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Things Are Looking Up For BTC Adoption in Africa

A Bitcoin ATM has just been set up in Gaborone, Botswana by Express Minds Ltd which increases the number of machines on the continent to ten. The BATM will allow users in the country to buy Bitcoin by scanning a QR code for their wallet address, insert money in the machine and get the crypto equivalent automatically assigned to their wallets. The tech firm has said that they expect the new machine to give people a reason to adopt cryptocurrency. There is a general consensus that getting involved with cryptocurrency is a complicated process which puts a lot of people...

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Binance.US Trading Launches Tomorrow!

The globe’s biggest cryptocurrency platform, binance has just since its newborn sister company, Binance.US officially launch its digital asset marketplace. The US-only platform (duh) will offer fiat on-ramp and free trading for all listed coins, which will begin on 24th September. The next adventure So it seems that the world's biggest crypto platform by trading volume has officially launched its US only branch. The firm said in a press release, the platform will be operated by BAM Trading Services and license new wave trading and wallet tech from the platform.  The firm also said that it will exist as an...

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Bitcoin (BTC) Bulls Glum As Bakkt Rally Fails, Price Breaks Symmetrical Triangle

Bitcoin (BTC) has broken below the symmetrical triangle that many of the bulls have been counting on for a sharp breakout to the upside around the Bakkt launch. We have now seen that Bakkt was a non-event and there has been no impact on the price so far. This has left a lot of traders glum and they might be selling their bags soon in anticipation of a strong correction to the downside as generally investors “buy the rumor and sell the news”. If that happens this time, then we might not only see BTC/USD decline to the bottom of...

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Draper Reviews his $250k BTC Price Prediction

The huge bull on bitcoin Tim Draper now believes that his own prediction on the BTC price hitting a quarter of a million by 2022 could be understating the power of the leading cryptocurrency.  Taking part in an interview earlier in the month, the well-known American venture capitalist expressed his positive stance on bitcoin and forecasted that the highly anticipated mainstream adoption, that the industry is so very much craving, will see the price of bitcoin pushed higher.  In the interview, Draper said: "$250,000 means that Bitcoin would then have about a 5% market share of the currency world and...

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Bitcoin (BTC) Could Trade Sideways For A While

Bitcoin (BTC) has done practically nothing for the past few days. It has been trading sideways to the surprise of most bulls who expect it to rocket before the Bakkt launch. So far, nothing of the sort has happened and Bakkt has proved to be a nonevent for the cryptocurrency market. The symmetrical triangle that a lot of people have been counting on has finally been broken to the downside and I think it is time the bulls accept that. BTC/USD has now declined into the descending triangle but that does not mean that we have to see break below...

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