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Bitcoin Ownership - What You Need To Know

Bitcoin in the eyes of the law is a contested subject. Nobody really knows the true status of Bitcoin, simply because it’s a decentralised, unregulated entity. By definition, it has no legal protection. Indeed, within some countries Bitcoin does exist within a vague legal framework but still the international consensus is that Bitcoin and other cryptocurrencies are not yet defined by any concrete laws or legal contract. Is this a good thing, or a bad thing? The essence of Bitcoin is that it was created to allow people to take control of their own finances and their own money, away...

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Bitcoin (BTC) Bears Waiting For A Miracle As The Sell-Off Comes To An End

Bitcoin (BTC) has now seen a long queue of red candles that reminded everyone that no matter how bad things are, they can always get worse. The price nosedived in a series of three consecutive crashes that pushed Bitcoin (BTC) to a new low for the year. While the bloodbath effectively hurt the bullish resolve and induced some long awaited panic selling, it also made the bears over confident. As the daily chart for BTCUSDShorts shows, the number of shorts kept on piling up since mid November. The number of shorts peaked last weekend as the bears began to feel...

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Financial Expert Weighs In On The Current State Of The Market

There are many financial analysts out there who are well-known for how accurately they predict price drops and the price jumps with certain stocks and companies. In a similar sense, venture capitalists which can return a solid return on their investments are praised within the financial community and of course, it brings them more business. However, it should be noted that institutional money normally stays away from the digital currency markets. This is mainly due to the volatile and lack of stability in the crypto space. But with big asset managers such as Fidelity and BlackRock some believe that this...

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The Technology Behind Ripple Has More Potential Than Bitcoin

During this year, Ripple Inc has been showing signs of significant growth. Its recognition not only institutions but also on a domestic level is quite remarkable and day by day the community of XRP enthusiasts and followers seem to be stronger and more outspoken than ever before. According to the Chief strategist over at Ripple, Cory Johnson, the reason for why Ripple is so popular is much more than just a propaganda stunt. In a recent interview published by Steven Diep, Johnson mentions that even though the technology behind Bitcoin is ‘poor’, the development of XRP surpasses it in many...

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Bitcoin Mining In Norway To Lose Out

Through 2018, the profitability of Bitcoin mining (and the mining of other cryptocurrencies) has taken a bit of a tumble. Prior to the start of the year, when Bitcoin entered a bull phase and almost peaked at $20,000.00, the Bitcoin mining industry saw a huge uptake in popularity, simply because all of a sudden, mining Bitcoin could have become a very profitable business. Through the year though, a bad recipe of climbing energy prices and the falling value of Bitcoin has meant that now, mining Bitcoin really doesn’t make anyone much money. Tie this in with the sudden change in...

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