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Forget Crypto Winter, Nuclear Winter Is On The Way

A general partner a crypto fund Multicoin Capital, Vinny Lingham has said that if the price of Bitcoin drops below $3,000 there will be some serious problems ahead. In the case in which the Bitcoin price does collapse even further below the $3,000 key resistance level into the $2,000 region, Lingham said that the crypto winter could turn into a ‘nuclear winter’. If we break below $3000 for Bitcoin, “crypto winter” will become “crypto nuclear winter”... https://t.co/sS83cl6Em1 — Vinny Lingham (@VinnyLingham) January 28, 2019 Over the past two months, after a steep sell-off in November, Bitcoin has been relatively stable...

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Chicago Drives Adoption With More Bitcoin ATMs

On Lake Michigan is one of the biggest cities in the United States and thanks to its stunning skyline and bold architecture a popular tourist destination. The city of Chicago is one that has always been involved heavily in finance and so with this, it shouldn’t come as a surprise that the Illinois city is embracing the coming Bitcoin and cryptocurrency revolution. The city is already home to the relatively large volume of Bitcoin ATMs and they are about to get a whole lot more. This is thanks to Lux Vending. The decision to make the move into Chicago was...

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Should Holland Ban Anonymous Bitcoin Transactions

In a recent report published by the Dutch news outlet, Nederlandsche Omroep Stichting (NOS) last week, the Dutch finance minister Pete Hoekstra has received official advice that a licensing system should be brought in for cryptocurrency services. At the start of last year, the minister of finance had sought advice on cryptocurrencies and blockchain from the central bank and the Netherlands Authority for Financial Markets. Hoekstra said that he had begun to act on the information after learning it. Money Laundering, Finance & More In the article, it does say that because of the decrease in the speculative crypto enthusiasm...

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Bitcoin (BTC) Retail Sellers Ready To Run Into The Long Awaited Bear Trap

Bitcoin (BTC) has once again crashed hard in the past 24 hours and traders have reasons to believe that we are due for another December, 2018 styled correction in the days ahead. If we compare the two fractals on the daily chart, it is not hard to notice the similarities. Both of the times BTC/USD was trading inside a triangle and both of the time the price consolidated for a long time before making a decisive move. As both the fractals have a descending triangle, most retail traders innocently assume that the same setup is at play and the price...

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Global Bitcoin & Blockchain Adoption Pushed By Nasdaq

In pushing for the further adoption of blockchain technology and cryptocurrencies, Nasdaq has recently invested a very significant amount of money in the financing of a startup that develops Enterprise blockchain solutions. After an official press release, Symbiont successfully closed a $20 million Series B funding round. Nasdaq ventures led the round which also included investors such as Galaxy Digital, owned by well-known crypto figure Mike Novogratz as well as Raptor Group, Citi and others. We are excited to welcome @SymbiontIO, a market-leading platform for institutional applications of #blockchain technology, to @Nasdaq Ventures. https://t.co/cjqFN6tdP8 #RewriteTomorrow pic.twitter.com/hqA5zCxK45 — Nasdaq (@Nasdaq) January...

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