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Bitcoin (BTC) Might Never Fall Below $10,000 After May 2018

Bitcoin (BTC) dropped sharply in the last 24 hours as a strangled guppy was seen forming on the charts. This resulted in a quick move leading to a drop to $8500 level. It is no surprise that with a drop like this, the permabulls have gone silent and the bears can now be heard quite loudly with voices like, “This is the end of Bitcoin (BTC)” and “What if Bitcoin (BTC) never rises above $10,000 again?”. To a first time traders, these voices are a matter of life and death especially in circumstances like these. The knee jerk reaction in...

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The Crypto Refresh May 11th

The week is due to draw to a close, this can only mean one thing, the Crypto Refresh is here! Each week, we provide you with the hottest crypto-centric news, upon conclusion of the week, we like to issue a little summary of the weeks events. As ever, we have had a very busy week and have loads to talk about, sit back, grab a brew and read on! Bitcoin Core Lawsuit Abandoned Bitcoin Core attempted to crowdfund fees in order to take Ver and the Bitcoin Cash contingent to court. For various reasons, the campaign was halted and since,...

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Bitcoin Will Hit $36,000 According To Fundstrat

A report out this morning in Finance Magnates discusses a theory that states Bitcoin miners could help drive the price of Bitcoin up to $36,000.00 by the end of 2019. This comes off the back of a tweet, published by Fundstrat Co-Founder, Thomas Lee. CRYPTO: Our quant/data scientist @fundstratQuant publishing #bitcoin mining white paper. Crypto mining economics lead/explain $BTC price—suggests $39,000 per bitcoin by YE19. key takeaways below... pic.twitter.com/f5ZQ4py3jS — Thomas Lee (@fundstrat) May 10, 2018 The tweet comes from a research paper published by Fundstrat which discusses how: “The price/miners breakeven cost multiple has proven a reliable long-term support...

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Why Electrum Pro Is Stealing Your Bitcoins

Electrum Pro is not to be confused with Electrum; the popular Bitcoin wallet. Electrum Pro is quite the opposite – a malicious knock off who are stealing investors Bitcoin, and Electrum have released proof that this is the case. Electrum Pro has instead been designed with malware to hijack private seed keys, and is taking advantage of the name, which has a good reputation. The platform is urging investors to be very careful not to get confused between the two. Since Electrum was made aware of its malicious counterpart, the development team have been doing all they can to alert...

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Bitcoin Proves Itself At $9,000.00 In Market Decline

Yesterday we saw Bitcoin come very close to dropping below $9,000.00 for the first time since the start of May, another $50.00 or so loss would have carried Bitcoin under the threshold. However, Bitcoin remained resilient during the brief market depression and has made solid tracks since on a recovery back up towards $9,500.00. This is very important for Bitcoin, $9,000.00 offers some resistance and therefore, a move below that threshold may knock some of Bitcoins confidence out, ensuring that going forward, it might indeed struggle to breach this point in the future. In the long run, we want to...

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