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BitMEX CEO & Nouriel Roubini’s Explosive Bitcoin Debate - The Highlights

Earlier this week, we saw the CEO of BitMEX Arthur Hayes have a heated debate with Nouriel Roubini (Dr Doom) in Taipei City, Taiwan. During this years Asian Blockchain Summit, the two argued the points of whether cryptocurrencies are the future of finance of just a scam in disguise. Both parties had different views of course. Oh and just before we get into it, there’s quite a bit bad language from the pair - as you might expect in such debate... Roubini said that “shi**y behaviour” is what occurs in the crypto space with all the scammers and hackers around....

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BTC Ponzi Scheme Fools South Africans With “100% Guarantee Promise”

Bitcoin’s recent bull run took it over the $13k which has given the crypto community a sense of optimism. Such optimism was short-lived since the digital asset has been fluctuating like mad ever since with no one knowing what will happen over the next few days. As well as the crazy volatility Bitcoin has been experiencing, a new Ponzi scheme has just been uncovered in South Africa that duped investors of $135,000 on a daily basis. Thousands of people in the city of Ladysmith were fooled into the scheme and were enticed to invest in a firm called Bitcoin wallet...

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Trump Manipulation Call Could Be Bullish For Bitcoin

The President of the United States, Donald Trump has recently made a call to the nation’s monetary policymakers to match China and the European Union in adopting ‘dovish’ policies. Known for speaking his mind on Twitter, Trump accused both China and Europe of playing a game of currency manipulation. “China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games - as they have for many years!” According to...

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Bitcoin (BTC) Risks A Fall Below $10,000

When we drew the rising wedge on the 4H chart for BTC/USD, it was just about to shoot up as we expected. It shot up soon afterwards and hit the top of the rising wedge. It then traded sideways and eventually declined well below it. Currently, it is trading below the 50 EMA on the 4H chart having closed below it. We have seen that a similar close in the recent past led to further downside. Therefore, we expect that the same could happen this time. If we take a look at the weekly chart for BTC/USD, we can see...

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Sally Ho's Technical Analysis 5 July 2019

Bitcoin Bitcoin (BTC/USD) continued to trade sideways early in today’s Asian session as the pair dropped to the 11,551.00 level after trading as high as the 12,064.26 area in yesterday’s Asian session. The brief move above the psychologically-important 12,000 figure represented its first time above this level since 30 June. During yesterday’s European session, the pair moved lower from multi-day highs and tested Bids just above the 50-bar MA (4-hourly), then around the 11,519.82 area. The pair has generally traded sideways ever since the 50-bar MA (hourly) crossed above the 100-bar MA (hourly) early in yesterday’s European session. BTC/USD recovered...

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