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Here's Why The Bitcoin ETF Keeps Getting Pushed Back

Throughout this year, proposals and listings for the Bitcoin exchange-traded fund (ETF) keep on getting denied as well as being pushed back by the United States Securities and Exchange Commission (SEC). This comes after several of the SEC refusals of Bitcoin-based funds which include the SolidX Bitcoin Trust and two separate denials of the Winklevoss Bitcoin Trust with the first one being last year and the other being in the summer of 2018. In the past, the SEC has approved ETFs which track down copper, oil, gold, silver, platinum and so much more but Bitcoin and cryptocurrencies don’t seem to...

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How Bitcoin Can Help Poverty According To Bill Gates

One of the biggest names in the world, who has made cameos in such shows as The Simpsons and is the founder of Microsoft, Bill Gates, in a recent video has cemented his interest in cryptocurrency by claiming that it has the potential to empower those in the world that live in poverty. We can’t forget that overall, Gates has been very much against Bitcoin in the past, there was a time when he strongly expressed his opinions through upbeat remarks. Four years ago, Gates spoke to Bloomberg and said, “Bitcoin is better than currency in that you don’t have...

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Bitcoin (BTC)’s Swift Recovery Towards $6,000 And The Inevitable Short Squeeze

Bitcoin (BTC) is due for a swift recovery towards $6,000 as long as it closes the current weekly candle above trend line support. RSI for BTC/USD points to a similar outcome on the weekly chart. Bitcoin (BTC) recently broke market structure which led to a crippling correction the likes of which we have not seen in the past. This correction or crash has now become a part of Bitcoin (BTC)’s outlook for years to come. The moment it broke below the $5,800 level, Bitcoin (BTC) completely shattered any hopes of a bullish comeback towards the end of the year. Some...

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Are Bitcoin Transfers Foreseeable For IOTA?

In theory, when you send Bitcoin or any other cryptocurrencies to someone, it should be as easy as sending a text or posting a picture on Facebook. Well, this could soon be a reality as the IOTA Foundation has said that it’s planning to update its crypto software wallet Trinity in order to make this possible. The Internet of Things - or IOTA - is a cryptocurrency which uses a drastically different model from a traditional blockchain. Instead of organising transactions in blocks, it sections IoT enabled devices into nodes on a decentralised ledger which is connected through overlapping paths...

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Facebook ‘Zucked’ Into The Crypto Space

Anthony Pompliano has declared that the popular social network, Facebook will eventually build the “most used product in crypto”. In a response from a tweet by Mike Dudas, founder of The Block who implied that Facebook is now hiring blockchain engineers without a clearly defined role or purpose for them. The founder of Morgan Creek expects that it is a matter of time before the social network rises to dominate the cryptocurrency space - based on its history of scaling, deployment and development. A terrific job for someone looking for professional prestige without risk of shipping something https://t.co/bvihnOifos pic.twitter.com/nXaWcOQ9cd —...

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