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The Coronavirus Has Nothing to Do With BTC - Mati Greenspan

Those who have been keeping up with the news will have heard of the Coronavirus which has become a very serious health concern in China. The Coronavirus is supposedly the cause of the bitcoin surging, according to some analyst commentators. There was a significant sideways movement last year for the leading cryptocurrency. It ended up going down the wrong end of the $8k however, this week it ended up coming back and going over the key resistance level of $9k. Whereas some expected this surge to come at some point, there were many others that believed it would never happen....

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Is Bitcoin (BTC) Ready To Shoot Past $10,000? 

Bitcoin (BTC) has shown some signs of strength lately and we have seen the price climb above $9k the past few days. This is not surprising because for weeks now we have been talking about a potential bull trap before the next major downtrend. The 1H chart for BTC/USD shows that the price is quite likely to end up testing $10k before it starts to decline. To the majority of the market, this is the beginning of a new bullish cycle. I am inclined to believe this is one of the biggest bull traps in years and we are likely...

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People Will Turn to Bitcoin When Inflation Starts

The United Kingdom, European Union, Japan, Sweden, Canada and Switzerland are all teaming up with the Bank of International Settlements. These CBDC’s are the talk of the town in the crypto world right now with a lot of controversy being at the centre of it. Earlier in January, the Bank of England revealed that central banks of the United Kingdom, European Union, Japan, Sweden, Canada and Switzerland are all teaming up with the Bank of International Settlements for joint research on central-bank digital currencies. These CBDC’s are the talk of the town in the crypto world right now with a...

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Bitcoin Price Prediction for 2020 - What Can We Expect?

     Blockchain technology has experienced a rollercoaster of a journey. From being regarded as a bubble bound to burst sooner, rather than later, to playing an important part in several sectors of business, including health, tourism and energy – Blockchain technology has well and truly survived the test of time.       Blockchain technology’s proudest exponent is Bitcoin, and it too, has seen its fair share of ups and downs. At the time of writing, Bitcoin enters a new reckoning. That being said, what can we expect from Bitcoin in 2020? Is it a viable investment option? Can you really become a BTC...

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UK High Court Call for Proprietary Injunction on Canadian Bitcoin Ransomware Attack 

A High Court has ordered an injunction on leading cryptocurrency obtained by a ransomware attack on an insurance company in Canada. At the end of last week, the High Court released documents in regards to such a ransomware attack. A High Court in the United Kingdom has ordered a proprietary injunction on leading cryptocurrency obtained by a ransomware attack on an insurance company based in Canada. The injunction is an order which prevents certain individuals from dealing with their own assets when it’s subject of a proprietary claim - in other words, they are a suspect and their assets are...

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