600 despite being on the verge of crossing the $12K threshold.Bitcoin Dives, and Gold Does the SameAs late as Monday, the world’s number one digital currency by market cap was trading for over $11,900, meaning it was just a few dollars away from breaking present resistance and moving even further up the financial ladder. Sadly, this wasn’t meant to be as the asset ultimately drove itself back to the $11,300 mark just 24 hours later.Bitcoin...

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New Survey Suggests Most Traders See Bitcoin Reaching $100K Next Year

Faith and trust in bitcoin and its growing price appear to be surging according to the results of a new poll conducted by Twitter crypto analyst Plan B.The Bitcoin Survey Suggests Big ThingsThe survey suggests that approximately 51 percent of people believe bitcoin will jump into the $100,000 range by the end of next year. What’s interesting is that this figure has clearly surged since the previous time this survey was conducted. Plan B initially conducted this research in mid-July and asked...

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Coin Shares Pushes for Further BTC Investing

Bitcoin has been on a massive bull run as of late. The digital currency has been doing so well that London-based asset firm Coin Shares is telling all its customers to move approximately four percent of their money into bitcoin and crypto.Coin Shares: 4% Is BestAt the time of writing, bitcoin is trading for just over $11,500, which is about $400 lower than where it stood on Monday, though it’s still $200 higher than where it stood 24 hours ago. Bitcoin experienced a nasty $600 fall yesterday...

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Bitcoin Price Analysis: BTC Could Restart Rally If It Clears This Hurdle

Bitcoin price is holding a couple of important supports near the $11,200 level.The price is slowly rising, but it struggling to clear $11,600 and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the 55 SMA and the $11,600 resistance to restart its rally in the near term.Bitcoin price is showing a few positive signs above $11,000 against the US Dollar. However, BTC must...

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Russia Says It Will Permit Some Crypto Trading Beginning Next Year

It looks like Russia has a relatively healthy attitude towards cryptocurrencies after all.Russia Says It’s Not Banning Crypto FullyBeginning on January 1 of next year, Russians can engage in various cryptocurrency-related activities including trading, buying and selling them with exchanges and for other digital tokens. The country’s relationship with digital money has been something of an up-and-down game over the past few years, and now it looks like officials have finally taken a stance.The...

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MicroStrategy Inc. CEO Invests More Than $200 Million in BTC

With bitcoin moving so stealthily over the past few weeks, it seems like several businesses are looking to get their hands on it and add it to their growing portfolios. One such company is intelligence software firm MicroStrategy Inc., which recently spent $250 million on roughly 21,000 bitcoin units.MicroStrategy Is Heading the Bitcoin GameAt the time of writing, bitcoin has suffered another disastrous drop of about $600, falling from the high $11,900 range into the low $11,300 range. It’s...

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Goldman Sachs Is Looking to Build Its Own Cryptocurrency

Goldman Sachs appears to be changing its tune yet again on bitcoin and is delving deeper into the crypto space.Goldman Sachs Is Changing Its Stance on BTCThe company announced that it is appointing a new head of crypto and says that it will look into potentially building its own virtual token as a means of competing with the world’s number one digital currency by market cap. These are big words coming from a business that just three months ago, hosted an entire seminar about why bitcoin...

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