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MakerDAO Founder Talks On Bitcoin & Ethereum Being Digital Gold

There are plenty of people in the space that highlights the view that Bitcoin was made to be used as digital cash.  Rune Christensen, the founder of MakerDA would be a part of that group. The founder said that Bitcoin and Ethereum both have the potential to becoming digital gold. Whereas some people in the industry think it’s good to see Bitcoin as digital gold or store of value asset, there are plenty of others in the space that highlight the view that this was defying the whole point of Bitcoin, as it was made to be used as digital...

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Bitcoin (BTC) Gets The Green Light From EUR/USD To Take Off

Bitcoin (BTC) is about to break out of the symmetrical triangle it has been trading in since last month. Until recently, the direction of this breakout was uncertain but now that the EUR/USD forex pair has once again climbed above the 38.2% fib level and begun to rally, we are hopeful that Bitcoin (BTC) could do something similar. The 4H chart for BTC/USD shows that fib time analysis also support our view that the price is ready to make a big move. Recent funding history for Bitcoin (BTC) and Ethereum (ETH) have also shown us some signs that bullish interest...

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Kraken Exec Suggests Bitcoin Will Lead The Pack For Traditional Institutions

Nelson Minier has recently spoken on the 2008 financial crash in the latest episode of ‘The Bitcoin Knowledge Podcast‘. Minier said that with “paper money getting printed all the time, globally, Bitcoin is going to be the pied piper”. The Head of OTC trading at the Kraken platform, Nelson Minier has recently spoken on the 2008 financial crash in the latest episode of ‘The Bitcoin Knowledge Podcast‘. Minier said: “One thing that the financial crisis has changed in people’s mentality is how important is liquidity. People value liquidity more than in years gone by and the financial crisis really put...

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Nordea Bank Employees Banned From Crypto Use, Even In Their Own Time

Nordea Bank’s ban on trading in Bitcoin or other cryptocurrencies is definitely a strange one. Not only can they not have anything to do with cryptocurrency during the working day, but even outside of work. Waking up this morning and looking at all the latest crypto news, I particularly found this one both interesting and strange at the same time.  Why Nordea Bank’s ban on its 31,500 employees for trading in Bitcoin or other cryptocurrencies is definitely a strange one. Not only can they not have anything to do with cryptocurrency during the working day, but even outside of work,...

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Sally Ho's Technical Analysis 9 December 2019 BTC ETH

Bitcoin Bitcoin (BTC/USD) weakened early in today’s Asian session as the pair fell to the 7518.38 level after trading as high as the 7580.84 level during yesterday’s North American session. Market sentiment appears to be at least marginally shifting in favour of BTC/USD Bulls following the pair’s recent moves above the 7552.89 area, a level that represents the 23.6% retracement of the 6526.00 – 7870.10 area.  Technicians are curious to see if the pair can remain above the 7473.42 area, a level that represents the 23.6% retracement of the 10540.49 – 6526.00 range.  Additional similar important retracement levels related to...

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