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Grayscale CEO on Recent Bull-Run, “This Time it’s Different”

The CEO of the digital asset management firm Grayscale investments has given his thoughts on Bitcoin, and it seems that he is very bullish on the future potential of the leading cryptocurrency. In a recent interview with Bloomberg,  Barry Silbert said that he sees Bitcoin being revived but it will be different from the ‘bubble’ that was formed at the end of 2017. Silbert goes onto say that he sees the current market sentiment, price technicals and the significant improvement in infrastructure as a lot of big indicators suggesting Bitcoin is ready to make a push to new all-time highs....

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Crypto Confidence Rising As BTC Surpassed $8k

Despite Bitcoin being all over the place this past week, a lot of wealthy investors haven’t lost their faith in crypto or the space and they actually intend to stake a lot more money into the market over the next three years according to a survey. Two of three millionaire investors have already got a cryptocurrency or they plan to get ahold of one before 2023. This confirmation came from more than 700 investors across thirteen nations with £1 million or more available to invest. Founder and CEO of one of the leading financial advice firms deVere Group, Nigel Green...

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Sally Ho's Technical Analysis 20 May 2019

Bitcoin Bitcoin (BTC/USD) encountered some profit-taking early in the Asian session after being lifted to the 8315.00 area late in yesterday’s North American session, just below the 76.4% retracement of the move from 9948.12 to 3128.89. The pair then traded as low as the 7800.00 figure early in the Asian session. Both 8186 and 8210 represented short-term upside price objectives following yesterday’s price activity and Stops were elected above both of those areas, pushing the pair close to fresh multi-month highs and to levels that preceded the massive sell-off late last week. Chartists are again focusing on important levels of...

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Why Bitcoin (BTC) Might See Another 2018 Styled Bear Trend

If there is one thing everyone is buying right now, it is that Bitcoin (BTC) has bottomed just like it did in 2015 after it formed a blow off top. It is very tempting to believe that we are in that part of the cycle because the ongoing cycle resembles that cycle in many ways. However, there are some stark differences that traders and analysts seem to have ignored due to their strong bullish bias. Before we discuss those, let us analyze why BTC/USD might be printing another 2018 styled bear trend. If we look at the 4H chart for...

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Microsoft’s Next Big Move For Bitcoin

Leading tech giants Microsoft, the company responsible for the format of modern computers and of course, Windows, aren’t strangers to Bitcoin and blockchain technologies. As a matter of fact, the founder of Microsoft, one of the most prolific tech-figures in the world; Bill Gates is often found to be talking about Bitcoin and other cryptocurrencies, though his feelings on Bitcoin are a little unclear - Gates often remains cryptic in his messages. Even so, Microsoft themselves have been working on blockchain based projects for some years now, it’s actually quite uprising they haven’t branched into the production of their own...

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