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What Might Cause The Next Bitcoin Bull Run

For what seems like forever now, the market has either been trading sideways or trading downwards. This year has been a disappointing one for many cryptocurrency traders, the past two weeks being especially being quite hard-hitting for many investors. The question on everyone's lips is when will the Bitcoin bull run happen? Will it be before the end of 2018 or will it happen sometime in 2019? So many questions yet the one we are going to answer today is what could cause the next Bitcoin bull run. Bakkt There are a few things that could cause to the bulls...

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Bitcoin Might Not Be Smoking Anymore

Last week we did an article titled Bitcoin Is Smoking in which we talked about how thousands of tobacco shops in France will begin to sell Bitcoin coupons from 1st January next year. In case you missed it you can catch up on what we discussed here but to sum up, at the start of 2019 there will be thousands of point of sales which will be selling Bitcoin throughout the country of France. However, it has now been reported that the Central Bank of France and its local financial market regulator, the AMF (Autorité des marchés financiers) aren’t happy...

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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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