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Bear Market Hasn't Impacted Daily Bitcoin Transaction Volume

The daily transactions of Bitcoin have recently reached their highest level since the middle of January this year. The biggest digital currency based on market cap continues to be trodding through a bear market with some prolonged periods of sideways trading. According to recent reports, the current Bitcoin average daily transactions stands at around the 300,000 region. This figure represents a ten-month high and a continuous increase over the last seven months. Following its peak at the end of last December's bull run when Bitcoin touched the $20,000 mark there were about half a million transactions on a daily basis....

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Bitcoin (BTC) Remains In Strong Uptrend Despite Recent Sell Off

Bitcoin (BTC) has held on to its uptrend despite the recent sell off which has once again instilled fear in the market. The bears have once again become louder in convincing amateur investors that a $3k bottom is coming and they need to get out of the market. A big move is about to come and some fear that if this move is to the downside, it may take BTC/USD down to $4,000 or lower. Fearing that, many of them are waiting on the sidelines although they do believe in the future prospects of Bitcoin (BTC). It is going to...

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Could ETH & BTC Ever Be Surpassed?

Over the years, people have made a bomb with cryptocurrency, with Bitcoin, Ripple, Litecoin, Ethereum and Bitcoin Cash all going for early investors. With this in mind, readers should remember that we are not financial advisors, cryptocurrency investment is risky and therefore before you choose to invest, make sure you do your own prior research and only invest what you can afford to lose. How can we determine which cryptos will rise next? Market capitalisation or the share of the market held by a cryptocurrency is a good indicator of what might happen next on the market. As reported by...

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Economist Explains The State Of Bitcoin

Bitcoin is a currency which is unpredictable. In fact, the crypto market as a whole is volatile and subject change on an hourly basis, so, there’s no way of knowing what will happen tomorrow, the day after that and so on. This is why cryptocurrency investment is so risky When it was initially created it was seen as one of the hardest currencies ever created - and maybe that is still true to this day - due to its finite supply which means it will always be a better store of value over time, Bitcoin economist Dr. Saifedean Ammous has...

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Tim Draper Stands Behind His $250,000 Bitcoin Price Prediction for 2022

About six months ago, venture capitalist Tim Draper predicted in a tweet that the bitcoin price would hit $250,000 in the year 2022. In the face of the 2018 bitcoin bear market, Draper is not backing down from his original claim. https://twitter.com/TimDraper/status/984854925552254977 In addition to sticking to his price prediction from earlier in the year, Draper also discussed bitcoin and cryptocurrency more generally at the recent Web Summit event in Lisbon alongside Blockchain CEO Peter Smith, Initialized Capital Managing Partner Garry Tan, and Fortune Senior Writer Jen Wieczner. Sticking to His Guns When Wieczner asked Draper whether he still thinks...

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