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Gateway To Earning Bitcoin: An Interest-bearing Wallet

Staying at home and practicing social distancing allows many crypto-curious to sit back and learn more about cryptocurrency. According to Glassnode, the number of addresses holding at least 0.01 BTC rose to a new high of 8,439,298, despite the fact the Bitcoin continues to trade at the narrow range of $9,000-$9,300. When you enter the crypto world, you would probably hear stories of overnight success and being introduced to either spot trading or margin trading, two of the most popular tools in the crypto market. However, although they are mature and have the potential to generate a large sum of...

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As the federal reserve prints more money, could bitcoin reap the rewards?

Is government spending going to help bitcoin? Tyler Winklevoss believes it will Spending by the United States government could have a big impact on the price of bitcoin according to the co-founder and CEO of the Gemini crypto platform, Tyler Winklevoss.  Writing in a tweet earlier this week, one half of the famous twins said the following:  The Fed continues to set the stage for bitcoin's next bull run. https://t.co/L5RKVHwCje — Tyler Winklevoss (@tylerwinklevoss) July 22, 2020 Since March and as a result of the COVID-19 pandemic, the United States government has strengthened up its monetary activity in an attempt...

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BTC/USD Troubled by 9357.50: Sally Ho's Technical Analysis 23 July 2020 BTC

Bitcoin (BTC/USD) attempted to regain some traction early in today’s Asian session as the pair continued to inch closer to its recent high of 9438.00.   Bids emerged around the 9277 area during yesterday’s European session and traders have encountered some technical resistance around the 9357.50 area, representing the 50% retracement of the recent depreciation from 9438 to 9277.  Related upside retracement levels include the 9376.50, 9400.00, and 9403.55 areas.  Traders are carefully observing the 9431.17 level as an important technical level, representing the 38.2% retracement of the broader deprecation from 10428.00 to 8815.01.  Traders are closely monitoring recent depreciating ranges...

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Bitcoin (BTC) Bulls Are Not Giving Up Just Yet

Bitcoin bulls have been fighting hard recently soon as we saw a break past $9.2k. The recent move down to the 38.2% fib retracement gave the bears a chance to strike once again but it appears that the bullish momentum is not broken yet and the bulls can still push the price higher from current levels to $9.5k or higher. It is important to realize that we don’t have to be in any sort of rush to short BTC/USD. Thera are a lot of traders trying to short the market around $9.3k and slightly higher which is not a good...

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The EU stimulus deal sees bitcoin bullishly react

After European leaders agreed to create a recovery fund, the leading crypto spiked in seeing a significant increase when it came to its trading volume.  During the announcement in a joint declaration, EU leaders agreed to a new budget of around €1.1 trillion for 2021 to 2027.  After European leaders agreed to create a €750 billion recovery fund for Europe, the leading cryptocurrency spiked to $9400 in just hours seeing a significant increase when it came to its trading volume. During the announcement in a joint declaration, EU leaders agreed to a new budget of around €1.1 trillion for 2021...

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