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Why Bitcoin (BTC) Bears Have Every Reason To Expect A Fall Below $3,000

Bitcoin (BTC) bears are once again confident that the bear market is not over yet and the price has to fall below $3,000 in order for BTC/USD to find its true bottom. A few weeks back, most Bitcoin (BTC) bulls would have laughed at this, but not anymore. The sharp decline that we saw the past week proved to the bulls that no matter how bad things are, they can always get worse. Now, looking at the daily chart for BTCUSDShorts, it is quite clear that the number of margined shorts tested a support and then bounced clearly off that...

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Square Cash App Turns Over $52m in Bitcoin Revenue

Jack Dorsey is well known for being the CEO of Twitter as well as the financial services firm, Square which turned over more Bitcoin revenue in the fourth quarter of last year than at any time since it began support for the cryptocurrency. It’s Hip to be Square The firm’s fourth-quarter earnings report came out this week and show that it’s Bitcoin sales topped $52 million which has beaten the $43 million in quarter three and is miles ahead of the $37 million from the second quarter. Users of the Square Cash app have been able to buy and hold...

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What Can You Do To Make Your BTC Transactions Completely Private

Satoshi Nakamoto is the infamous founder of Bitcoin yet no one knows who he/she/it is. Nakamoto holds the ability to keep your dealings private but despite never revealing themselves, most holders of Bitcoin are much easier to track down. Cryptocurrency is seen as being decentralised and anonymous but the leading cryptocurrency isn’t as anonymous as many people think. In fact, it could be pretty easy to track an address and connect identity to it. In fact, Nakamoto even said the different ways that people could get outed on the blockchain. “The possibility to be anonymous or pseudonymous relies on you...

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TABConf Scalability Panel Discusses Running A Bitcoin Full Node As Virtue Signaling

During a scalability panel at the recent TABConf event in Atlanta, Georgia, the question of why users should run full nodes was posed by moderator Theo Goodman, who is Chief of Memetics at Proof of Work. In their responses, Drivechain inventor Paul Sztorc, BitAuth developer Jason Dreyzehner, and Blockstream Director of Product Management Allen Piscitello discussed the virtue signaling that can be associated with running a Bitcoin full node and how running a node does not necessarily help the greater Bitcoin network all that much. Run a Full Node for Yourself, Not the Network Dreyzehner was the first to point out that simply running a full node does not necessarily help anyone except for the person who is...

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Want A Job In Bitcoin? Move To India

Though the legal status of Bitcoin and cryptocurrencies in India is uncertain, it seems that the country is still very much on top of the blockchain recruitment game with tonnes of new crypto related jobs starting across many of the countries major cities. This is a worldwide trend, though India stands out as the government is mostly anti-crypto, therefore it’s pretty interesting to see such a huge volume of blockchain jobs in the country regardless. We can’t help but wonder how secure some of these employees might feel, though I guess blockchain jobs do require a set of transferable skills...

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