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Long Term Predictions: Will BTC Reach $100,000?

Ten years ago, a new mysterious digital asset came into the world known as Bitcoin. No one knew who built it, all we know is that it came from someone using the code name, Satoshi Nakamoto. The world has been speculating the long term value of Bitcoin ever since it’s creation. Despite the current bear market sent Bitcoin close to $3,000, from its all-time high of $20,000, there is still believer out there that the leading cryptocurrency will reach over $100,000 and maybe even hit a million dollars. One of these people that is the popular crypto investor and top...

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Bitcoin Firms Using Backdoors To Reach The Mainstream

There are a lot of cryptocurrency exchanges that are moving ever closer to the mainstream markets. This is primarily being done through buying out listed companies and looking to raise funds and present themselves as a core part of the traditional financial service space despite once being ignored. In the most recent deal with the US crypto, broker-dealer Voyager achieved a backdoor listing on Toronto’s Venture Exchange after it bought control of the mineral exploration company, UC Resources. These kinds of purchases are known as reverse mergers and allow firms to offer shares to the public without the rigours and...

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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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