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Bitcoin Regulations Explored By G20 Leaders

The G20 summit in Buenos Aires over the weekend, the leaders of G20 have signed a joint declaration pledging to develop a regulatory framework for digital currencies in accordance with Financial Action Task Force standards, amongst other things too. The last summit was in July this year and the group of leaders delayed the decision on anti-money laundering measures related to cryptocurrencies until the results of the FATF (Financial Action Task Force on Money Laundering) standards review were received. During the latest gathering on 30th November - 1st December, the leaders recognised the need to lay out all available the...

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CEO Of Morgan Creek Admits To Favouring Bitcoin

Mark Yusko is the CEO of the investment company, Morgan Creek and he has recently had some very good words to say about Bitcoin and the rest of the cryptocurrency markets. In an interview on CNBC’s Fast Money, the CEO of the investment firm said that Bitcoin would be a positive investment in both the short term and long term. So far today, Bitcoin has jumped over the $4,000 key resistance level and has gone below it once more, so maybe the short term wouldn’t be the best idea. It’s worth noting that we are not financial advisors and this...

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The Showdown Between XRP & Bitcoin

Yesterday we did an article titled How XRP Could Be The Best Investment For 2019-20 and we discussed the things that mean it could be a wise choice for investors. You can read the article here. This is a topic that is discussed a lot in the crypto sphere and another similar subject is that of whether Ripple is bigger than Bitcoin to which some people say it is and others believe that there is no chance, no possible way that this is possible. If you spend enough time on the internet then you will run into numerous theories that...

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Should We Worry About The Bitcoin Death Spiral?

Things still don’t seem to be getting better for Bitcoin even after a turbulent few weeks for the leading cryptocurrency and the rest of the crypto market. Some people believe that Bitcoin is completely worthless in comparison to its one time high of nearly $20,000 in December 2017. There are now even claims that Bitcoin is in a ‘death spiral’ as Atulya Sarin wrote today in his opinion piece. Sarin is a Professor of Finance at Santa Clara University and his arguments come at a time when Bitcoin sunk below the $4,000 key resistance level once again. He argues that...

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Bitcoin Versus The World

There is no doubt that Bitcoin is the biggest cryptocurrency out there (although who knows how long this will really last). The leading cryptocurrency has won the trust of many institutions and organisations driving its acceptance rate to be more positive. With this, it is clear that the function provided by Bitcoin compared to the traditional banks makes it a better option though it has been highly criticised on the standing that its obscurity can encourage some individuals to money launder. This is just one of the weakness of the digital assets which is why many people think that there...

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