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Bitcoin Won’t Settle Below $8,000 Now

Just a week ago, we where all starting to plan for a future in which Bitcoin would never reach its less-than-ambitious target of $7,000, yet in an instant, on Friday the 13th of April, that changed. Whilst Friday the 13th is supposed to be a day of bad fortune, Friday the 13th of April 2018 seemed to deliver just the opposite. In fact, it didn’t just offer good fortune, it offered great fortune. In terms of Bitcoin, in just an instant we saw Bitcoin jump from $6,869, to £7,738, making gains just short of $1,000 in a matter of minutes....

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18 Percent Surge In Bitcoin Price Catches Everyone Off Guard

Within the space of less than an estimated couple of hours, Bitcoin’s price saw itself shoot up from the $7000 region to a two week high in the $8000 region. As expected as it was that Bitcoin’s next change in price range will be dramatic, it was not expected to increase 18 percent in a matter of two hours in such a strong move. How Did This Happen? When it comes to predicting the price valuation of Bitcoin or any other cryptocurrencies and the reasons for it, there is no scientific way to prove the possible reasons to be absolute...

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Bitcoin Dust – What Is It And Why It Should Be Eliminated?

Bitcoin dust is something that not many people are aware of, and lesser people understand what it is. In order to understand, here is a very simple analogy: Imagine that you have a crisp $50 note in your wallet. Not that hard to imagine having it in your wallet, right? Now imagine having $50 worth of pennies. There. The difference between the two is that the latter is spare change. Same is the case with Bitcoin dust. Why Is Bitcoin Dust Problematic? Bitcoin dust is one of those relatively unknown but highly annoying things about Bitcoin. Just like the example...

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The Crypto Refresh April 13th 2018 – Crypto Daily

We say this every single week, but we do really mean it this week, what a week! In our new weekly feature*, we are going back through the weeks headlines to bring you the important updates all over again. A lot has happened this week, so it’s only fair we sort you out with some reminders, right? *I say new feature, this is our third week, its quickly becoming an essential part of our service. $1.1bn of New Coins Added to Bitfinex 12 new tokens are soon to be added to the Bitfinex exchange, with a value in excess of...

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The Lower Bitcoin (BTC) Goes, The Easier It Gets To Turn The Crypto Market Around

Bitcoin (BTC) is getting closer to breaking the downtrend every passing day. Some would argue that we are already in the clear but Bitcoin has to close above the downtrend line and mark two consecutive green candles on the daily chart to confirm a bullish setup. While the big spike that resulted in liquidation of millions of dollars worth of BTC Short Positions was confidence inspiring, it is pertinent to note that the spike itself was mainly the consequence of shorts getting liquidated. However, we did continue to see some bullish sentiment as bears ran for their lives and bulls...

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