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Bitcoin Affected By US Govt Shutdown

The whole idea of cryptocurrency and Bitcoin is to function outside of the government's control. However, the crypto industry’s expansion as a new asset class still seems to depend on governments. For a few weeks now, the US Government has been in shutdown mode and they now appear to be making it hard for the financial space to include new products tied to crypto. Cboe has asked the Securities and Exchange Commission for approval to list and trade a new Bitcoin exchange-traded fund called the VanEck SolidX Bitcoin Trust however the application was pulled this week claiming that “timing related...

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Run The Jewels Rapper Discusses Future Of Bitcoin With Joe Rogan

The Joe Rogan Experience is a popular podcast, which has over 1,200 episodes as of 15th January and has seen many famous faces go onto the podcast including the Tesla founder, Elon Musk. In the most recent episode of the Joe Rogan Experience, Rogan and Killer Mike of the rap group, Run the Jewels discuss economics throughout the podcast with Mike leading to the conversation to Bitcoin saying, “we end poverty, we fix crime.” The Run the Jewels rapper goes on to talk about ways to end poverty. Mike does a play on words with Donald Trumps ‘Make America Great...

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Could BTC Crash Further If Bears Keep Hold?

In a recent research piece, analysts from the multinational investment and financial services household name, JP Morgan first claimed that digital assets will most likely have near to no impact on financial incumbents for a minimum of three to five years. This also applies to blockchain technologies and similar innovations. Analysts from the company have even said that the value proposition of cryptocurrencies are limited and highlighted that such digital Mediums of Exchange and Stores of Value would only be truly viable if the gold, US fiat and other government-issued currency plummeted, in a similar way to how Bitcoin crashed...

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“I’m Not Prepared To Say Bitcoin Goes To Zero” Says Ripple Brad Garlinghouse

The CEO of Ripple, Brad Garlinghouse has spoken at the World Economic Forum this week in Davos, Switzerland where he discussed many topics including the potential that cryptocurrencies have for the future to improve the international economic space. In a discussion panel on the future of cryptocurrency, the CEO went on to explain that there are high chances that blockchain technologies will improve the conditions under which social, banking and industrial relations operate. Garlinghouse said: “There is an opportunity to fundamentally rewire how modern financial infrastructure works in the pre-funding. You have about $10 trillion pre-funded to banks around the...

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JPMorgan CEO Isn’t Happy About BTC Drop Despite Previous Predictions

The CEO of the investment banking firm JPMorgan Jamie Dimon has reiterated his negative view on the leading cryptocurrency, saying that he doesn’t really care about Bitcoin. In a recent interview with CNBC’s Squawk Box yesterday, Dimon spoke on the subject saying that he wasn’t happy when Bitcoin plummeted in 2018, even though he had predicted the cryptos nosedive at the end of 2017, noting that several media outlets over-reported his sceptical comments. In addition to this, Dimon said that he doesn’t intend to become the spokesperson against the leading cryptocurrency. As reported by CoinTelegraph, during the interview on Squawk...

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