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6 Reasons Why 2020 Could Be the Best Year in Bitcoin’s History

Bitcoin’s future is perhaps one of the most widely discussed topics in the crypto community. It has been pronounced “dead” exactly 371 times according to popular resource Bitcoin Obituaries. However, the world’s largest cryptocurrency by market cap has survived every attempt to be dethroned and continues to grow after each down cycle. Leaving behind technical aspects, […]

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Bitcoin Drops $2,000 in Days, Who Done It?

A bitcoin sell-off accelerated this Thursday to a low of $9,600 amidst a sell-off in stocks as well as gold. That has brought bitcoin down to about $10,000, falling from $12,000 just five days ago. The sell-off for a time appeared to be following Dow Jones pretty closely. That fell by some 3% yesterday as […]

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Cryptocurrency Regulations: The Good, The Bad And the Future

In June 2019, the Financial Action Task Force (FATF), an inter-governmental agency created to address and reduce international money laundering, terrorist financing, and other financial threats, released new guidelines for international banks. These standards were also affirmed by the G20 in June. A collective agreement was made to apply the rules at the G20 meeting […]

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BITCOIN HAS BEEN PROFITABLE FOR 98.66% OF ITS HISTORY

Bitcoin holders have made easier profits than traders who buy and sell it consecutively, according to data provided by Rhythm Trader. The prominent cryptocurrency analyst found that bitcoin has been profitable for 3,817 days out of 3,869 days of its existence. That makes 98.66 percent of its history. He added that the only people who lost […]

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Safe-haven or a high-yield asset? Bitcoin qualifies for both

Bitcoin stays green on a weekly basis, rangebound on the shorter time-frames. Fundamental developments imply that Bitcoin is regarded as safe-haven. The short-term price recovery is limited by $12,300. The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week, though the efforts failed to […]