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Bitcoin (BTC) Finally Catches Up With Gold After Following It For Years

During the 1976 IMF Crisis also known as the Sterling Crisis, the British Government had to borrow the largest ever loan of $3.9 billion from the IMF. During that year, Gold Futures began to rally and the climb continued all the way till 1979. We have only seen one similar rally in Gold Futures and that was the one beginning in 2001 after the dot com bubble. Gold kept on climbing throughout the financial crisis of 2008-09 and finally topped out in 2011. Since then, Gold has been in a downtrend but things are about to change. After Gold’s previous...

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6,500 French Shops To Sell Bitcoin By February

Earlier this week, six tobacco stores in France became the first stores of their kind to sell Bitcoin as a result of a deal with a fintech company which intends to expand the sale of the leading cryptocurrency to over 6,450 more shops by February. The company in question is Keplerk and was announced to be partnering up with tobacco stores in the nation back in November to make Bitcoin an easy purchase, just like cigarettes! This is just the start though as Keplerk is aiming to bring aboard as much as 6,500 more stores next month, in what looks...

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Bitcoin Grows In UK Despite Brexit

Despite all the things the UK is going through right now with Brexit and Government MPs stepping down left right and centre, the cryptocurrency market hasn’t stopped growing. Even the sharp downtrend we have experienced in the crypto market hasn’t been able to halt its growth. Bitcoin powers through New investment figures have been published by the UKs London & Partners and Pitchbook which show that British tech firms raised a total of $2.49 billion in 2018, down from £3.12 billion in the previous year. The English capital isn’t just a popular tourist destination but it is the economic heart...

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Why Comparing Bitcoin (BTC)’s Current Cycle With The Previous One Is Wrong

The recent yearlong correction has convinced most investors and analysts that Bitcoin (BTC) is repeating the exact same cycle as before. It is true that Bitcoin (BTC) did decline in the same manner that it did in 2014-15 for the most part, but that does not mean that whatever followed afterwards is also going to repeat this time. Whenever Bitcoin (BTC) is due for a correction to the downside, it corrects regardless of the movement of bigger related markets. For instance, Bitcoin (BTC) started to fall in January, 2018 whereas EUR/USD kept on rising till March, 2018 when it finally...

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Are Security Tokens The Answer To Bitcoin’s Troubles?

Throughout 2018, Bitcoin suffered an interesting year in which many people lost out on their investment with industry executives claiming that security tokens to be the cryptocurrency space as the saviour of the market. In November alone, Bitcoin saw a loss of 17 percent in value near the end of a year which was essentially a downtrend. Currently, Bitcoin is just above $4,000 but there are fears for the bear market to continue throughout 2019. Some people have pointed the finger at government regulatory plans, fraud and the irrelevant digital currencies on a daily basis. In recent weeks, enthusiasts of...

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